Data analytics that includes Big Data, Machine Learning, and data science is undergoing a massive revolution. Therefore, it is highly necessary to keep yourself updated with all the latest technologies and plans related to data analytics. To have a deep knowledge of customer performance, presentation of the systems, and the new income opportunities, data analytics strategy will be highly beneficial if it uses some of the latest trends.
Let’s have a look at some of the top data analytics technologies, techniques, and plans that are going to heat up in the coming years:
- Data Gravity will Migrate Rapidly to the Cloud
The year 2018 is one of the tipping points for cloud analytics because of the increasing use of cloud data and applications. Therefore, it is required for most organizations to perform their operations in hybrid mode by utilizing on-evidence and various cloud environments for spreading analytics, data, and applications.
At present, one of the most important technological trends evolving in the software industry is Augmented Reality (AR). Products like Google Glass and visual, head equestrian displays have further proliferated the market demand of AR.
Owing to its demand, one might be curious to know how this augmented reality truly operates. AR works by utilizing and identifying algorithms, which it receives from the vision of a computer to augment visuals, video, sound, and all other sensor dependent inputs over the actual world objects with the help of a user’s camera.
It is one of the fastest growing technologies, slated to reach billions by the end of this year. AR helps users to have a distinct and more interactive world, which blends both real and simulated world together. In addition to these, AR is not limited to only computers and mobile phones, but also other devices as well, thereby providing a pool of users a completely new experience in the digital world.
Let’s dive into how this form of technology can be the game-changer for both engineers and designers:
Automation has engulfed the business landscape. With advancements in technology, robots are getting more and more precise and are approaching human intelligence with cognitive capabilities. Edging automation down this path will augment humans by taking care of tasks that require human judgment or intervention repetitively.
Sounds promising, isn’t it?
Humans are moving closer to a world driven by technology, wherein automation will take care of mundane jobs and humans will be free to do more productive tasks. Machine Learning, Natural Language Processing, and Speech Recognition, collaboratively, define Cognitive Robotic Process Automation.
The applications of Cognitive Robotic Process Automation are quite widespread; let’s dive deep:
Tremendous advantages of Cognitive RPA have been witnessed by various marketing channels. A chatbot is a perfect example of a robot that is capable of answering queries regarding products and services without any human intervention. Voice assistants and recommendation engines have taken marketing to a whole new level where humans do not need to offer suggestions. Robots are able to perform human-like processing of data to assist customers, enabling them to make a choice.
Business intelligence solutions are driven by the urge to serve the customers better. The solutions and trends of business intelligence translate the business data into intelligent insights that chisels out business strategies. These systems will deliver value to the sales, marketing, and development teams.
The business intelligence tools will continue to help businesses predict the outcomes of a campaign, make future forecasts, and render human-like intelligence to their operations.
2017 has witnessed a lot of emphasis on building solutions that drive business in an intelligent manner and we are all set to pave steps into a disruptive business world with the following trends:
- Machine Learning Will Flourish
Have you interacted with an AI-driven Chatbot? It is phenomenal how a software program understands the intent of the customer, derives insights from it, and offers his recommendations. With around 30% of the Chatbot users voting for using Chatbot in case of emergencies, it makes it evident that the customers are ready to board the Machine learning wagon. Influencing the markets and recommending products to users as per their interaction, machine learning is leading into the era of business intelligent tools.
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With massive data available and affordable hardware around us, IoT is paving the way into our lives very rapidly. IoT is a term that signifies the devices interconnected over the internet for operational ease.
IoT, the revolutionary technology is making lives easier where daily activities can be performed by the devices over the Internet. The entire focus in the evolution of IoT has been on making daily life convenient. Smart homes are a classic example of IoT use case where a single device can control multiple web-connected devices. IoT is also changing the landscape of Mobile App development. Artificial Intelligence and IoT are the two major aspects of technology that are changing the mobile apps that are developed today.
Let us dive deep into understanding how IoT is changing the mobile app development world:
- Connectivity of Apps
IoT has changed the way we are viewing the world today. The future belongs to the devices that are connected and can perform beyond our expectations. Mobile app developers must lay a strong focus on how mobile apps can be used in the field of IoT. It will make things easier for the developers in future as they might just have to add a tier rather than rebuild an entire app.
Rotoscoping plays a pivotal role in the Animation industry. To understand the term Rotoscoping we need to have a basic understanding of how an animation film is developed. Frame by frame actions are captured to make a live stream and that technique is known as rotoscoping. It is used to put in or pull out a frame to the live stream to make any changes.
