IT Solutions
for Your Industry
Agriculture
The global connected agriculture market size was USD 1.84 billion in 2018 and is projected to reach USD 7.22 billion by 2026, exhibiting a CAGR of 19.1% during the forecast period. Connected agriculture can be defined as the implementation of advanced technologies to improve, manage, and control farming activities, which results in increased production and quality of agricultural products. Connected agriculture delivers real time data about soil conditions, moisture levels, and weather conditions so that farmers can optimize their crops. These technologies give rise a multi-million dollar Industry sector which is characterized by diverse IoT-based applications such as precision farming, smart irrigation, and greenhouse farming.
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Kaizen is currently prototyping an Advanced IOT Integration Platform that will deliver the capabilities described above.
Banking & Financial Services
The increasing shift of consumers toward digital banking services to perform many of their day-to-day financial tasks is likely to drive the industry growth. Consequently, banks are investing in the digitalization of their financial offerings to create a distinction from financial start-ups and other technology players. The market sector (Banking & FinTech) is valued at $8 Trillion (projected to grow to $12 Trillion in 2026). The digital banking market is witnessing hefty investments to accelerate the pace of digital innovations. The fintech industry has been gaining significant momentum over the last five years - an estimated fintech investment of USD 135.7 billion was made across 2,693 deals globally in 2019.
A few key drivers that apply to all of this sector’s verticals within technology include:
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Innovation & Upgrade Cycles
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(Dis)inflation and Pricing Power
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Geopolitics & “National Security”
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Broader Economic Conditions and Personal/Business Spending
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Tax, Trade, IP, and Fiscal Policy
and Kaizen’s technologists have distinguished themselves in developing software
applications for most of these verticals.
Kaizen’s experience in assisting our customers in the realization of their strategic business visions from ideation to implementation applies readily to this market vertical. Kaizen's deep experience in domain driven object-oriented analysis, enterprise integration and microservices architectures are the critical ingredients that makes it a strong participant is this area.
Education
The education market was valued at around USD 1,350 billion in the year 2017 and it is expected to reach approximately USD 2,040 billion by 2026. The U.S. education market is expected to exhibit a CAGR of more than 4.5% between 2018 and 2026. The major factor driving the growth of U.S. education market is the rising demand for online education in the country. The online education is a very efficient way of learning and understanding for all categories of learners, as it is a flexible and convenient learning technique. According to Online Learning Consortium, in 2008, at least one online course was opted by 4.6 million students, with around 17% increase over the number reported in the year 2007. Increasing adoption of online education over the traditional method is due to the rise in the awareness among the younger generation. Moreover, growing popularity of digital textbooks in the country also drives the growth of U.S. education market in the forecast years.
Key companies in the market focus on expanding their customer base and gain a competitive edge through various strategic initiatives, including partnerships, mergers & acquisitions, collaborations, and new product/technology development. And, Kaizen’s technologists have been centrally involved in technology large-scale migrations for firms in this sector.
Energy & Utilities
Today, the biggest use of digital technologies like sensors, data collection and analytics in the energy sector is to improve the bottom line of fossil fuel generators. Revenue for digital services for fossil fuel operation and maintenance, or O&M, are estimated to be $24 billion in 2017 – some 44% of the total market size for digitalization measured by Bloomberg New Energy Finance.
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However, as natural gas and coal plants come offline, and those that remain become digitalized, the opportunities for new revenues from the fossil fuel sector will shrink. By 2025, digital technologies will be more intelligent and more capable, helping home owners that own rooftop solar, batteries or EVs (often termed ‘prosumers’), to become more autonomous and derive greater value from these assets. This could be through trading energy with neighbors or better management of peak power prices. The motivation for industry digitalization will be different for each player. Generators and ‘prosumers’ are motivated by cost reduction, additional revenue streams and new services. Utilities face pressure from customers, government policy and regulation to improve their businesses. They can use digitization to streamline operations and enhance customer services. Kaizen has been fortunate to be involved in various digitization projects within this sector.
Defense & Intelligence
The US Department of Defense (DoD) administers a variety of programs to provide security for the homeland and security assistance to selected foreign countries. The department’s budget is estimated at approximately $753 Billion and a sizable portion of that budget pays for the following primary activities in the DoD’s Contractor Value Chain:
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Technology Product Development Manufacture
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Systems Development
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Systems Integration, and
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Integrated Logistics Support
which the supports the accomplishment of the DoD’s goals and objectives.
Kaizen’s experience in this sector spans 15+ years performing strategic business analysis, enterprise architecture development and custom software development on several critical mission systems including improving War Fighter survivability.
Intellectual Properties Protection
The USPTO’s Fiscal Year(FY) 2022 President’s Budget Submission seeks $3.994 billion in spending authority to fund the agency’s FY 2022 budgetary requirements ($3.550 billion for patents and $444 million for trademarks), which include 13,723 positions and provide for a transfer of $2 million to DOC’s Office of Inspector General (OIG). User fee collections of $4,058 million, comprised of $3,608 million in patent fees and $450 million in trademark fees, and $52 million in other income, will offset total spending. In the past, approximately 25% of this Agency’s budget was committed to upgrading IT systems and system development.
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Kaizen’s experience in this sector spans 14+ years performing strategic business analysis, legacy modernization & migration, and custom software development using new modern Java technology stack in support of enhancing the tools portfolio for patent and trademark examination.