Glover Michael, Author at Nysoft-Hun https://hunnysoft.com/author/michael-glover/ Blog about developing messaging programs Tue, 28 May 2024 13:21:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.1 https://hunnysoft.com/wp-content/uploads/2023/08/cropped-chat-1873536_640-32x32.png Glover Michael, Author at Nysoft-Hun https://hunnysoft.com/author/michael-glover/ 32 32 How to Choose Enterprise Software Development Company https://hunnysoft.com/how-to-choose-enterprise-software-development-company/ Tue, 28 May 2024 13:21:09 +0000 https://hunnysoft.com/?p=141 Selecting the right enterprise software development company can be difficult because of various factors. It is important to have clear requirements to make informed decisions crucial for your organization’s success. This article provides a guide for chief technology officers (CTOs) on what to consider when looking for a skilled enterprise …

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Selecting the right enterprise software development company can be difficult because of various factors. It is important to have clear requirements to make informed decisions crucial for your organization’s success. This article provides a guide for chief technology officers (CTOs) on what to consider when looking for a skilled enterprise app development company. When searching for a list of the best enterprise software development companies, it is essential to consider several key factors.

1. What Service Models are Offered?

Companies seeking enterprise application development services have the option to choose between dedicated teams, hybrid teams, or team augmentation. Each model is tailored to different project needs and business requirements.

A dedicated team works closely with the client, often taking on the role of a project manager or product owner. This team becomes an integral part of the company by being deeply involved in the project exclusively.

In a hybrid team setup, a combination of outsourced specialists and in-house talent work together. There are two versions of this model: roles can be shared between internal and external employees, or split between them with no more than half of the team being in-house. This model offers a balance of control over the project for both parties, more than pure outsourcing or dedicated teams but less than staff augmentation.

Team augmentation involves adding outsourced specialists to complement the skills of the existing in-house team. This model is ideal for quickly boosting development capacity without the need for extensive recruitment and onboarding processes.

2. How Will You Pay for the Software Developed?

There are two primary payment models for software development services: time and materials (TM) and fixed-price contracts.

In a time and materials (TM) contract, payments are based on the hourly rate of each project team member. On the other hand, a fixed-price contract involves a set price for the entire project delivery.

However, there are drawbacks to both types of contracts. With a fixed-price contract, there is a risk of overspending if developers have idle time.

To address these issues, a quoted time and material (QTM) contract can be used. This type of contract ensures that clients are only charged for services that meet their criteria, rather than for the time spent working. This helps prevent uncontrolled spending and promotes effective project governance.

3. Get Advice on Team Composition

It is pointless and wasteful to have a team of excellent enterprise software developers without a proper structure. A development team should consist of a project manager and software engineers with the necessary technical skills. This setup fosters a productive work environment where team members can effectively collaborate utilizing their interpersonal skills.

A well-balanced team composition guarantees that all project tasks are managed effectively, with a mix of senior, seasoned developers and junior developers with diverse skill sets. It is important to understand how the enterprise software development company’s team manages the project backlog, as a structured and organized approach ensures efficient handling and delivery of projects.

4. Ensure There is a Proper Legal Framework

Although signing the contract for custom enterprise software development services may appear to be the final step in the hiring process, a wise client will request details about business processes and procedures beforehand. This involves establishing a solid legal foundation that covers various aspects such as project scope, intellectual property rights, conflict resolution, etc. It is advisable for a company’s legal team to carefully examine the legal framework and contract agreement to close any potential legal gaps and guarantee a productive collaboration that aligns with business requirements.

5. Have All Risks Covered

Developing enterprise applications involves various risks, particularly when choosing to outsource services. It is important to carefully review service level agreements (SLAs) that specify performance standards, penalties, and termination clauses for subpar performance.

Evaluate the organization’s resource planning strategies, including contingency plans to handle staff absences and maintain project flow smoothly. To safeguard business data, implement risk mitigation protocols that encompass security measures and confidentiality agreements to protect intellectual property.

If operating within the European Union, ensure compliance with the General Data Protection Regulation (GDPR) when dealing with personal data. Adhere to GDPR guidelines for effective management and processing of personal information.

6. Ensure All Sensitive Data is Processed Securely

When collaborating with custom software development companies, using dummy data is recommended. However, it provides less accurate test results compared to using real customer data.

For an ideal enterprise software development partner, it is crucial for them to grasp the importance of enterprise data management and have a robust security framework in place to handle sensitive data securely. Inquire about their security audits, vulnerability test frequency, and the effectiveness of their security incident response system.

A reputable software development company should employ strong data encryption methods along with strict access control measures to safeguard data effectively.

7. Ensure the Best Working Conditions for Your Team

For enterprise software development companies to succeed, having a conducive work environment is crucial. This includes implementing structured project onboarding programs to clarify project goals and team member roles.

Continuous upskilling through workshops and training sessions is necessary to keep the team updated on new digital technologies. Additionally, fostering teamwork through rewards, team activities, and team-building exercises is vital for strengthening bonds, boosting morale, and increasing internal engagement.

Lastly, providing optimal work conditions that allow for the implementation of industry best practices like quality assurance and the latest software development methodologies is essential for achieving success in enterprise software solutions services.

Top Enterprise Software Companies

ScienceSoft

ScienceSoft
  • Suitable for: Large-scale businesses in healthcare, BFSI, retail, telecoms, and 25+ other industries;
  • Founded in: 1989;
  • Headquarters: McKinney, US;
  • No. of Employees: 501-1000;
  • Clients: Walmart, IBM, Nestle, eBay, NASA JPL, Deloitte, PerkinElmer, and more.

