The future of commute: In-vehicle virtual personal assistants
A virtual personal assistant (VPA) or voice assistant is a digital assistant that combines artificial intelligence, machine learning, speech recognition, Natural Language Processing (NLP), speech synthesis, and various actuation mechanisms to sense and influence the environment.
Best Practices To Create A Successful Go-To-Market Strategy For A New Product Launch
A profitable business is dependent on several factors that interact together. This includes your go-to-market strategy (GTM). A GTM strategy for a new product is a minor but critical component of your overall marketing plan. A solid go-to-market strategy takes into account a variety of factors, such as pricing, distribution channels, and unique selling propositions.
Revolutionizing connected vehicle manufacturing: The power of digital twin in automotive
Digital twin in the automotive sector is critical for manufacturers to achieve more efficient production lines and faster time-to-market, and it is expected to gain further traction in the first half of this decade as IoT and cloud-based technologies become more widely adopted.
6g Technology’s Potential To Transform Telecom Industry
6G technology is under R&D phase and many aspects are yet to be defined/ implemented / legalized. Researchers have also been investigating the potential of terahertz waves — microscopic, submillimetre radio waves that exist on the boundary between microwaves and infrared radiation. This will help telecom operators to drastically reduce latency and boost data speeds to as high as 1 tbps. 6G technology networks will be able to use higher frequencies than 5G networks, Higher frequencies allow for more data to be transmitted at once resulting in significantly higher capacity and lower latency.
A look back at insurance M&A: analysis of 2022 deals
The pandemic has created a great deal of uncertainty in the global economy, and many businesses are looking for ways to reduce risk and increase stability. For insurance companies, mergers and acquisitions (M&A) may provide a way to achieve these goals by diversifying their portfolios, reducing overhead costs, and increasing their market share.
The Rise Of Chatgpt: How Generative Ai Is Transforming Business Impact
ChatGPT has taken the business world by storm as it introduced one of the early applications of generative AI that is highly valuable and immensely versatile. It performs intelligent text-based functions that we had only imagined AI systems performing in the future and encountered in sci-fi literature and movies.
Revolutionizing big tech with AI-as-a-Service : a deep dive into the benefits
AI is a broad term that encompasses a variety of technologies such as robotics, natural language processing (NLP), machine learning (ML), and computer vision. Many businesses are using AI to automate operations, make data-driven decisions, and improve products and consumer experiences. AIaaS or AI-as-a-Service, refers to businesses that offer advanced AI functionalities to companies in exchange for a one-time payment or monthly charge or on a subscription basis. AIaaS is a substitute for businesses that are unable to create their own clouds and develop, test, and employ their own AI systems. What draws people in the most is the opportunity to capitalize on data insights without making a substantial initial investment in skills and resources.
Steps to conduct a feasibility study for M&As
Ever wondered how successful companies manage to expand their businesses rapidly and maximize their profits? One of the most effective ways to do this is through effective mergers and acquisitions (M&A) backed by robust feasibility study. M&A involves the consolidation of enterprises to improve business management and promote resources for effective growth. It’s like two companies coming together to form a powerful business alliance. However, the process is not as simple as it sounds. It requires careful planning, insightful communication, and exceptional organization and management skills. In this article, we’ll delve deeper into the world of mergers and acquisitions and explore why they are crucial for businesses that want to scale up quickly.
Maximizing Opportunities: The Role Of Market Research In Cpg Strategy
Digital disruptions have significantly altered how brands and consumers interact in the CPG industry. Companies typically launch products that appear to be suitable for consumers. CPG brands, for their part, rely on comprehensive market research; like a market assessment study to make products available to consumers based on their needs and preferences.
How to conduct a sustainable UI/UX study
Studies show that carbon emissions generated by the internet, devices, and systems that support it account for 3.7% of global greenhouse gas emissions. That’s more than all aviation emissions (2.5%). It doesn’t end there. Research conducted by green the web found that a single web page consumes on average 1.76 g CO2 per page view. As businesses, the question we need to ask ourselves is how much every click on our website costs the planet.
The power of data: how pricing and assortment intelligence drives business success
In a space where competition is only growing fiercer by the day, e-commerce players of all sizes are constantly seeking to juice out data that can help them drive timely and relevant market moves to win. Here’s where pricing and assortment intelligence prove crucial. Marketplaces eager to design new strategies to be able to offer the best prices across the industry are always on the lookout for an opportunity to beat the competitor’s pricing, all while monitoring how their competitors present their products on online platforms.
Winning The Medical Device Market: How To Build A Successful Gtm Strategy.
Executing a strong go-to-market strategy that reduces cost and risk are critical for a company eager to achieve a successful product launch. The global medical devices market attained a value of about USD 462 billion in 2020. The market is expected to grow within 2023–2028 at a CAGR of 6.1% to reach nearly USD 661 billion by 2026. To succeed amid breakneck competition like this, medical device players will need a solid go-to-market strategy. One that ideally aligns with customer needs, defines the right market segments, and refines value propositions.