With increasing choices and options, customer retention has become a critical factor for business growth. Customer service is proving to be the catalyst in this endeavor. Fulfilling customer needs is the soul of customer service as customer expectations are evolving every day. More than 76% of customers expect companies to anticipate and understand their needs and expectations. … [Read more...] about How Chatbots are Poised to Transform Customer Service
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.
Redefining Personal Finance with Chatbots
Money is multiplied in practical value depending on the number of W's you control in your life: what you do, when you do it, where you do it, and with whom you do it. ~(Timothy Ferriss, famous American entrepreneur, investor, author, and podcaster) How to manage money better is probably the greatest concern for most of us in our daily lives. The scope of personal finance is … [Read more...] about Redefining Personal Finance with Chatbots
No Code Chatbots: Leverage Technology To Boost Customer Satisfaction
As organizations look at customer satisfaction as a crucial element of competitive strategy, conversational artificial intelligence (AI) has assumed vital importance. Chatbots are the most visible adoption of AI. Research by Forrester on the impact of IBM Watson chatbots found that organizations saved $5.50 per contained conversation, resulting in an impressive 237% RoI. … [Read more...] about No Code Chatbots: Leverage Technology To Boost Customer Satisfaction
How to Automate Insurance Claims with Chatbots?
Like all other businesses, insurance companies are looking at digital transformation as a critical factor for survival and growth in times to come. Customer experience through personalization and automation is the outward manifestation of this transformation. Internally, automation is the key driver for efficiency. Adopting Artificial Intelligence (AI) makes the process easier … [Read more...] about How to Automate Insurance Claims with Chatbots?
Does DataOps Technology Power Digital Transformation?
The term digital transformation' can mean extraordinary things to various institutions. At the most basic level, we might contemplate digital transformation to get a movement of operations, processes, and tools from a traditionally offline environment into a digital one. The moment we believe an electronic transformation with data or information especially, it's electronic … [Read more...] about Does DataOps Technology Power Digital Transformation?
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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.