With 33 years of experience in software development across 30 industries, ScienceSoft is a team of skilled professionals specializing in automating complex business processes.

They design and build integrated systems tailored to each customer’s specific needs, transforming various areas such as finance, sales, HR, supply chain management, and operations planning.

ScienceSoft’s comprehensive PMO can handle even the most challenging projects, leading to significant cost reductions compared to in-house development.

Their experienced IT consultants and solution architects are well-versed in modern architecture concepts like SOA, microservices, and serverless, ensuring secure, resilient, and easily maintainable enterprise software that integrates seamlessly with other systems.

Features:

  • Services include application planning, design, frontend and backend development, testing, software support, legacy app modernization, and enterprise app integration;
  • Risk-free collaboration begins with a detailed feasibility study, free project estimates, and a Proof of Concept;
  • Well-established Lean, Agile, and DevOps practices;
  • Partnerships with major tech companies like Microsoft, Amazon, Oracle, and others;
  • Emphasis on security with 19 years of experience in cybersecurity services and collaboration with IBM in security product and service delivery;
  • In-house compliance experts to ensure that enterprise solutions comply with GDPR, HIPAA, PCI DSS, and other relevant regulations in different regions and industries.

Vention

Vention
  • Founded in: 2002;
  • Headquarters: New York, US;
  • Number of employees: 3,000+;
  • Clients: IBM, EY, PWC, Coca Cola, PayPal, Crown Castle, Mount Sinai.

Vention is a top enterprise software development company offering specialized engineering and consulting services. They create dedicated teams skilled in advanced technologies such as AI, IoT, blockchain, and AR/VR to help businesses grow rapidly and efficiently. Their solutions have been successful across various industries like fintech, healthtech, and ecommerce.

For enterprise businesses aiming to expand with cutting-edge products, Vention’s web and mobile engineers collaborate closely with you to create innovative products that keep your business competitive. Reach out to Vention for a quote and discover how they can assist your company in staying agile while scaling up.

Features:

  • Software development;
  • Web development;
  • Mobile development;
  • Startup services;
  • Cloud services;
  • Blockchain;
  • AR/VR;
  • Salesforce;
  • Artificial intelligence;
  • Internet of things; 

OpenXcell

OpenXcell
  • Suitable for: Industries like retail & FMCG, healthcare, education, logistics, travel, manufacturing, etc;
  • Founded in: 2009;
  • Headquarters: Las Vegas;
  • No. of Employees: 201-500;
  • Clients: Ajman Bank, Orderhive, Cin7, Alorica, Reliance, Kotak Mahindra Bank, and more.

OpenXcell creates affordable, practical, user-friendly, and creative technical solutions for businesses using its skilled and unmatched team. It enhances its clients’ market presence through its outsourcing and offshoring technology services. OpenXcell provides a wide range of services including custom software development, mobile app development, product engineering, UI/UX design, blockchain, and more.

Features:

  • Comprises over 500 technical experts and software engineers to provide services
  • Initiates custom software development by conducting thorough research, consultations, and gathering requirements
  • Provides three working models: dedicated team, time & material, and fixed cost
  • Delivers result-oriented custom software development services
  • Designs software to meet demands in a cost-effective manner
  • Offers end-to-end customer support and maintenance services

Unified Infotech

Unified Infotech
  • Founded in: 2010;
  • Headquarters: New York, Northeastern US;
  • No. of Employees: 101-250;
  • Clients: London Rag, Oota, Sofy, OpenReel, and more.

Unified Infotech is a software development company that delivers effective and creative digital solutions. They offer services such as custom software development, web development, consulting, UI/UX design, blockchain technology, eCommerce solutions, and mobile app development.

Their custom software development involves creating unique, impactful, secure, scalable, and meaningful products that elevate the brand. They prioritize data security by implementing measures like ingress traffic filtering, access control, SSL security, and more.

The company conducts thorough testing at every stage of development, including Unit testing, Manual testing, Regression testing, Security testing, and Google webmaster testing, to ensure the delivery of bug-free and approved applications.

Features:

  • Develops a cross-platform plan by conducting thorough research, competitive analysis, and feasibility studies;
  • Delivers a fast user interface using effective wireframing and prototyping techniques;
  • Utilizes both waterfall software development and Scrum software development methodologies;
  • Conducts manual and automated testing for every milestone;
  • Offers appropriate deployment tools and integrations;
  • Ensures security with application firewalls, protection against malicious bots, encryption of URL parameters, and other measures.

Dev.pro

Devpro
  • Suitable for: Startups and enterprises of industries like Real Estate, Aerospace, Hospitality, etc;
  • Founded in: 2011;
  • Headquarters: Charlotte, US;
  • No. of Employees: 501-1000;
  • Clients: Salessoft, Ria, Ambition, Popmenu, Xenial, Coinsquare, and so on.

Devpro is a software development company that prioritizes results and quality. They cater to projects of all sizes and complexities, offering a wide range of services such as cloud development, UI/UX design, blockchain development, and application security.

Devpro assists in designing and automating processes while also ensuring infrastructure security by implementing measures like threat prevention, data security, and compliance monitoring. Their solutions help businesses create competitive advantages and stand out in the market.

