With advances in technology, business tactics have changed. Customers need quicker and better results. Therefore, all business companies try to update their strategies and include advanced trends in their work. And with each passing year, the competition gets tougher and tougher, and so it’s only fair that these strategies get better. Here we will discuss some business tactics that are trending in 2018.
Robots or virtual engineers have taken over a lot of work that used to be done by man force and will continue to do so even this year. Many companies believe that using artificial intelligence not only proves to be time efficient, but it also provides a great deal of accuracy. We have already seen robotic bots used in multiple areas like:
However, with passing years the artificial intelligence could be used for more significant purposes that can eventually help society and the environment.
While there are advances, there are always going to be people who will exploit them. With the recent outburst of security breach and rise of hackers everywhere, cybersecurity has become one of the primary concerns.
This technology helps to incorporate virtual world into your real word. It involves multiple senses including visual, auditory, haptic and even olfactory. This doesn’t sound awesome, it is awesome, and we see it in so many places without actually realizing that it is augmented reality. Say e.g.
And we are sure that this technology will go beyond this and will be integrated into so many fields. It has also been used in surgical procedures, which is a highlight! Not only this, we have seen Apple Company introducing this with their talking emoticons and Android has also promised that they will be contributing to augmented reality with ARCore project. With the advent of latest technology and high-grade smart devices, a lot of people are now setting up a website with the inclusion of augmented reality. This feature also enhances the UX and let website owners stand to be one step ahead of its competitor.
The idea of Chatbot has been around for a while now, but often customers are not satisfied because they don’t end up solving their queries. Nonetheless, Nonetheless, we will see a rise of effective Chatbot in this year. They are efficient due to some reasons including:
Overall, Chatbot provides an opportunity to connect with your audience on a deeper level, ultimately leading to satisfied customers.
Data is considered precious in today’s world. All the work that has been done on data collecting and analyzing in past decades is now going to come in handy when it is time to use it. With artificial intelligence, it is easier to compile and arrange all the required data and use it for the betterment of the company and the people.
We talked about finger sensors before, but facial recognition technology is also going big and strong. Not only this, it provides
We have already seen these features introduced in the new iPhone X with its Face ID technology. However, this technology can and is used in other areas like unlocking your car with your eyes or nose. With more advancement, the application of this technology can be limitless.
Another improvement in the digital world is to replace paper coupons with digital ones, and they are a lot easier to use. Several promo code sites offer codes or redeem card to provide discounts and bumper offers on many of the products. Providing discounts or introducing sales that can be availed online while sitting in the home is a great attraction. To activate them, all you have to do is download an app on your phone and register your shopper's card, and you are good to go!
As mentioned before about the abundance of data, it is only logical to require a technology that can store it and is also accessible whenever required. The easiest and the most effective answer in such a scenario is to use Cloud. Due to some restriction, not all the information can be saved in Cloud, but it is still a great way to store all the data we have safely. Therefore, making it a default choice is a valid option.
It is one of the newer concepts, but the results look promising. The aim is to achieve higher wireless speeds and low latency, two of the obvious reasons to attract customers.
The speed is so quick that a file that can be downloaded in 24 hours on a 3G device can be downloaded in seconds with 5G.
These were just 9 of the finest advances seen in 2018 regarding business, and we can say with absolute certainty that with a rise in competition there will be far more advancements in technology. We will keep you updated with any other cool and effective tech that gets introduced with time. Stay tuned!
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