The retail sector has leveraged many technologies that have taken the industry forward. Technologies like artificial intelligence (AI) robots, augmented reality (AR) and virtual reality (VR), the internet of things (IoT), and drones have proven beneficial not only to the sellers but also to the consumers. Retail stores can improve their efficiency and provide better consumer experience by using technology like AR, computer vision and in-store drones.
Using augmented reality (AR) for quality assurance will help manufacturing companies prevent defects during the production process, eventually helping them deliver the best products to customers.
The use of technologies like artificial intelligence (AI) in government services has increased in the past few years. Governments are leveraging these technologies to achieve sustainable and inclusive socio-economic development.
The biggest concern around the Internet of Things (IoT) is making sure that networks, data and devices connected to them are secure. Therefore, providing IoT security becomes a significant challenge when protecting devices from harmful attacks and unauthorized access.
Tether, the allegedly U.S. dollar-backed stablecoin has been under regulatory iron sights for some time, but that hasn’t stifled its use nor its popularity.
Governments can improve urban planning and reduce congestion by using computer vision in automated parking systems.
Companies need to understand the difference between computer vision and image processing to choose the right technology for the right use cases.