Features:

  • Offers continuous integration and continuous delivery of services;
  • Provides reporting solutions tailored for various industries, with features like role-based access and mobile dashboards;
  • Localizes processes and reporting for branches of multinational enterprises, ensuring uniformity in metrics, dashboards, and systems;
  • Reduces costs associated with training, management, HR, etc., while enhancing operational efficiency;
  • Integrates seamlessly with ERP, CRM, email servers, SCM, and HRM software;
  • Supports multiple languages and currencies, along with compliance functionalities.

Final Thoughts

The embarking on an enterprise software development project requires careful planning, strategic decision-making, and proactive risk management to ensure a successful outcome. By following the key considerations outlined in this guide, including selecting the right service model, establishing clear payment terms, building a strong team, implementing a robust legal framework, and addressing potential risks, you can set your project up for success from the start.

Collaborating closely with a reputable software development company that aligns with your organization’s goals and values is essential for navigating the complexities of enterprise software development. By leveraging their expertise, experience, and best practices, you can streamline the development process, mitigate risks, and ultimately deliver a high-quality software solution that meets your business needs.

Remember to prioritize data security, create the best working conditions for your team, and remain vigilant in monitoring and addressing potential risks throughout the software development lifecycle. By taking a proactive and comprehensive approach to risk management, you can increase the likelihood of project success and achieve your desired outcomes efficiently and effectively.

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How to Choose a Healthcare Software Development Company? https://hunnysoft.com/how-to-choose-healthcare-software-development-company/ Thu, 09 May 2024 13:52:15 +0000 https://hunnysoft.com/?p=134 Selecting the right healthcare software development company is a critical decision that can significantly influence the operational success and competitive edge of a healthcare organization. Given the intricate nature of healthcare regulations and the increasing reliance on technology for patient care and data management, it is essential to choose a …

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Selecting the right healthcare software development company is a critical decision that can significantly influence the operational success and competitive edge of a healthcare organization. Given the intricate nature of healthcare regulations and the increasing reliance on technology for patient care and data management, it is essential to choose a partner that not only understands the nuances of the healthcare industry but also excels in delivering robust software solutions tailored to specific healthcare needs. 

This guide is designed to assist decision-makers in carefully evaluating potential partners based on their technical expertise, compliance with healthcare regulations, ability to secure patient data, and their track record in delivering successful projects. By considering these critical factors, organizations can ensure that the chosen software development company aligns perfectly with their operational objectives and enhances their capabilities in providing high-quality patient care. This strategic approach helps mitigate risks, maximizes return on investment, and secures a technological foundation supporting current and future healthcare challenges.

Service Models Exploration

Healthcare software development companies offer varied service models to cater to different organizational needs:

  • Dedicated Teams: This model involves a team working exclusively on your project, providing deep, ongoing collaboration;
  • Hybrid Teams: Combining in-house staff with outsourced experts, this model facilitates balanced control over the project;
  • Team Augmentation: Augment your existing workforce with specialized skills temporarily, enhancing flexibility and expertise without long-term commitments.

Evaluating Payment Structures

Understanding the financial arrangements for software development is crucial:

  • Time and Materials (T&M): This model charges based on actual work done, suitable for projects with evolving scopes;
  • Fixed-Price Contracts: Best for projects with defined scopes, offering budget predictability;
  • Quoted Time and Material (QT&M): A hybrid model providing budget control while allowing for scope flexibility.

Team Dynamics and Composition

A robust team structure is crucial for any successful software development project, particularly in healthcare. Ideally, a balanced team includes senior developers with years of industry experience and junior developers who bring fresh perspectives and innovative ideas. This diversity fosters a dynamic development environment conducive to creative problem-solving and rapid adaptation to new challenges. 

Clearly defined roles within the team are essential to streamline processes and avoid overlaps, significantly improving collaboration and project efficiency. Teams should also have cross-functional members, such as UX/UI designers and quality assurance specialists, to ensure a comprehensive approach to the development lifecycle.

Legal and Compliance Oversight

In the healthcare sector, adhering to legal and compliance requirements is not just necessary; it’s integral to the viability of the software developed. A robust legal framework ensures that the software meets all healthcare regulations such as HIPAA in the U.S., or GDPR in Europe, which govern the privacy and security of health information. Early engagement with experienced legal counsel can help identify potential legal challenges and compliance risks, providing strategies to mitigate these before they become problematic. Legal expertise also aids in drafting clear contracts that define the scope, deliverables, and responsibilities, which are crucial for project transparency and accountability.

Managing Project Risks

Effective risk management is essential to the success of healthcare software projects. Establishing clear service level agreements (SLAs) is critical as they define the expected performance and service quality, providing a basis for accountability. Developing contingency plans is equally important; these should address potential technical issues, project delays, and budget overruns. 

A proactive approach to risk management also includes regular risk assessments throughout the project lifecycle, which help identify and address risks before they affect the project. Engaging stakeholders in risk management discussions ensures that all potential impacts are understood and managed collaboratively.

Ensuring Data Security

In the healthcare industry, where data breaches can have serious implications, ensuring the security of sensitive health information is paramount. Partnering with a software development company that adheres to stringent security protocols and is compliant with relevant healthcare regulations is crucial. 

These companies should implement advanced security measures such as encryption, secure data storage and transmission, and robust access controls. Regular security audits and compliance checks should be part of the routine to ensure continuous protection of patient data. Additionally, employee training on data privacy and security practices is vital to safeguarding information.

