You hear about emerging technologies but you do not quite get what it is and how it impacts your business. Emerging technology is a new technology that is currently being developed – or will be developed within the next 5 to 10 years. This new technology will significantly alter not only the business atmosphere but also the social environment.
Emerging technology includes wireless data communications, on-demand printing, advanced robotics, biotechnologies and IT (Information Technology). As a business entity, you should find a partner like Tandem that can deliver custom software. The custom software will then inspire people and help drive your business forward.
Keep in mind that implementing emerging technologies will make an immediate and visible impact on your sales or revenue. With this, it is crucial that you pause and consider every technology exclusively today. Here are some emerging technologies that you should pay attention to:
AR (Augmented Reality)
AR will focus on product visualisation. Small businesses today can showcase products in real time through AR. When you closely look at it, AR can shape small business areas like entertainment, shopping, and safety.
AR is something that you should monitor. This all started with Pokemon Go and in a few years, the customers will demand to view the products real-time in 3D. This is particularly helpful in deciding which products to buy. This technology will ultimately allow the customers to try a product before they actually buy. This will surely have a major and immediate effect on your business.
With messenger chatbots, your customers will no longer need to fill out an online order form or pick the phone. Instead, they will log in to a specific app and immediately place their orders. In most cases, the transaction will take place on Facebook, Whatsapp, and other chat apps.
With this, it will significantly reduce stress since customers spend more time on their phones. The good news is that there are many inexpensive online tools that can create chatbots. In the end, this will help you build a powerful AI (Artificial Intelligence) chatbot even if you have no experience in coding.
There are many automation tools. If you adopt automation tools, you will instantly improve your business because you will no longer waste many resources (like time and money) doing menial but necessary tasks. Keep in mind that automation will grow more powerful when AI will start to extend the software’s functionality.
Keep in mind that automation software can be integrated with existing systems. In the end, it will speed up everything – it can create the updates that you need and it will even allow you to re-order the products that your business relies on. There are already many online platforms that utilise automation tools for their marketing, management and sales task. It is time that you make good use of it.