So what is a data extraction and why would you automate it? Data extraction or scraping isn’t just searching for the information you need on the Internet. Modern challenges in web economics demand a bigger-scale approach. The amount of data you need to analyze grows exponentially due to a great number of factors. Only by gathering a huge amount of data simultaneously can you mine data and find necessary trends, which will provide new opportunities to your business.

The FinTech industry is one of the most challenging for software development due to multiple regulations, requirements, and expectations. Your team should know the ropes to seamlessly integrate all the needed features and create a powerful project. SapientPro gathered its experience in this post to help you understand what to prepare for.

Scientia potentia est – knowledge is power. This ancient saying has been gaining importance throughout the ages. In the age of Information, when all the major human activities are transferred into the Internet and websites seem to be the main platforms for interaction between people and businesses, data analysis is crucial. Nowadays web-scraping as a web data analysis method is widely used by salesmen, politicians, news agencies, gambling lovers, and anyone who is informed about its benefits.

Implementing Machine Learning and Artificial Intelligence may become your best solution to improve user experience.The pace at which the e-commerce industry is growing and enlarging nowadays is immense, as well as the people’s expectations. By 2021, e-commerce sales are expected to reach 17.5 percent of all retail sales worldwide. What else can be done to improve user experience and make online purchasing easier? Alongside with e-commerce, various technologies are evolving to meet the customers’ needs. Such terms as Artificial Intelligence, Machine Learning or chatbots are heard almost everywhere now. While some people express their concerns that AI will run the world soon and leave the people unemployed, more and more eCommerce business owners choose to implement new technology and reap benefits of it. Together with advantages, the eCommerce brings to customers, there are still some drawbacks and issues occurring while shopping online.