Optimizing the Development Team Environment

The work environment plays a pivotal role in the productivity and well-being of the development team. Companies that invest in an enriching work environment contribute to higher job satisfaction and retention rates. Comprehensive onboarding programs introduce new hires to company policies and project objectives, smoothing their transition into the team. Continuous training keeps the team updated on the latest technologies and best practices, enhancing their skills and the quality of the software they develop. 

Moreover, fostering a supportive culture that values collaboration, innovation, and open communication can lead to more successful project outcomes and a more enjoyable workplace.

Leading Healthcare Software Development Companies

When selecting a healthcare software development company, it is useful to have a reference list of top industry leaders known for their exemplary service and innovation. These companies set the standard for excellence with their cutting-edge solutions, compliance with global healthcare regulations, and robust security measures that protect sensitive patient data. By evaluating the top healthcare software development companies, you can gain insights into the capabilities that define high-performing service providers and better understand the benchmarks for quality and reliability in the industry. This knowledge can guide you in making an informed decision to partner with a company that not only meets but exceeds your healthcare organization’s specific needs, ensuring that your software solutions are efficient, secure, and capable of evolving with your business.

What Are The Key Cost Factors For Custom Healthcare Software, and How Can Facilities Control Spending?

Custom healthcare software development can vary widely in cost due to several critical factors:

  1. Scope and Complexity: The complexity and breadth of features required directly influence the development time and resources needed, thus impacting the cost;
  2. Regulatory Compliance: Ensuring that the software complies with healthcare regulations such as HIPAA in the U.S. or GDPR in Europe involves additional layers of security and privacy features, which can be costly;
  3. Integration with Existing Systems: Integrating new software with existing hospital systems can be complex and expensive, especially if those systems are outdated;
  4. Customization: Tailoring solutions to specific workflows or needs within a healthcare facility increases development efforts and costs.

Controlling Spending:

  • Define Clear Requirements: Having a clear understanding of what is needed helps in avoiding scope creep and over-engineering;
  • Prioritize Must-Have Features: Focus on essential features in the initial development phases to manage costs, and add additional features later as needed;
  • Choose the Right Development Partner: Work with a development company that has proven experience in healthcare software to reduce risks and associated costs;
  • Utilize Open Source Tools: Where possible, use open source tools and platforms to reduce licensing costs.

How Can Facilities Ensure Effective Staff Training and User Adoption?

Successful user adoption is critical for the new software to deliver its intended benefits. Facilities can enhance training and adoption through:

  1. User-Centric Training Programs: Develop training sessions that are tailored to the specific roles and needs of end-users. This can include hands-on sessions, simulations, and e-learning modules;
  2. Engagement and Involvement: Involve potential end-users early in the design and development process to tailor the software to their needs and encourage adoption;
  3. Feedback Loops: Establish mechanisms to gather feedback from users during and after training sessions to continuously improve the training process and the software itself.

Ensuring Effective Adoption:

  • Ongoing Support and Resources: Provide ongoing support, quick troubleshooting help, and refresher courses to ensure users feel supported throughout their adjustment period;
  • Champions of Change: Identify and empower key team members who can act as champions for the new system, providing peer support and encouraging others.

What Are Common Risks In Healthcare Software Projects and How Can They Be Mitigated?

Developing healthcare software comes with its set of risks, which can be mitigated with strategic planning:

  1. Scope Creep: Uncontrolled changes or continuous growth in a project’s scope can derail budgets and timelines;
  2. Data Security: Handling sensitive health information requires stringent security measures to prevent breaches;
  3. Non-Compliance with Regulations: Failing to adhere to healthcare regulations can result in legal and financial penalties;
  4. Technical and Integration Issues: Problems in integrating the new software with existing systems can cause disruptions in medical practices.

Mitigation Strategies:

  • Strong Project Management: Employ experienced project managers who enforce strict adherence to predefined scope and use project management tools to keep track of progress;
  • Security First Approach: Implement rigorous security protocols, conduct regular security audits, and ensure encryption of all sensitive data;
  • Regular Compliance Reviews: Stay updated on all relevant healthcare regulations and incorporate compliance checks at each stage of the software development lifecycle;
  • Thorough Testing and Quality Assurance: Conduct extensive testing, including integration testing, to identify and resolve issues before full-scale deployment.

Conclusion

Choosing a healthcare software development company involves careful consideration of service models, payment structures, team composition, legal compliance, risk management, data security, and team environment. By thoroughly evaluating these factors, you can select a partner that will not only meet but exceed your expectations, thereby ensuring your project’s success.

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Range of Family Office Services for High Net Worth Families https://hunnysoft.com/range-of-family-office-services-for-high-net-worth-families/ Tue, 05 Dec 2023 10:34:20 +0000 https://hunnysoft.com/?p=124 Every family needs help to simplify their lives. But the more assets it owns, the larger the scale of this assistance should be. The number of issues that families with high net worth deal far exceeds the level of concerns of families with modest income: That is why they need …

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Every family needs help to simplify their lives. But the more assets it owns, the larger the scale of this assistance should be. The number of issues that families with high net worth deal far exceeds the level of concerns of families with modest income:

  • Managing a large number of real estate;
  • Reading extensive analytics; 
  • Monitoring investment performance;
  • Submission of financial documentation to government agencies;
  • Timely payment of all taxes, etc.

That is why they need a variety of specialized services that would make their life easier. As the experience of managing the affairs of wealthy families shows, the most effective option is management from a single center. This role has been taken on by family offices, which coordinate many aspects of the lives of affluent families. 

What Is the Purpose of Family Offices?

