Innovative Technologies - MITID Innovation

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10 Innovative Technologies With Potential Impact
on Business/ Organization
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Since 2018, the world has grown up in terms
of innovation and technology.  Digital
innovation is trending, which helps to grow from
offline to online business market. More than 50
of businesses are now regulated and managed
online by using 47 of Artificial intelligence
technology.
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Also, many new web technologies are getting
developed every day, so keeping it up with the
evolving technologies and channelizing it for
boost is essential. Discussed below are the
top innovative technologies that will impact the
business and will help in growth and expansion.
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Artificial Intelligence
These days AI Artificial intelligence
technology, used in most businesses for security
purposes and makes work easy. Today in more than
47 of online companies, AI applications are
being used. From forecasting consumer behavior to
giving customer service via chatbots, enabling
personalized advertising.
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5G Networks
While setting an online business, the primary
need is a network. With 5G coming into the
picture, access to the online business will
become fast and efficient. It will also increase
the probability of hiring remote talent,
enhancing business efficiency. 
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Applications and Software
2020 was a rollercoaster year things were
uncertain. Due to the pandemic, operated the
business online. IT experts developed several
applications and software to control business
remotely. Private companies made their personal
business applications that are helpful in 2021.
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Wearable Technology
Wearable technology like clothes, watches,
glasses is trending and has a great future in
business. Wearable technology will scale down the
non-productive activities from a business
perspective, making employees more focused and
efficient. 
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Digital Assistance
Digital assistants enable a business to focus on
crucial matters by taking over the routine jobs
without compromising the customer experience.
There is no scope of mistakes from these smart
assistants, and they can also give reminders for
future events. With digital assistants, a
personalized customer handling experience can be
offered to lots of people at the same time. 
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Virtual Reality
Virtual reality is an improved digital
innovation that helps to feel reality through the
latest innovation and technology. Today around
46 of people use this technology to grow their
business. It gives them the excellent quality
experience of manually controlled computer
reality.
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Machine Learning
Machine learning is the branch of science, mainly
artificial intelligence, which helps in providing
business insights, accurate reports, competitive
analysis, and market trends,
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Chatbots
Different virtual assistants like Amazon Alexa,
Google Home, etc., are part of Chatbots. These
are human- questioned specialized technology that
helps people to get voice or chat answers
digitally. It assures better Customer engagement
and service by monitoring the consumer's data. It
also helps in lead generation, making it easy to
approach to target potential markets.
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These are some of the top Innovative Technologies
Innovation with Potential Impact on
Business/Organization that will help in growth
and expansion of your Business.
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Conclusion
MIT ID Innovation Programme curates knowledge and
experiences that challenge the very paradigm of
evolution. And that's why we have set out to
define the future of industries, communities,
cities and ecosystems. MIT ID Innovation offers
the best innovation Courses.
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