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Radhika Das
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Radhika Das 2021-05-23

Augmented Reality (AR) is one such technological marvels that hold the massive potential to transform both human experiences and business operations.Augmented reality creates a totally new kind of environment using everyday devices such as smartphones or tablets, thereby blurring the lines between the physical and the virtual world.

To be precise, AR enhances the real-world environment around us by incorporating virtual objects within the real environment.Augmented reality is a crucial driver for both tech and business.

Estimates suggest that by 2021, AR will become a $215 billion industry, with the total market revenue growing at an estimated CAGR of 73%.According to industry experts, a major share of the revenue will accrue to gaming, healthcare, education, and retail industries.

So, it is safe to assume that augmented reality for businesses is going to be the next big thing.Today, businesses have already started leveraging AR technology.

Here’s how:Object Visualization for Enhanced Shopping ExperienceBoth online and offline retailers can create an enhanced shopping experience for their consumers simply by converting a smartphone or a tablet into an AR platform.

Using AR, a student or a trainee can grasp concepts much more elaborately unlike the real-world scenario.According to Brian Blau, a Gartner research director, with AR, “You can practice it over and over again.

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Radhika Das 2021-05-23

Personalized banking or relationship banking is an aspect that focuses on effective customer engagement.

Artificial Intelligence and chatbot for banking is a powerful tool that can help a business achieve results in this area.

AI chatbots for banking can be deployed for such processes as they can deliver better results without the disadvantages of human downtime and fatigue.According to Lauren Foye, by 2022, banks can automate up to 90% of their customer interaction using chatbots.

A survey conducted by Spiceworks showed that 40% of large companies employing more than 500 people plan to implement one or more intelligent assistants or AI-based chat robots over corporate mobile devices.Chatbot for BankingCustomer engagement is an integral part of any sales-driven industry and the banking sector is not an exception.

Here is how an AI chatbot can improve the customer service experience in the finance industry.Personal Banking Financial products are unique and the same policy or service may offer different financial advantages or disadvantages to two different people.Therefore, institutions are focusing more on gathering wealth-related information about their potential and existing customers and offering products and services accordingly.Enterprise AI chatbot for banking can be of great help in collecting crucial data and conducting surveys that are precise, relevant, and brief.Personalized Marketing AI chatbots help in personalized marketing as well.

Institutions can collect highly personalized information from existing and potential customers such as their income, income sources, investment habits, and preferences.This information can be used for creating personalized marketing campaigns and ultimately personalized products.

collect
0
Radhika Das 2021-05-23

Augmented Reality (AR) is one such technological marvels that hold the massive potential to transform both human experiences and business operations.Augmented reality creates a totally new kind of environment using everyday devices such as smartphones or tablets, thereby blurring the lines between the physical and the virtual world.

To be precise, AR enhances the real-world environment around us by incorporating virtual objects within the real environment.Augmented reality is a crucial driver for both tech and business.

Estimates suggest that by 2021, AR will become a $215 billion industry, with the total market revenue growing at an estimated CAGR of 73%.According to industry experts, a major share of the revenue will accrue to gaming, healthcare, education, and retail industries.

So, it is safe to assume that augmented reality for businesses is going to be the next big thing.Today, businesses have already started leveraging AR technology.

Here’s how:Object Visualization for Enhanced Shopping ExperienceBoth online and offline retailers can create an enhanced shopping experience for their consumers simply by converting a smartphone or a tablet into an AR platform.

Using AR, a student or a trainee can grasp concepts much more elaborately unlike the real-world scenario.According to Brian Blau, a Gartner research director, with AR, “You can practice it over and over again.

Radhika Das 2021-05-23

Personalized banking or relationship banking is an aspect that focuses on effective customer engagement.

Artificial Intelligence and chatbot for banking is a powerful tool that can help a business achieve results in this area.

AI chatbots for banking can be deployed for such processes as they can deliver better results without the disadvantages of human downtime and fatigue.According to Lauren Foye, by 2022, banks can automate up to 90% of their customer interaction using chatbots.

A survey conducted by Spiceworks showed that 40% of large companies employing more than 500 people plan to implement one or more intelligent assistants or AI-based chat robots over corporate mobile devices.Chatbot for BankingCustomer engagement is an integral part of any sales-driven industry and the banking sector is not an exception.

Here is how an AI chatbot can improve the customer service experience in the finance industry.Personal Banking Financial products are unique and the same policy or service may offer different financial advantages or disadvantages to two different people.Therefore, institutions are focusing more on gathering wealth-related information about their potential and existing customers and offering products and services accordingly.Enterprise AI chatbot for banking can be of great help in collecting crucial data and conducting surveys that are precise, relevant, and brief.Personalized Marketing AI chatbots help in personalized marketing as well.

Institutions can collect highly personalized information from existing and potential customers such as their income, income sources, investment habits, and preferences.This information can be used for creating personalized marketing campaigns and ultimately personalized products.