The insurance industry is associated with a fast work pace and a large number of daily applications. For insurance specialists, there is a limit on how much work they can handle quickly and effectively, so insurance companies risk losing clients. The best solution is to build an insurance agency software and automate most of the routine processes.
Reliable connections between customers and sales officers are key to a successful business. The most powerful driver allowing salespeople to increase client loyalty is a CRM (Customer Relationship Management) system.
By 2020, there will be 30 billion IoT devices worldwide, and in 2025, the number will exceed 75 billion connected things, according to Statista. All these devices will produce huge amounts of data that will have to be processed quickly and in a sustainable way. To meet the growing demand for IoT solutions, fog computing comes into action on par with cloud computing. Fog is even better at some things.
Modern industries are on the race track of a highly competitive market, striving to gain customers. How can a company win? One of the key criteria is ensuring good quality of its products and services. But the traditional testing and quality control paradigm is not enough in the context of emerging technologies. That is why something new is being implemented in business — quality engineering solutions.
The ideas presented in the legendary science-fiction movies Matrix and Avatar, where people live in the digital simulation of the world and have their virtual prototypes, are likely to become reality. The new technology named digital twins is able to create virtual models of objects, processes and large systems. Scientists believe that the digital twin of a human will also appear soon.
Online businesses have become a normal practice today because they are beneficial both for clients and businesses. Communication channels are the main tools in the eCommerce industry. Earlier, it was a must to have a telephone and a website; then companies moved to mobile apps and messengers. But there’s always room for improvement, so the most recent trend is implementing AI-based chatbots for business.
It hasn’t been long since virtual reality (VR), augmented reality (AR) and mixed reality (MR) fired up our imagination, but a new family member – extended reality (XR) – has already come into general use. This notion combines the three phenomena, and their proliferation and convergence are the reason why XR has emerged.
A huge ecosystem of connected devices, named the Internet of Things, has been expanding over the globe for the last two decades. Now, the overwhelming number of objects around us are enabled to collect, process and send data to other objects, applications or servers. They span numerous industries and use cases, including manufacturing, medicine, automotive, security systems, transportation and more.
In the next couple of decades, our society will undergo many changes and will be quite different from what it is today. One significant factor that impacts and transforms various aspects of everyday life is the rapid expansion of the artificial intelligence and robotics industry.