4 technologies applied in most industries of the business world you should be familiar with

The world is changing or should we better say evolving? The technology could not take a different role than one of the components that change the history of the globe. An amazing fact is that among all the sectors it affects business may be the hottest. If technology affects our everyday life try to combine it with the economy and business and the result is unbelievable. Let’s find out which points need your special attention if you want to be always in the center of the business world.

1. Internet of Things
   Internet of Things or else IoT is a simple concept. The idea here is that everything has to have the ability to connect with the internet and with any supporting device. This way a platform of technologically connected devices can become true. It gives businessmen the perfect opportunity to collect valuable information about the consumers’ habits and preferences by tracking down the history of their interactions on the web. People who work on advertising can extract all the useful pieces of information and provide it to their customers, meaning anyone who wants to sell on the free market. Its great con is that it changes the models we use to do business giving both salesmen and clients the chance to reach their desired targets easier.
2. Machine learning
   Machine learning refers to the ability of computers to learn on their own. Again the most applicable area is consumers’ trends. It is very common in social media platforms where the concept is used to understand how you are connected. It screens your likes and comments, as well as your friends’ on the platform. Then, it is used to analyze the collected data and track down moves that seem to follow a pattern. The interesting part is that machine learning works even when you are not connected to the internet. Have you noticed that you may call someone and that person may then be on the suggested contact Facebook shows on your page? A proof that offline interaction can still occur. A wider concept including machine learning is cognitive technology which also includes for example speech recognition or fingerprints. It allows a variety of applications related to matters of security to take place and sell on the market. In the meanwhile it allows us to do more things from home. For example, opening an account to the bank used to require your physical presence in the store. Today this is done remotely since a mobile camera can screen your face and the details of the provided paperwork you would send to the bank, using just the camera.
3. Touch screens
   Touch screens are one of the most challenging and valuable things tech nerds have shared with the world. Challenging because it required a total of scientists to work together in order to accomplish this innovative technology. Valuable because it came as a revolution in eCommerce. Sales and consumption increased rapidly making it extremely easy for buyers to complete their orders via screens. This along with the fact that this was implemented on mobiles was an amazing change of events in the business world. At the same time, it changed the variety of interactions people had with their mobiles. It is basically the pillar of smartphones that allows people to be connected all the time in a carefree way.
4. Virtual Reality
   Virtual Reality or VR refers to the ability technology provides to humans to experience fake realities as if they were true. The proper stimulus can confuse our brain and makes us think we actually line in a carefully structured world. The idea of Virtual Reality has dominated the gaming industry and entertainment overall. It is also used for educational purposes especially for people of younger ages since it provides all information in the most amusing way. However, ethical issues arise about how this kind of technology can be used. The beginning of skepticism appeared when professionals created a VR environment depicting a young child playing at the house. The ”game” was created for a mother who had lost her kid and wanted to see her beloved child one more time. Wearing the proper equipment on her head would let her ”be” with her child again whenever she desired.

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