Rotoscoping is being extensively used in the film industry today but it is no longer done in the traditional way where the live actions were shown onto a frosted glass panel with the help of a projector and then the required actions were redrawn. Today computer software executes the task of a rotoscope which was the projection element of the setup.
Know What Rotoscopy Helps You Achieve
Have you ever been in a position where you have captured live frames and now you want to make edits? There is no elegant way to do it without rotoscoping. Talking in literal terms “Roto” means drawing over a live frame to add or extract an element to it.
Rotoscoping techniques used today help create a mask around the object that needs to be removed or added to another moving frame using the methods like Articulated Rotoscoping, Garbage Matte Creation, Matte Generation, 2D Motion Tracking, Rotosplining, and Paint Touch-up/Cloning.
One of the assets that every organization needs in today’s competitive business world is the right data. If you have access to the right set of data, you can derive several useful insights from it which can help you strengthen your business’ position in multiple ways.
While everyone comprehends the significance of data, the real challenge lies in identifying which data is the right one and efficaciously deriving insights from it. Not every organization is well equipped to collect colossal Big Data and more than 70% of the organizations lack the tools required for effectively managing the data.
Though every business needs the access to the right data, they are not well-equipped to handle the Big Data which often comes in both formats – structured and unstructured. At this time, we certainly need more user-friendly ways of accessing, using, and extracting right information from the data.
Many tech and business experts reckon that the confluence of IoT, Cloud, and data will help businesses across the world in accessing the right information.
We all avail medical services and almost all of us have interacted with doctors. One of the common problems that a large percentage of people face is the lack of understanding of the medical terms & medical procedures. Due to this, the communication with the doctors, physicians and even, sometimes with pharmacists becomes very difficult.
Also, sometimes the advancements in the medical field make it difficult for a layman to understand as they are not able to comprehend that what actually the scientists have discovered and how this new discovery would be helpful to mankind.
On the flip side, if there could be a simpler way to explain the medical concepts to people, they would be able to easily comprehend the diverse concepts, understand the medical procedures, and a lot more.
There are many benefits of 3D animation in the healthcare industry and here are the top ones:
- Simplifying The Complicated Medical Or Healthcare Related Information
One of the biggest benefits of 3D animation in the healthcare industry is that it can simplify highly complicated information so that a layman who is not aware of the medical jargons and terminology can easily understand it. Visual learning is always considered the best form of learning new things and understanding complex concepts.
Today, when time is directly proportional to money, you cannot afford to spend your valuable time during the business hours struggling through traffic and longer routes. Have you ever imagined that what if someone tells you the “best route” to reach your destination and can save your time, resources, fuel, and money while enabling better efficiency?
Sounds like a dream?
Well, “Route Optimization” services make it possible for you. The route optimization services help you find the best route so that your agents, employees, or deliverables reach their destination in the shortest possible time while saving the transportation and fuel costs to a great extent.
There are a few companies which offer route optimization services these days and facilitate an array of business benefits. Here are the top benefits related to these services.
- Enables Better Efficiency
If your agents or deliverables are able to reach the destination faster and in much lesser time, it not only saves time but creates an opportunity to accomplish much more in that specific frame of time. Undoubtedly, when people spend less time on the road, they can complete a bigger number of tasks which not only boosts efficiency but also helps employees understand that they can achieve a lot by smartly utilizing the available time.
Delivering outstanding customer service has become one of the most vital aspects for businesses these days. The easier access to the internet, social media and other marketing strategies are becoming prominent, and are significantly diminishing the geographical borders for business organizations. As a result, all businesses are able to cater to a wide range of audiences. As the competition is turning fierce between different firms, businesses need to come up with better strategies to ensure that they retain their customers.
One of the best ways to retain your existing clients and keep gaining new ones is by delivering exceptional customer service. The primary ways to ensure that you deliver good customer service is by staying in touch with your clients and making it easier for them to reach you. The online chat functionality is one of the ways to facilitate a platform which can be used by the customers anytime to reach you.
Apart from adding to your customer service, there are many other benefits offered by the online web chat functionality. Live online chat is one of the tools which has become “a must” for businesses. Here are the top benefits of adding the online or live chat functionality to your business website.
- Live Chat Contributes Towards Increasing Your Sales
Undoubtedly, it’s one of the biggest benefits of live chat support. Various studies indicate that websites and businesses increased their sales after deploying live chat support services. Some studies suggest that one can increase the sales by as much as 20% with the help of live chat support services.