Family offices are created to provide comprehensive assistance to wealthy families to the extent that clients need it. Sometimes, it is enough to give professional advice on some legal, financial, or other issues, and sometimes, family offices need to take full responsibility for some issues, for example, managing an estate. With the help of family offices, wealthy families free up time for personal activities, open up new perspectives, and gain a sense of security that all family matters are carefully managed.

Certuity Company is a well-known high-net-worth family office https://certuity.com/family-office/ in the USA, whose experience is based on managing the affairs of many affluent families. The Certuity team emphasizes the need for a holistic yet personalized approach to each family. Only in this way can a family office contribute to the development of family well-being and the implementation of the plans of all family members.

Types of Family Offices

When choosing a family office to entrust your finances and other affairs to, you will encounter different types of companies. Some are focused only on serving one family, while others have many clients. At first glance, it may seem that Single-Family Office (SFO) is better and more prestigious. But later, you will see that the Multi-Family Office (MFO) has many more opportunities, contacts, and experience, which makes it easier to cope with all your tasks. In addition, SFO is an operationally expensive option and will require significant expenses from your family. On the other hand, an MFO will perform all the same functions but for a significantly lower fee. Therefore, you need to determine in a family meeting what your priorities are and which partner you prefer to manage your affairs.

Comparison of Single-Family Office and Multi-Family Office

Indicator Single-Family OfficeMulti-Family Office
Number of families servedDedicated to serving a single familyServicing many families, up to 50-60
Composition of the teamFormed based on the needs of a specific familyA multidisciplinary team, which includes specialists in all key areas
Payment for servicesExpensiveMore affordable price, cost-effective 
Main advantagesHigher level of privacyCustomized servicesConfidentialityGreater negotiating powerMore experience due to the running of different clientsMore opportunities to diversify investment portfolios

In addition to these two main types, you may encounter others that are less common. In particular, Denise Kenyon-Rouvinez and Jung Park, who study trends in the development of family offices, add the following types:

  • IFO — institutional family office 
  • PFO — professional family office 
  • CFO — commercial family office 
  • EFO — embedded family office 
  • VFO — virtual family office 

What Services Does a Family Office Provide?

The range of services that Multi-Family Office offers its clients depends on their requests. The standard list of services includes wealth management, financial planning, investment strategy development, consolidated reporting, estate planning, etc. But this list can be expanded to include other services that the family needs. For example, Certuity Company offers its clients philanthropy coordination, preparing the next generation to manage family affairs, and much more. 

Management and Coordination of Financial Affairs

This group of tasks includes many issues related to financial planning, allocating investments, monitoring their execution, etc. A family office provides access to multiple investment opportunities, monitors promising projects, studies their reliability, etc.

Reporting and Tax Payment

Preparation of financial reports is a very painstaking and responsible job. The slightest mistakes can lead to severe punishment. Therefore, the help of professionals on these issues is extremely important.

Estate Planning

Correct transfer of inheritance is vital not only for preserving all family assets, peace, and harmony in the family. Since significant assets are being transferred, it is necessary to develop the optimal plan on how to do it in terms of paid commissions. This way, you can increase the share of the fortune that goes to the heirs and reduce the share of related payments.

Family Wealth Education

For younger generations to become reliable successors to the family business, they must undergo comprehensive training. The family office will teach them about strategic planning, sound investment management, fair distribution of assets in the family, and many other issues that they will deal with in the future.

Philanthropy Coordination

Many wealthy families are engaged in charitable activities. However, to spend finances effectively, it is necessary to control funds allocated for philanthropic projects. Otherwise, they may go into the pockets of scammers who will only imitate the activity. The family office assists with the planning, organization, and execution of charitable projects so that the family’s philanthropic goals are achieved.

You can approach a family office with a different range of tasks. The team that will serve your family will be formed based on your goals and needs. Even if you are not going to completely transfer the management of investments to an MFO but simply need advice, specialists of the company will be happy to help you. When you know that you can rely on a team of professionals, you will feel more confident and gain peace of mind. Your property, investment projects, and numerous assets will be under the reliable management of an experienced team trusted by many other wealthy families.

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Best AI Software Development Provider in 2023-34 https://hunnysoft.com/best-ai-software-development-provider-in-2023-34/ Wed, 04 Oct 2023 11:40:28 +0000 https://hunnysoft.com/?p=110 AI hype in recent years has led to the fact that to increase sales in the software market, AI designation seems to be a prerequisite. AI-based technologies have become a sign of quality and unlimited possibilities. And this is true — the potential of Artificial Intelligence brightly manifests itself the …

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AI hype in recent years has led to the fact that to increase sales in the software market, AI designation seems to be a prerequisite. AI-based technologies have become a sign of quality and unlimited possibilities. And this is true — the potential of Artificial Intelligence brightly manifests itself the more intensively various groups of developers work on it. The difference between conventional software and AI-based programs is so impressive that when thinking about modernizing their activities, companies are increasingly choosing to use AI. But to get a truly breathtaking product, it is important to collaborate with a developer who has perfectly mastered working with this technology. CHI Software has solid experience in developing AI software, as evidenced by its impressive portfolio of completed projects. Learn about innovative and highly productive AI solutions from CHI Software that will help you come up with an original idea for your business.

How Does AI Software Differ from Conventional One?

The evolution of AI technologies since 1956 has reached a stage where society and various industries can greatly benefit from their use. If before the beginning of the 2010s, AI needed further help and support from developers, now it never ceases to amaze with its capabilities. It’s like when a small child suddenly starts talking, and the parents are surprised at how much the kid learned during this time. What is the difference between AI-based software and traditional software that makes it a separate branch of computer science?

