Real-World Achievements: Transforming Challenges into Results
Enhancing Reliability in Iran’s Banking Network
Pulseware reduced Iran's electronic banking error rates from 7% to 0.5% over 16 years through data analysis, software design, and quality monitoring, setting new reliability standards for hybrid banking systems.
Enhancing Iran's Electronic Banking
Pulseware reduced Iran's electronic banking error rates from 50% to 0.5% over 16 years through data analysis, software design, and quality monitoring, setting new reliability standards for hybrid banking systems.
Improving Tehran’s Traffic Management
Pulseware worked with Tehran Municipality to reduce traffic registration errors from 25% to 8%, preventing a $5M annual revenue loss and funding 35 new buses for public transportation.
Enhancing Payment System Reliability
Pulseware improved Iran's payment system, reducing downtime from 6,000 to 300 minutes in five years. Through adjustments and reporting, it enhanced quality metrics, reducing operational losses by 15 times.
Research Innovations: Advancing Industry Knowledge
COVID-19 Response
During COVID-19, AI modeling highlighted the urgency of timely vaccinations. Research shared with Iranian authorities in 2021 warned delayed efforts could push deaths past 160,000, showcasing Pulseware's commitment to saving lives and public welfare.
Renewable Energy Solutions
Iran's renewable energy faced challenges due to inefficient fossil subsidies. Analysis revealed potential for 44,000 MW of renewable power by 2034, emphasizing significant environmental and economic benefits.
Mining and Cryptocurrency
Cryptocurrency mining in Iran consumes energy equal to 100 oil barrels per Bitcoin. Subsidies have caused grid damage, pollution, and shortages. Export tariff reforms and emission cuts are essential for climate goals.
Timeout adjustment
Digital transformation emphasizes cyber-safety in interconnected systems. Pulseware, with the University of Tehran, simulated Iran's banking network, optimizing timeout values to enhance capacity, stability, and efficiency, reducing errors and improving transaction reliability.
Modeling of Cash and Electronic Networks
Coins and banknotes have enabled financial exchanges, but Iran's over-reliance on electronic payments caused imbalances. Pulseware and the University of Tehran's simulator revealed $2 billion annual losses due to poor cash distribution and inefficiencies.
Payment Systems Evaluation
Payment systems are crucial for economic growth. Iran’s unique development path caused challenges. Pulseware’s 2018 study compared Iran’s systems with other nations, identifying 12 issues, including cash decline and flawed credit models, which imposed significant economic losses.