Leveraging The Latest Digital Innovations

Technology seems to be evolving faster than we can keep up with. We’ve got chatbots, AI, metaverses–there’s a lot to take in. Luckily, we’ve got you covered! We’ve looked at the latest iterations of digital tools that you should be using to bolster and optimize your business efforts:

Artificial Intelligence (AI)

Artificial intelligence has been a buzzword for a while now, and for good reason, we might as well name ChatGPT Time’s Person of The Year. In 2022, 35% of all businesses worldwide reported using Artificial Intelligence (source, IBM), so there’s global recognition of its potential. AI-powered tools and systems assist businesses with process automation, decision-making improvements, and enhancing customer experiences. AI algorithms can analyze large volumes of data and provide valuable insights, helping businesses make informed decisions in processes like selection of candidates for a role.

Popular AIs include: IBM Cloud, OpenAi (known as ChatGPT), Jasper

Blockchain

Blockchain technology has gained immense popularity in recent years due to its ability to create secure, decentralized, and tamper-proof digital records. Businesses can leverage blockchain technology to create more transparent and secure supply chain networks, streamline payment processes, and reduce fraud. Additionally, blockchain-based smart contracts can automate processes and eliminate the need for intermediaries, reducing costs and improving efficiency.

Popular blockchains include: Ethereum, IBM Blockchain, Tezos

Cloud Computing

This technology has become an essential component of modern businesses, providing on-demand access to computing resources, storage, and applications. Cloud-based solutions help businesses scale quickly, reduce infrastructure costs, and improve collaboration. Cloud computing also offers a high degree of flexibility, enabling businesses to adjust their computing resources to meet their changing needs.

Popular Cloud products include: AWS Cloud, Google Cloud, Azure, Red Hat

Virtual and Augmented Reality

Virtual and augmented reality (VR/AR) technologies have revolutionized the way businesses operate, particularly in industries such as retail, real estate, and healthcare. VR/AR can help businesses create immersive customer experiences, such as virtual product demonstrations or virtual property tours. In healthcare, VR/AR can be used to train medical professionals, simulate surgeries, and improve patient outcomes.

Popular VR/AR softwares include: Meta, Microsoft Hololens, MagicLeap

Whether you’re in banking, marketing, healthcare, imports/exports, there’s tech that can assist you right now. Leverage these innovations to streamline your processes and stay ahead of the competition in an ever-evolving business world.