Overview of Advanced Technologies Businesses Can Benefit From
Businesses and companies need to leverage modern technologies to stay ahead of their competitors. Any business not employing such advanced modern technologies can fall behind their peers significantly in their pursuit towards excellence.
Below are some of the technologies that modern business, small, medium or large, use to improve their business processes:
Business Intelligence is perhaps the least exciting of all such emerging fancy technologies of late. Business Intelligence uses large-scale business data, called the Big Data, to predict future outcomes through the analysis and understanding of past events or data.
BI systems collect and organize data info-graphically into charts, graphs, spreadsheets, etc. to help human beings make sense of large data. Business Intelligence facilitates faster decision making by eliminating the noise of unwanted junk data. BI is usually known to make business processes faster by about five times than normal.
Bitcoin & Blockchain
Both bitcoin and blockchain revolutionized the tech world, after they were invented in the year 2009 by Satoshi Nakomoto. Bitcoin gave rise to blockchain — the public, distributed and decentralized ledger that can record transactions in blocks that update on all the nodes in the network.
The time-stamped event updating on all nodes acts as the consensual proof or verification of transaction. So, the transaction becomes unalterable, as there is no centralized system to alter the chain of events or blocks.
Bitcoin, on the other hand, is a cryptocurrency that businesses can use to send or receive money, even across borders, almost instantaneously, without relying on a central authority as banks.
Server-Side Scripting leverages the large hardware capabilities of servers than to execute the scripts only on browsers that usually run on limited hardware. This technology can also be used to deliver personalized content to the user via dynamic web pages than mere static websites or applications.
Machine Learning is an amalgam of technologies that often flirt with AI. Some of them are part of AI as well. Machine Learning comprises of neural networks, natural language processing, image recognition, etc. that uses existing data to learn, classify and predict the outcome of new data. Learning can be supervised, unsupervised, semi-supervised or reinforced. Machine Learning is an important component of AI.
Managing your own network, server or data center can be a highly demanding task. Neither can you fully protect your servers against security threats and attacks nor can you keep scaling up and employing new staff as you grow your business.
So, what if all your server, database and computing needs were managed by a large cloud service provider as Amazon Web Services (AWS), Microsoft Azure or Google Cloud Platform? With them, you get the benefits of world-class server security, maintenance and infinite scalability.
Migrating your business to the cloud can give you access to a world-class server/network infrastructure at a fraction of the cost than you would incur to manage your own on-premise network infrastructure.
Artificial Intelligence is the pinnacle of all technologies that comprises of various other technologies that make machines intelligent. Use-cases of AI can range from intelligent web applications to Robotic Process Automation to Robots that can even perform creative tasks.
Artificial Intelligence is the most intriguing of technologies that has begun to pervade almost all areas of our lives. Not only business but the whole world will be using AI in no time in their daily lives. So, it will be wise for business to make use of AI in almost all their operations.
The world has moved from mere instruction-driven and programmable software into focusing on data analysis, machine learning and AI, as hardware capacities improved. Modern businesses will benefit immensely by leveraging the above technologies, as they, so far, have by using computers and the internet.
We specialize in implementing all the above inter-related and inter-connected technologies in your business. So, learn more on www.twilightitsolutions.com or talk to us at [email protected] to leverage the aforementioned technologies to improve your business.