Comparative Table of AI and Traditional Software

IndicatorTraditional SoftwareAI Software
Main taskPerform a certain assignmentLearn to perform certain assignments
Primary artifactCodeData
Requirements for storage capacitiesModerateHigh
Cloud capabilitiesNot requiredRequired
Exposure to changesCannot change without human interventionKeeps changing after release thanks to the feedback loop

The Director of the Institute for Internet Governance in Oxford, Nick Bostrom, very wittily noted the difference between traditional software and AI. In his book on Superintelligence, he wrote that everything that amazes and impresses us, we tend to call AI. When we get used to certain possibilities, we call it software, no longer experiencing the same delight.

To summarize, the main factor that made the breakthrough possible was the improvement of AI’s ability to learn from experience. It is this quality that opens up endless possibilities for its further development since it can endlessly adjust to new inputs. Varying the data that AI operates changes its conclusions and decisions, which means humanity has received a universal tool that can be adapted to perform different tasks.

What Is Needed to Develop AI Software

To create AI software with unique characteristics that can significantly expand the capabilities of your business, you need a special team of developers. Because to develop AI software many technologies and powerful capabilities are needed:

  • Cloud Computing
  • Advanced Algorithms
  • Natural Language Processing (NLP)
  • The Internet of Things (IoT)
  • Big Data & Analytics
  • Application Programming Interfaces (APIs)
  • Graphical Processing Units
  • Computer Vision

Capitalize on AI Advancements with CHI Software 

All these technologies and much more is the area of expertise of the CHI Software development team. Formed back in 2006, when successes in the development of AI were not yet so obvious, the company acquired a huge baggage over the 17 years of its active involvement in various projects:

  • Extensive experience in developing AI-based applications for various industries;
  • A friendly team of talents from different countries, which currently numbers more than 800 professionals;
  • Many awards and certificates, including ISO Certification;
  • Reliable partners ready to participate in joint projects;
  • An ever-growing network of grateful clients;
  • Many original ideas that are waiting for the right moment to be implemented;
  • Offices in various countries around the world, including Ukraine, the USA, Poland, Spain, Japan, and the Republic of Cyprus.

If you want to build AI software for your company with real experts in this field, pay attention to the unique projects of CHI Software, which have provided invaluable assistance for various industries.

4 Key Steps to Build AI Application

If you want to replicate human thinking with AI, you will need a great team of developers, a lot of data related to your company’s activities, powerful computing resources that are provided by the AI software development provider, and much more that the developer will take care of. The entire process of creating AI software will consist of 4 key stages, differing in the main task that will need to be solved during its implementation.

  1. Preliminary Stage: determining the purpose of creating AI software and the tools that will be used, researching existing projects, etc. At this stage, the composition of the team and the tasks of each of its members are planned as well.
  2. Field Stage. This is the main stage during which model learning is carried out based on correctly prepared data. To build AI application that will meet your business objectives, engineers need to select the necessary raw data, upload it, correctly annotate it, etc. After this, they begin to train ML models using various effective techniques.
  3. Evaluation Stage. Before deploying the model, developers need to understand whether it is possible to stop training it at this stage or whether to launch another cycle. To do this, a Minimum Viable Product (MVP) is created, which is assessed by the customer in terms of meeting their expectations. After this, further product improvements are made, and the final version of the software is prepared.
  4. Final Stage. Launching AI software does not mean that it will remain unchanged for the entire duration of its operation. Since the developer takes responsibility for further support of the AI software, its performance can subsequently be optimized, as well as functionality expanded as necessary.

Following these stages, CHI Software has helped many companies improve their business and become leaders in their industries. Take advantage of the edge that AI software provides businesses, and you will open up even more amazing horizons.

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NNTP and software development: building a tool for working with news servers https://hunnysoft.com/nntp-and-software-development/ Tue, 04 Jul 2023 14:54:00 +0000 https://hunnysoft.com/?p=78 NNTP (Network News Transfer Protocol) is a network news transfer protocol that is used to exchange information on news servers. It allows users to receive and send messages and manage news lists.

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NNTP (Network News Transfer Protocol) is a network news transfer protocol that is used to exchange information on news servers. It allows users to receive and send messages and manage news lists.

Software development involves the process of creating software that solves a particular problem. In the case of working with news servers, a special tool may be required to work with these servers conveniently and efficiently.

Creating a tool to work with news servers starts with defining the requirements and functionality. For example, the tool may provide the following basic functions:

Server connectivity: the tool should provide the ability to connect to the selected news server. This can be done using network APIs or libraries that support the NNTP protocol.

Viewing newsgroups: the user must be able to view the available newsgroups on the server. This can be implemented by querying the server and retrieving a list of groups.

View messages in newsgroups: the tool should allow the user to view messages in selected newsgroups. This can be accomplished by using NNTP protocol commands to request and receive messages.

Sending messages: the tool should provide the ability to send new messages to selected newsgroups. The user can enter the message text and select the group to post to.

Manage subscriptions: the tool may provide functions to manage the subscription list for newsgroups. For example, the user can subscribe to groups they are interested in or unsubscribe from groups they are no longer interested in.

Once the requirements have been defined, the development of the tool can begin. Various programming languages and development tools such as Python, Java, C++ or others can be used for this purpose.

The main task of the software developer is to efficiently implement the selected functions using the NNTP protocol. This may require knowledge about the NNTP protocol and its commands, as well as justifying requests and handling responses from the server.

