Consider it to be the ease of processing or the trend in making, digital payments have garnered huge attention worldwide. The global transactional value of mobile payments is projected to cross $12,407.5 billion by the end of 2025 whereas, the anticipated CAGR clocked between 2020-2025 is 23.8%. (Source) Hence, it seems appropriate to say that the face of business transactions … [Read more...] about The Next-gen Digital Payment Trends Using Intelligent Chatbots
Internet Of Things
The Internet of things is the connection between objects and machines through embedded technology. In these articles, we’ll explore everything vital you need to know about IoT.
Enterprise Helpdesk Chatbots: How They Boost Customer Service
Enterprise helpdesks are the key drivers of customer satisfaction and engagement, as they are usually the first point of contact for customers. They provide a wide variety of services, including responding to sales inquiries, product questions, and solving customer issues. Customers expect quick and accurate information and guidance from the enterprise helpdesk. Their … [Read more...] about Enterprise Helpdesk Chatbots: How They Boost Customer Service
How Voice Chatbots Boost Customer Service In Telecom
Voice chatbots are designated by almost all industries and business enterprises to handle multiple aspects of their undertaking such as customer service, product suggestions and ordering, business process improvement, scheduled meetings, etc. These chatbots are an innovative breakthrough in the telecom industry too, where catering unruffled service to customers is a predominant … [Read more...] about How Voice Chatbots Boost Customer Service In Telecom
9 Ways AI Chatbot will transform the Mortgage Industry in 2021
Introducing AI Chatbots as one of the revolutionary techs of 2021. Technology, in recent times, has grown by leaps and bounds. There has been a massive shift in the way businesses operate and run their day to day activities. Changing customer behavior and increasing expectations have forced organizations across all industries to adjust and adapt to technological advancements. … [Read more...] about 9 Ways AI Chatbot will transform the Mortgage Industry in 2021
Theoretical Explanation of Python Sets and it’s Set Theory
Sets are known as python data types which are used to store values in a sequenceꓸ lists, tuples and dictionary also stores values like inset but the only main difference in all of this is set store unordered values and cannot have multiple occurrences or duplicate value in itꓸ Credit:freepix.com Benefits of python sets: Sets cannot have … [Read more...] about Theoretical Explanation of Python Sets and it’s Set Theory
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What is the Internet of things?
The Internet of things, often abbreviated as IoT, is a system of interconnected devices and sensors that collect and exchange data. The data collected by these devices can be used to generate insights that can help businesses make better decisions and improve their operations.
For example, a company might use IoT data to optimize its production line or track its sales team’s performance. While IoT business intelligence is still in its early stages, it has the potential to revolutionize the way businesses operate. In the future, every company will need to have an IoT strategy to stay competitive. Want to learn more about the Internet of things? Datafloq has courses available. Contact us to get started.
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How does the Internet of things work?
Collecting data from devices allows people to gain insights that can be used to improve efficiency and productivity. Additionally, the Internet of things can be utilized to monitor and control devices remotely.
The Internet of things and data analytics are two areas working together to change how we live and work. As more devices become connected to the Internet, the potential for data analytics to improve our lives will continue to grow.
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How has the Internet of things impacted business?
IoT allows businesses to gather data about how their products are being used and how they can be improved. It also provides insights that can help businesses reduce costs, improve operations and create new revenue streams.
The Internet of things is still in its early stages, but it’s already having a big impact on business. As the technology matures, companies will be able to do even more with the vast amount of data that’s being generated by connected devices.
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What is the Internet of things used for?
From everyday objects like microwaves and alarm clocks to more specialized equipment like fitness trackers and industrial machines, the Internet of things allows devices to communicate with each other and humans, exchanging data and carrying out tasks automatically.
In addition, the IoT can also help us manage our resources more efficiently. For instance, by tracking our energy usage and adjusting our heating and cooling systems accordingly, we can save money on utility bills. There are endless possibilities for how the IoT can be used to improve our lives.
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Why is it called the Internet of things?
The terminology “Internet of things” was first coined by Kevin Ashton in 1999 while working on a project at MIT. The basic idea is that, in the future, everyday objects will be connected to the Internet and able to communicate with each other. For example, your fridge could automatically order more milk when running low, or your car could alert you if there’s an accident ahead.
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What might the Internet of things do in the future?
While this may seem like a far-off futuristic concept, there are signs that the Internet of things is becoming a reality. For example, many new homes are being built with innovative technology that allows homeowners to control everything from the lights to their thermostats right on their phone. Ultimately, the Internet of things has the potential to revolutionize the way we live and work.
