The IT labor market is growing at a steady rate and is projected to reach a 15% growth by 2031. Along with it, the demand for IT staff augmentation is on the rise. A growing number of businesses are considering bringing on remote employees to accelerate the software development process and address specific needs and
Entrepreneurs are often surprised at the diversity of software engineering, particularly in the types and roles of these tech experts. You'll come across front-end and back-end developers, data scientists, full-stack engineers, DevOps engineers, security specialists, and more. So, who do you need to build your software product? This guide explains what your ideal software development
Handling the payments of all your valued customers can be quite a stressful task considering all the confidential information involved in the payment process. Fortunately, there are reliable providers that can take the pressure of payment security and PCI compliance off your hands. You've likely heard of PCI compliance if you run a business
A report by tech giant IBM has concluded that 45% of organizations experience difficulties finding the right talent for their requirements. As a result, many businesses no longer solely rely on their internal IT teams to complete their software development projects. The resource augmentation market worldwide is experiencing steady growth that is only expected to
My name is Gevorg Zoroghlyan, and I am a Software Engineer with six years of experience in the industry. I specialize in web development, and have been working at Sphere Partners for the past year. Throughout my career, I have gained a strong understanding of the software development life cycle, and have had
A deep dive into the world of ChatGPT and Bard, the powerful generative AI models that are revolutionizing engineering and business applications. By: Dima Kuchin, Head of Data and AI Practice, Sphere Partners Venturing into the AI Frontier: Bard vs. ChatGPT Artificial intelligence has evolved significantly, with generative AI models like Open AI’s ChatGPT quickly
Here's a sobering statistic about our current economic climate: 48% of U.S. investors expect a recession in 2023, and 21% expect it in 2024. That's nearly 70% of investors expecting the worst. But for a tech startup, this is good news. Economic downturns are the perfect opportunities to design solid products and begin MVP fundraising.
March 2023 started with bank collapses that came seemingly out of nowhere and affected businesses and individuals not only in the United States but worldwide. In an already strained economy, many fear that it will lead to a financial crisis akin to that experienced in 2008. Let’s learn more about the 2023 US bank collapses,
Names, OKRs, and dates are changed to protect client confidentiality. This case study assumes a basic understanding of Objectives and Key Results (OKRs). If you’d like a shallow dive into the deep topic of OKRs, we’ve summarized Measure What Matters by John Doerr into a short set of crib notes here. London-based ACME-Payments (ACME), a
In today's uncertain economic climate, businesses are facing difficult choices when it comes to managing their workforce. With the ongoing global recession, companies are looking for ways to cut costs and increase efficiency, while still maintaining the level of service and quality their customers expect. One way to do this is by turning to staff