The role of technologies in business transformation
capitalmarketsciooutlook

The role of technologies in business transformation

By Capital Markets CIO Outlook | Friday, March 22, 2019

In recent years, the technology is endowing and improving Customer Relationship Management and other services with most prominent techs such as Artificial Intelligence, Machine Learning, Deep Learning, Big Data Analytics and so on. But the question remains what more can technologies provide with every new creation of an idea, solution, and services?

AI, ML, and Blockchain

The progress towards the integration of artificial intelligence, machine learning and deep learning in business applications continues. The artificial intelligence delivers first-line-of-response business insights from data it analyzes with a baseline of algorithms; machine learning helps in refining the bases of knowledge.

When blockchain made its mark in 2018, no one ever thought it would gain modest traction. The blockchain is a crucial technology for the financial industry as a distributing ledger tech.

Various organizations in a variety of industries are implementing IoT to operate more efficiently, understanding the customer needs much better, enhanced consumer service, improved decision making and increasing the value of the business.

Distributed Manufacturing

It is a form of decentralized manufacturing practiced and implemented by the businesses using a network of geographically dispersed manufacturing facilities. They are coordinated using information technology.

Next-generation Robotic Technology

The variations and range of application for next-generation robotics have increased dramatically. From new sensors such as cameras, distance, force, and proximity sensors, the robots can perform repetitive, pre-programmed movements in a structured environment using simple controls.

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