Conversational AI chatbots are a new vector of artificial intelligence use case that makes the user experience satisfactory, providing immediate response. This technology enables users to converse with applications through various means, such as via text, voice, touch, or gesture, which are closely the same as humans. Users find it much more impressive as they can communicate with their vocabulary and terminologies.
Power BI (Business Intelligence) is a business analytics platform/service provided by Microsoft. This service aims to provide interactive visualizations and business intelligence, enabling the end-user to create individualized reports and dashboards independently. Especially for retail businesses, Power BI helps them meet the dynamic customer demands in advance with actionable insights. Microsoft Power BI service is based on cloud service, which also offers a desktop-based interface.
Data is everywhere in the form of values, text, numbers, pictures and so on that can be stored and used anytime when required. The importance of data and data storage systems has gained recognition since businesses find the potential of big data and its use cases. The data was with us always, but the possibilities to use it effectively were an arduous task.
Automation of operational tasks frees the workforce to strategize and innovate in their respective quarters and develop new mechanisms to accelerate an organization’s overall performance. That paved way for low code platforms to become a new reality in the realm of app development. Microsoft’s Powerapps is one such platform whose usage has flared up in recent years as a solution that enables app building with zero knowledge of codes and programming.
To keep up with today’s competitive landscape and with the new normal induced by the pandemic, organizations must modernize their ventures, instigate innovation and be more agile. However, the process of replacing legacy systems isn’t precisely as agile as one thinks it would be. It takes time, and that’s something your company doesn’t have. You need solutions that consolidate years of transformation into mere months.
In an expanded and commercial industry space new and innovative opportunities are presented to retail organizations from several novel sources of data, log files, and from transaction information to sensor data to achieve unmatched value and combative advantage in their respective fields. In order to attain customer satisfaction and to flourish their business, people across the organization must be empowered, so that swift and accurate decisions can be attained.
To many businesses, the pace of innovation and speed to market has been hindered by the legacy infrastructure. This is mainly due to the closed structures and inflexible old-school architectural formats that they follow. The decades-old infrastructure hesitates to scale up with the growing business demands and realize advanced cloud-based technologies.