Covid-19 pandemic has disrupted the life and lifestyles of people across the globe. It has impacted life and work in ways that were unimaginable and will have a long-term effect that leads to a new “normal”.
Business and IT are tightly interrelated and to a decent point, each and every company is a technology company.
In this wake of the pandemic, the movement of people is restricted and businesses are either grounded or forced to operate online, so digital solutions are trending. In running day-to-day operations most organizations rely on digital technologies.
Artificial Intelligence & Machine Learning
One of the most important implementations of AI is prediction. Being able to make accurate predictions on market trends, product demand and success of marketing campaigns can have a major impact on CPG’s success.
Internet of Things
Consumers are increasingly turning into Internets of Things (IoT) devices enable internet connection beyond computers and smartphones with the possibility of remote control. This technology will enable us to predict and treat health issues in people even before any symptoms appear. Personalized approaches concerning prescribing medicines and applying treatments will appear.
Blockchain
The COVID-19 crisis has revealed a general lack of connectivity and data exchange built into our global supply chains. Supply chains across the globe were impacted by the virus. There is a dire need to build transparent, inter-operable, and connective networks. Blockchain, if deployed correctly, has the potential to fix damaged supply chains by processing and verifying transactions quickly.
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