3 Innovative Business Technologies

In order for your business to move with the times at to stay at the leading edge of your business’ industry it’s important to plan to use the latest and greatest business technologies to your business’ advantage. To discover a few innovative business technologies which are well worth implementing into your business plans, simply continue reading.

3 Innovative Business Technologies:

Facial recognition software:

You may be wondering how facial recognition software relates to businesses. The simple answer is that facial recognition software is now being trialled in order to allow individuals to make in store payments without having to use a credit card or smart phone. As an example in Asia such systems are already being trialled and so far have worked incredibly well.

Apart from being efficient and handy for customers, facial recognition is useful for businesses as it gives their valued customers and extra layer of security. For example if your business was to implement a facial recognition payment system, your customers would have peace of mind knowing that no one could hack or steal their bank account details or credit card details. As no one one would be able to make a false purchase, due to your facial recognition payment system.

Big data software:

It’s becoming increasingly more common for medium and large sized businesses to use big data software in order to efficiently anaylze their business’ data. If you decided to pay for big data software or for the services of a big data business to automatically analyze all of your business’ data such as your daily sales, your employee productivity and your marketing campaign stats, you’d quickly obtain relevant data, which you’d be able to use to make necessary changes to your business.

So if you don’t want to spend countless hours or dollars on analyzing your business’ performance and key statistics, it’s well worth paying for big data software. Especially as big data software systems have the ability to analyze thousands of pieces of information in seconds. So if you require quick information in order to make the best possible decisions in a timely manner it’s well worth investigating some of the big data software companies which are at the forefront of their field.

Automated chat bots:

Automated chat bots which are able to successfully answer a wide variety of customer queries are becoming more and more common place and significantly decrease the work load of customer service representatives. If you’d like to be able to help your customers get the answers which they need fast, it’s well worth having a smart AI chat bot installed on your business’ website. As you’ll be able to program your chat bot in order to correctly answer a wide variety of commonly asked questions.

If your chat bot is not able to answer a customer’s question to their satisfaction your chat bot can be programmed to refer your customer to speak directly with a human member of your customer service team.

So if you’re determined to keep up to date with the latest business technologies in order to ensure that your business remains at the leading edge of your industry, it’s well worth finding out more information about the technologies which are listed above.