What role can technology and digitalization play in 21st-century?
Additive Manufacturing
Internet of Things (IoT)
Digital twins
AI
Additive manufacturing is not just for hobbyists, but many people have made successful businesses working on the technology. Refined products can be created using additive manufacturing, including prosthetics, custom teeth and attractive showpieces. Even chocolate can be printed in different shape
IoT technology renders ease to users by managing their homes, offices and industries remotely, using only their mobile phones. Different electronic companies are attempting to create IoT enabled devices that will be easier to use for the end customers. This is a sustainable technology with widespread applications that yields a competitive edge for brands and products. IoT makes homes more secure.
Digital twins technology finds widespread applications in our lives. In the automotive sector, a virtual model of a connected car can be created that yields access to behavioral and operational data, and helps analyze the vehicle’s overall performance. Similarly, in retail, digital twins aids with in-store planning, security implementation and optimized energy management. In healthcare, digital twins facilitate preventive healthcare management, patient monitoring and cost savings.
While AI has many applications in our lives, it is transforming the way business is conducted across the world. Using large data sets helps financial institutions figure out shady or potentially shady dealings. In digital marketing, customer preferences and strategies that bring success can be instantly found out. Similarly, in healthcare, Big Data withholds the key to figuring out many health conditions in advance, including the outbreak of pandemics.
visit our website- www.sudarshancadd.com