An important aspect of developing such a tool is security. For example, user data must be protected from unauthorized access, and the connection to the server must be protected by an encryption protocol to prevent interception of messages.

Once the tool is finalized, testing should be done to ensure that the tool works and meets the requirements.

In summary, building a news server tool involves defining requirements, developing functionality, selecting a programming language and tools, implementing features, providing security, and testing. Creating such a tool can simplify and improve the user experience with news servers.

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Programming using SMTP, POP3, IMAP4 and NNTP protocols https://hunnysoft.com/programming-using-smtp-pop3-imap4-and-nntp-protocols/ Wed, 21 Jun 2023 14:39:00 +0000 https://hunnysoft.com/?p=71 In today's world, email and messaging play an important role in our daily lives. Many companies and individual users need an efficient and reliable way to process and send e-mail messages.

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In today’s world, email and messaging play an important role in our daily lives. Many companies and individual users need an efficient and reliable way to process and send e-mail messages. For this purpose, there are various protocols such as SMTP, POP3, IMAP4 and NNTP.

SMTP (Simple Mail Transfer Protocol) is the standard protocol for sending e-mail. It is used to transfer messages from the sender to the recipient’s mail server. SMTP provides a delivery guarantee and also supports simple sender authentication.

POP3 (Post Office Protocol version 3) is a protocol that allows the recipient to retrieve messages from a server and store them on their device. POP3 is often used when you want to download messages from a server and store them locally, rather than leaving everything on the server.

IMAP4 (Internet Message Access Protocol version 4) is a protocol that allows the recipient to retrieve messages from the server, and manage them directly on the server. It allows you to synchronize your mailbox across multiple devices and stores all messages on the server.

NNTP (Network News Transfer Protocol) is a protocol that is used to read and publish messages to newsgroups. NNTP provides a decentralized way to access news servers and maintains synchronization with all connected servers.

Choosing the most appropriate protocol for programming depends on your specific situation and project requirements.

If your application provides the ability to send emails, SMTP is the best choice. It provides delivery assurance and simple sender authentication.

If your application requires downloading messages from a server and storing them locally, POP3 may be a better option. In this case, users will be able to access messages even without an internet connection.

IMAP4 is suitable when you need to synchronize your mailbox across multiple devices. It also provides the ability to manage messages directly on the server.

NNTP is useful if your application needs access to newsgroups and requires a decentralized way to read and publish messages.

Ultimately, the choice of protocol depends on the specific project and its requirements. It’s important to consider functionality, the types of operations required to accomplish tasks, and user needs. This will help determine the most appropriate approach for your programming needs.

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Creating a program for sending e-mails using SMTP protocol https://hunnysoft.com/creating-a-program-for-sending-e-mails-using-smtp-protocol/ Thu, 25 May 2023 14:26:00 +0000 https://hunnysoft.com/?p=68 Sending emails is one of the most common tasks in today's communications world. SMTP (Simple Mail Transfer Protocol) is the standard protocol for sending e-mails over the Internet.

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Sending emails is one of the most common tasks in today’s communications world. SMTP (Simple Mail Transfer Protocol) is the standard protocol for sending e-mails over the Internet. In this article, we will go through the steps required to create a program capable of sending emails using the SMTP protocol.

Before we start developing the program, we need to prepare the environment. To do this, we will need a programming language (such as Python), access to the Internet, and a library to work with the SMTP protocol.

To work with the SMTP protocol, we can use the standard Python smtplib library. If you are using another programming language, make sure you have the appropriate library to handle SMTP.

Before we can start sending emails, we need to connect to an SMTP server. Usually email providers provide information about the SMTP server and the port to connect to.

In order to send emails through the SMTP server, we need to authenticate. This is done using credentials (usually an email address and password). It is important to pay attention to security when storing and transmitting credentials.

Creating and sending the email
Now we are ready to create and send an email. To do this we will need the recipient’s address, subject line, text and possibly attachments.

Once all emails have been sent, it is important to close the connection to the SMTP server.

Creating a program to send emails using the SMTP protocol may seem like a daunting task, but libraries and code samples make it much easier. It is important to keep authentication and security in mind when working with credentials. We hope that this tutorial will help you successfully implement email sending functionality in your future projects.

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Developing a messaging system via IMAP4: solutions and tips https://hunnysoft.com/developing-a-messaging-system-via-imap4/ Sun, 14 May 2023 14:46:00 +0000 https://hunnysoft.com/?p=74 In today's world, messaging is an integral part of our lives. Thanks to the advancement of technology, we can exchange messages instantly and efficiently.

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In today’s world, messaging is an integral part of our lives. Thanks to the advancement of technology, we can exchange messages instantly and efficiently. One of the most common protocols for messaging is IMAP4.

IMAP4 (Internet Message Access Protocol, version 4) is a protocol for receiving and managing e-mail messages on a remote server. It allows a client to access messages stored on the server and perform various operations on them, such as reading, writing, moving, and deleting.

There are several important aspects to consider when developing a messaging system via IMAP4:

Choice of programming language: IMAP4 can be implemented in various programming languages such as Java, Python, C++ and others. The choice of language depends on the project requirements and developer preferences.

Security: IMAP4 supports various authentication and encryption methods such as SSL/TLS. When developing a messaging system via IMAP4, it is important to ensure the security of data transmission by using appropriate protocols and encryption methods.

