In the past few decades, technology has advanced significantly. Numerous groundbreaking technological advances have revolutionized the way people live. For example, the internet has become an integral part of any organization. No brand can stand out in today’s competitive market without having an online presence. Technologies such as image recognition, big data analytics, computer software, artificial intelligence, drones, and fiber optics are now playing a critical role in different industries. The following are ways technology has revolutionized various sectors.

Drones

Industries are now using drones more than ever. Unlike before, drones have become more than recreational toys, and online shopping platforms such as Alibaba and Amazon are working on drone delivery technologies. Drones are being used in remote parts of Africa for delivering medical supplies. Large warehouses and hospitals are now using drones to monitor their operations and provide supplies to different departments. Additionally, farmers can now use drone technology to detect pests, monitor their farms, and other agricultural aspects faster. Players in the entertainment industry are using drones for forming pyrotechnic displays and entertaining people. 

Big Data Analytics

Data analytics is disrupting nearly every sector. For example, financial institutions and other service industries are capitalizing on big data analytics to understand the behavior of their clients to serve them better than before. It has made it easier for service industries to complete tasks faster and manage their resources better than ever. Use of big data analytics in solar energy, geothermal, and wind power plants have helped lower energy bills and resulted in different types of energy, which are eco-friendly and reliable. With big data, retailers can now predict shopping trends and use those insights to provide their customers with superb customer care. Research has also become quick and easy with big data, and people can now search millions of data in seconds. You can now find patterns in any bizarre thing, and online traders are using these patterns to forecast future sales. 

Virtual Reality

Virtual reality has over time become more than a tool for entertainment. Industries such as real estate are using it for walking potential property buyers through every land or home aspect and show them every detail of the property right from the comfort of their couch. Similarly, fashion retailers are capitalizing on VR to allow potential buyers to try clothes or footwear virtually without the need to travel to their stores. Virtual reality is also integral in the fitness industry as people can now use it to motivate themselves to work out harder than before. Virtual reality apps can enable a person to enjoy climbing a rock or boxing an opponent right from their house or gym. Automakers aren’t left behind as some are using virtual reality technologies to test-drive their cars right at their home. Anyone constructing a new home can now use VR apps to see how their homes will appear after completion. Other companies are using virtual reality to visualize their designs better than before and interview potential workers virtually. 

Image Recognition

Facial recognition technologies are helping companies across industries to advance in many different ways. For example, hotels can now use image recognition technology for driverless vehicles, video analysis, augmented reality, and surveillance. Fashion stores are using VR apps to capture images of their potential customers and provide information about the material, design, and type of clothing they are wearing. With image VR technology, one doesn’t have to travel to a fashion shop to purchase clothing items; instead, people can visit online fashion stores virtually. You can point the camera of your device to the footwear or cloth that you are interested in and purchase them online. Hospitality facilities and hotels can now recognize the faces of their guests as they make their way into the premises. Virtual reality will help boost security in public facilities and improve service delivery. Technologies are transforming various industries at a faster rate than ever. Technology has made speed more critical in the world of business, and enterprises can now transact and contact their clients at the pace of thought.

  Modified On Apr-08-2019 11:37:05 PM

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