business cost Archives

4 Ways to Run Smart Business with the Internet of Things

Sep 25, 2020

The internet of things is the most basic tool for the postmodern era. Any objects surrounding us if connected to the internet, are called the Internet of Things. Things as simple as the light bulb can be made smart by connecting it to your smartphone through Wi-Fi, but of course, the bulb should have a microchip integrated into it to control the functionality. This communication between various devices sums up to digital intelligence. This isn’t much astonishing because even the modern computer understands only 0s and 1s i.e. simple on and off. So let’s have a deeper introspection into the IoT.

eCommerce

4 Ways Digitized Customer Experience can Beneficiate Your Business Motives

Sep 24, 2020

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Customer experience is the overall discernment of a customer about your business’s service or brand. Customer care is a subset of the set, ‘The customer experience’. It is also abbreviated as CX. It must be noted that every little thing done in business will impact a customer’s experience. This will decide if they want your services in the future or not. It is impossible to think of any business which won’t get benefited through improved customer experience. So let’s have a look at how digitized customer experience will change the business scenario.

Information Technology

What is AI-Based Visual Inspection?

Jul 3, 2020

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We usually check on the foods before serving them to our guests, so that they will not get any trouble after having that. Simultaneously, for a business, it is necessary to check on the products of their production line to check the quality of the products. And this process is called visual inspection. In the whole process, a person who is known as the inspector will check all the products by running them through some tests and visually checking on them, to detect if there are any damages or defects. After the approval, the products will be launched in the market. Sometimes the inspectors have to check the production equipment ads well, to make sure that everything is in a good state. But this whole visual inspection consists of daily repetitive tasks and consumes a lot of time, say for example a whole day or more than a day. And in this hard time when the maximum of the employees are not present in the workplace physically, the inspection is taking more and more time, and here comes the super entry of Artificial Intelligence. So let’s see how AI is taking over the Visual Inspection and its benefits.

eCommerce

The Role of AI in eCommerce

Jul 1, 2020

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The traditional eCommerce is past now, it has been boomed up with the huge growth of consumers, and updating with modern technologies. To keep the consumer’s number increasing and getting a competitive advantage, the online business owners are leveraging many of the updated technologies in the eCommerce. These modern technologies help to improve the customer experience, increase more customer engagement, increase sales, lowering the costs, and strengthen the brand value. Artificial Intelligence is one of those modern technologies reshaping the future of eCommerce. But before going to the points of the application of AI on eCommerce, let’s discuss the way AI is transforming the traditional shopping experience!

Information Technology

Ways Businesses are Using RPA to Stay Competitive in this Pandemic

Jun 27, 2020

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We have been digital enough to leave the humans’ work on the machines and let others focus on some other important tasks, and this is not surprising for the businesses that are using RPA to a whole new level to stay competitive at this time. Without any doubt, the pandemic will end one day, and the businesses should thrive towards that reach point to keep the global economy alive, but for this, we need to stay safe and well until we get a permanent solution in our hands. This pandemic sets us locked down in our homes, we can’t get to the workplaces to operate our works directly, even we can’t let the other employees take the risk on their lives, and in this case, only machines can help us out. Yes, I am talking about Artificial Intelligence and Robotics. We have known enough their benefits on the business process and this is the perfect time to implement this on the business to stay competitive, as the market competition will not decrease any way whether it is pandemic or not. So, let’s take a brief look at the impact of RPA on global businesses.

eCommerce

The Post Pandemic Future of eCommerce

Jun 24, 2020

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eCommerce is not a newly sprouted plant in the business world, it was there for a long time. Slowly with the help of the latest technologies and the internet, it has grown up, as business owners started to spread their business in the digital world. But due to the covid-19 pandemic, the situation got changed. With governments putting restrictions on the social gathering through lockdown, many of the businesses run out from the track, many shut down. But no one can sit like this in their homes, whereas foods and some essential commodities are necessary to be sold, and hence eCommerce being the only option to continue the business online. The future of eCommerce is bright and upward as the modern technologies are updated and still updating, and the world is being digital with these updated technologies. But, what will be its future in the post-pandemic era? Before getting into the post-pandemic future, let’s discuss the impact of this global pandemic on the eCommerce.

eCommerce

5 Ways eCommerce Reduces Business Cost

Jun 3, 2020

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Speaking of eCommerce, the number of online businesses is increasing day by day and the global merchants are being interested in this type of business. There are many reasons which let the merchants lean towards this digital business process, i.e., the ability to sell products 24/7, reach customers beyond Geographical borders with one click, be open to the wide global market for product sales, etc. But among them, the most strategic reason is that eCommerce reduces the additional cost for a business, that requires for the brick and mortar physical business setups. Hence, it is proved that adding an online presence to your existing business doesn’t need a high-risk investment, and it is a far better choice to create an online setup for your business than building another storefront at some other places.