Connection management: IMAP4 supports the option of establishing a permanent connection to the server or using a temporary connection for each transaction. Depending on the project requirements and server performance, the appropriate connection management method should be selected.

Caching: IMAP4 offers the ability to cache messages on the client side. This improves performance when dealing with large amounts of data. When designing an IMAP4 messaging system, you should consider the caching capability and optimize this process.

Folder and message management: IMAP4 allows the client to create, rename and delete folders and perform various operations on messages. It is important to provide the ability to manage folders and messages in IMAP4 messaging so that users can organize their mail efficiently.

Error handling: IMAP4 returns error codes when operations are performed. When designing an IMAP4 messaging system, it is important to provide error handling to ensure stable and reliable operation of the application.

Testing: Testing the IMAP4 messaging system is an important part of development. Testing should be done on different server and client configurations to ensure that the system is stable and error free.

In conclusion, IMAP4 messaging system development is a complex and multifaceted process. Choosing the right programming language, security, connection management, caching, folder and message management, error handling and testing are all aspects to consider when developing an IMAP4 messaging system.

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The best SMTP service software https://hunnysoft.com/the-best-smtp-service-software/ Thu, 15 Dec 2022 14:01:00 +0000 https://hunnysoft.com/?p=59 SMTP (Simple Mail Transfer Protocol) is a standard protocol used to transfer electronic messages from one computer to another over the Internet.

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SMTP (Simple Mail Transfer Protocol) is a standard protocol used to transfer electronic messages from one computer to another over the Internet. SMTP services are used to send large volumes of email, including marketing campaigns, transactional messages, and newsletters.

SMTP services provide businesses with a number of benefits. First of all, they offer a reliable and scalable solution for sending large volumes of email. SMTP services are designed to handle large volumes of traffic and ensure that emails are delivered to recipients quickly and reliably.

Here are some of the key benefits of using SMTP services:

  • Improved email delivery. SMTP services are designed to optimize email delivery speeds, which means more of your emails will reach recipients.
  • Cost-effective: SMTP services can be more cost-effective than using an internal email server because you only pay for the number of emails you send and don’t have to worry about maintenance or hardware costs.
  • Advanced Tracking and Reporting: Many SMTP services offer advanced tracking and reporting features, allowing you to see who opened your emails, which links were clicked, and other important metrics.
  • Enhanced security: SMTP services often have advanced security features such as encryption and two-factor authentication to protect your emails from cyber threats.
  • Automation capabilities: Many SMTP services offer automation capabilities, allowing you to set up automated email campaigns or trigger emails based on specific events or actions. Integration with other tools: SMTP services often integrate with other marketing tools, such as CRM software and marketing automation platforms, making it easier to manage your email campaigns and track their performance.
  • In addition, SMTP services offer a number of features that can help businesses optimize their email campaigns. For example, many SMTP services offer tracking and analytics tools that allow businesses to monitor the success of their campaigns and make data-driven decisions about how to improve them.

SMTP services can also help companies ensure that their emails are delivered to the inbox, rather than being marked as spam or sent to the junk folder. By following best practices and using advanced delivery tools, SMTP services can help businesses improve their email deliverability rates and maximize the impact of their campaigns.

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How to create an application for bulk SMS? https://hunnysoft.com/how-to-create-an-application-for-bulk-sms/ Sat, 22 Oct 2022 13:33:00 +0000 https://hunnysoft.com/?p=52 You can develop a bulk SMS app that is optimized for use on mobile devices, desktop computers, or the web, just like any other software. The easiest and most cost-effective strategy to test and prove the concept

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Determine the type of application
You can develop a bulk SMS app that is optimized for use on mobile devices, desktop computers, or the web, just like any other software. The easiest and most cost-effective strategy to test and prove the concept, design a user-friendly interface, gather user feedback, and move forward with the development of mobile and desktop versions is to build a web-based bulk SMS application.

Create a draft of the user interface/design
The good news is that you don’t need a very unique or customized design to create an SMS messaging app. Instead, it’s better to focus on the technological advantages it has and the data security; but you still need to develop the design and user interface. Focus on clarity and intuitiveness.

Use an off-the-shelf API
How can you build an extensive SMS application cheaper? In this situation, using an API can be a successful strategy. An application programming interface, or API, is a ready-made piece of code that can be used to build an app, reducing development costs and time.

Basic functions of building
It is enough to develop a feature that allows users to create an SMS and send it to many different people to build the structure of a bulk SMS service. As a core capability, you should test it thoroughly in the next step.

Keep improving your program
After making sure that your bulk SMS software is working properly, keep improving it by following the advice of your users or staff.

How to make money with a bulk SMS service app

There are three ways to make money with bulk SMS services.
Subscription: The easiest and most effective way to make money with a bulk SMS app is through a software-as-a-service model. Create a variety of membership plans based on the features your app offers or the number of SMS users can send with it.

Sharing APIs: If you’ve fully customized your bulk SMS software, you can also create an API and sell it to business owners who want to build SMS sending apps. Besides, this strategy goes hand in hand with the one mentioned earlier.

For internal use: Finally, you can run your SMS marketing campaigns internally using your software instead of paying for a subscription to a third-party program. In addition, a custom program gives you the ability to add any advanced features your company needs at any time and customize it as closely as possible to your unique use case.

The popularity and usefulness of SMS marketing will not diminish. Give your customers the opportunity to take advantage of the bulk SMS program you’ve created, as many companies are finding this option to be beneficial and cost-effective all at once. To assist you in creating the best SMS service, our technical staff will gladly provide the best development methods.

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