Emerging Technologies and Business Applications

This assignment delves into the impact of emerging technologies on businesses. It defines key technologies such as artificial intelligence, 3D painting, and robotics, highlighting their applications in areas like production, work management, sales, and customer satisfaction. The text emphasizes how AI, in particular, enhances efficiency, solves real-world problems, and provides a competitive advantage to organizations.

EMERGING TECHNOLOGIES
1
Emerging Technologies is one of the latest techniques which is helping
organizations in their progress and success. It includes those technologies
which help companies in their continuous development. It is providing firms
an opportunity to gain competitive advantages by using innovative and new
techniques in the production.
Emerging technologies are new which includes artificial intelligence, 3D painting, robotics,
nanotechnology, etc. By using these technologies, it is possible for any business to carry out all its
operations in an appropriate manner. It will help in bringing improvements in the field of production,
work management, sales, customer satisfaction and many more. Companies can influence users to
purchase their products with the help of different emerging techniques.
Artificial intelligence: It is the intelligence possessed by branch of computer
that develops machine and software which works like human beings.
Intelligent agent in the system perceives its environment and takes actions
that maximizes the chances of success. AI also provides solutions of the real world problems such as automated reasoning, data mining,
face detection, etc. Organization programmed the computer for exactly the kind of productivity
that it wants to generate. Al increases the work efficiency to faster speed that is performed by the
robotic computer.
Initially, it is costly to implement the system in institute but later, it increases the revenue of
enterprise through effective design as well as storage of information in a proper manner
increases the organization’s performance. Organization reduces the risk on the work place by
using sensor on the machines for increasing productivity.
AI modernizes the organization’s system which can improve the
quality and quantity of product according to the requirement of
customer needs.
Use of AI makes organization to gain competitive advantages. It is vital form of
computer science which an organization can use for planning, controlling and
scheduling as well as for directing the tasks performed by employees.