Oil and Gas Data Management Market Greases the Skids

Data management allows oil and gas companies to extract useful insights from the raw data collected from refineries, production, sales and other departments in order to improve their performance and production efficiency. Technological advancements have led companies to adopt a variety of technologies, such as IoT and AI, by providing useful insights into data management software.

Disaster Recovery as a Service Market to Witness Soaring Growth

Disaster Recovery as a Service (DRaaS) is the duplication of physical or virtual servers by a third-party to provide failover in the event of a man-made or natural data failure. Data has become one of the primary concerns for organizations. In the present scenario, the world is running on the basis of data, across all sectors. DRaaS is primary implemented to protect resources and data from disruption in the event of disaster. DRaaS helps in business continuity for organizations as it provide a total system backup caused by system failure. DRaaS is often offered in conjunction with a disaster recovery plan.

Point Of Sale (PoS) Terminal Market to Witness Rapid Development

A point of sale terminal is an electronic device which can be used to process card payments, it reads the information of a customer’s debit or credit card and checks whether the funds in a customer’s bank account are sufficient, based on that it transfers the funds to seller’s account from the customer’s account. Point of sale (PoS) terminals consist of software and hardware which enables retailers to receive card payments without updating a cash registers. The expenses of mounting POS terminals differ with the size of the organization and the terms from the supplier. The merchants possibly have to pay rent for the terminal along with a transaction fees.