Articles

AgriTech To Grow Multi-Fold During The Forecast Period
June, 2019

The AgriTech is a relatively new market and the application of various advanced technologies in agriculture has been limited till now. The AgriTech market is becoming competitive with the presence of many vendors. It also offers ample opportunities for the vendors to grow as we expect a greater number of organizations to invest in AgriTech that addresses few burning areas of farming issues. The focus of the AgriTech companies has been to push farmers with data-driven approaches that help in greater yield prediction, pest control, modified seeds [...]

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Millennials favour facial recognition as verification software
June, 2019

Advanced facial recognition software enables surveillance systems to identify or verify a person in real-time. The technology can be used to analyze both digital images as well as streaming video frames from a video source using multiple methods. The most commonly used technique involves facial feature extractions and subsequently comparing it with existing databases. Advanced techniques using artificial intelligence for analyzing patterns in various facial features are being increasingly used to enhance the facial recognition capabilities.< [...]

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Rise of Esports Arenas
June, 2019

Esports is a form of online/offline video game competition conducted generally between professional players. Esports is hosted in Esports Arena - a building designed and constructed for hosting gaming competition with large HD displays and seating capacity for a large number of people.Europe and North America are witnessing a growth in construction of Esports Arena mainly due to growing popularity of Esports among millennials. Most of the audience of Esports include a category of people who are more inclined for watching med [...]

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Market forces driving AI-based chatbot opportunities
June, 2019

Chatbots are increasingly gaining popularity amongst the enterprises as they help in growing the business by enriching customer service programs. Chatbots are mostly used as an information acquisition tool, where customers extract product details and clarify their queries by interacting with chatbots. Chatbots, by using AI and NLP to imitate conversations with real people, offers a conversational experience to the customers by understanding the context and sentiment during conversations.The improved accuracy and sophisticati [...]

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AI Powered Chatbots for Customer Support and Service
June, 2019

Customer Support and service is one of the major factors for success of any business as it directly contributes to the brand value of the company. Companies that offer good customer service are more profitable and productive and chatbots help in achieving this goal.How AI powered chatbots are improving customer support and service1. Enhanced Customer interaction and increased engagementAI powered chatbots help by recognizing the [...]

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Smart Facility Management
June, 2019

Top Fortune 500 companies are expanding their efforts to reduce the emission of greenhouse gases in their facilities. The smart facility management market is becoming competitive with the presence of many building technology vendors. It also offers ample opportunities for the vendors to grow as we expect a greater number of organizations to implement smart facility management solutions. Many organizations outsource their building management to third parties. Organizations are facing tremendous pressure on strictly adhering to environmental regu [...]

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What is a security operations center?
June, 2019

What is a security operations center?As per definition, security operations center (SOC) is a facility within an organization, which houses the information security team. It aims towards protecting an organization from any sort of security breach. A team of security analysts, security engineers and management set out to identify, analyze and react to cyber security threats. Earlier, SOC [...]

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Increasing Income Levels and Awareness on Conserving Wood will Push Wood Sealer Demand Growth at 8.1%
June, 2019

The global wood sealer market is projected to reach a value of $2.68 billion by 2024 owing to the increasing consumption from application sectors such as furniture, building & construction, and sports equipment among others. The wood sealer market is highly fragmented with numerous players operating within each segment across geographies. Major changes in the industry are happening with increasing consumer acceptance of premium products than prevailing low-efficiency products.Although the US leads the market at count [...]

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Are Business Consultants Really Worth It?
June, 2019

What is a business consultant?The concept of business consultant refers to the team of management personnel, who through their years of experience and expertise solve issues, that an organization faces while functioning business as usual. The business consultants ensure improvement in operation and overall performance of both, the management and the company. It depends upon the consulting firm, if its focus is on a single industry type like healthcare, IT or marketing. There are business consulta [...]

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Misconceptions about Market Research
June, 2019

Impact of market research on organizationsMarket research enables an organization with insights that no one else does. It creates a strong footing for the company to operate in a competitive environment. Often companies depend upon market research as a business intelligence tool to improve operational efficiency. Unfortunately, there are certain misconceptions that prevail about market research. However, organizations can definitely gain over their competitors, if they partner with a reputed mark [...]

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