3 Recent Business Trends that Have Been Shaped by Technology

Business Trends

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In the last few decades, the pace of technological development has been incredibly fast, and it can be seen in virtually every modern environment. At work, cloud-based computing solutions have been rolled out across millions of businesses. They help to support an increasingly remote workforce and allow productivity levels to remain high. Video conferencing platforms facilitate effective communication and project management apps help to promote efficient teamworking, regardless of staff location.

The healthcare sector is constantly innovating when it comes to technology. It may be surprising to learn that MRI technologies have been around for decades now. Their role in patient assessment is vital in modern healthcare. However, newer technologies such as nanotechnology have the potential to transform the treatment of patients with a range of serious health conditions. In this article, three other key business trends that have been shaped by new technologies will be explored.

1.      The move to authentic virtual casinos

It is estimated that there has been a trillion-fold increase in computer processing power from 1956 to 2015. This staggering statistic demonstrates the rapid pace of advancement in IT and its impacts can be seen everywhere. An interesting example of this can be seen in the online casino industry. Online casinos only became popular in the mid-1990s when changes in legislation allowed online gambling to take place. Early online casinos had low-resolution graphics, 8-bit or 16-bit generated sound effects on their slot machines and the overall virtual environment was similar to that of a console game from the era.

Today, adult gamers can enjoy a range of online casino games that are virtually indistinguishable from playing at a brick-and-mortar venue. Slot machines look like their real-world counterparts and features like live dealer games add to the authenticity. In short, online casinos have benefitted greatly from advances in processing power and faster internet access. At the best online sites, the overall gaming experience is like that of a high-class physical casino.

2.      The automation of customer services via chatbots

In the last few years, chatbots have become an increasingly popular addition to many business websites. Customers can type questions and issues into the chatbot screen and quickly receive an answer or be directed to a preexisting web page that contains the information that they require. This technology has helped millions of firms to reduce their customer service costs, whilst still servicing their consumers effectively. However, it must be noted that complex queries or complaints will currently need to be managed and processed by a dedicated team of human staff. How long this remains to be true is open to debate as the power of AI continues to develop at a fantastic pace.

3.      Drone tech in pre-hospital emergency care

Finally, drone technology has started to play a key role in a range of different business sectors. It is steadily being incorporated into pre-hospital emergency care. Here, drones are increasingly being used to transport essential medical equipment by air (such as life-saving defibrillators).In many cases, a drone can reach the scene of a life-threatening emergency far quicker than a traditional ambulance or first-response vehicle. This is especially true when responding to emergencies in congested urban areas or remote settings. In short, this technology has great potential to save lives and improve patient outcomes in some of the most time-critical emergencies.

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