Over the past few decades, technology-based innovations have added a new meaning to business conversations, thus changing the way we live and work in the digital age.
With increased focus on improving business agility and performance, to sail through the challenging age of digital transformation, it is in the interest of modern businesses to leverage these cutting-edge technologies to maximise operational efficiencies and sustain profitability.
The journey so far and how new technologies will impact key verticals in the coming years.
Emerging Tech Impact
The age of transformation will witness the emergence of varied possibilities and use-cases with the intermingling of new age technologies like AI, IoT, automation and analytics. For example, smart cities, self-driving cars, healthcare, manufacturing and retail (automation, preventive maintenance, predictive analytics, R&D, realtime operations and supply chain management).
While AI has many use cases, practically in every field, we would see that the best end-to-end application of AI will happen in conjunction with automation. Be it intelligent automation, smart automation or cognitive automation, we are already seeing a blueprint of products and services that combine AI/ML, data models, orchestration and automation to address the end-to-end transformation journey of an enterprise.
This story is from the January 2020 edition of DataQuest.
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This story is from the January 2020 edition of DataQuest.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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