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Best Technological Innovations In 2019

In this modern era, technology plays a critical role in finding solutions to all the challenges our world faces today from income inequality to climate change. Today’s technological solutions always shape tomorrow’s world. This year’s emerging technologies demonstrate the rapid pace of human innovation and offer a glimpse into what a sustainable, inclusive future will look like.

Here are the best technological revolutions of 2019 that are disrupting the existing workflow and industry:

5G: MOVING, MANIPULATING, AND ANALYZING DATA

5G network has greatly emerged and enhanced the ability to move, manipulate, and analyze data across wireless platforms. As 5G is coming fully in the near future, it will bring great growth in more complex apps to resolve issues and enhance progress across industries.

No other technological developments have impacted business as effective as 5G. It has wireless connectivity at the speed and latency that are needed for complex solutions like driverless vehicles. Additionally, once 5G gets fully deployed geographically, it will help emerging markets realize the same ‘speed of business’ as their mature counterparts.

MICROBIOMES: GENETIC ANALYSIS OF BACTERIA AND MICROBES

Microbiomes are basically the genetic analysis of bacteria and microbes. As technology evolves, so do the microbes like bacteria that enter the human food chain– in farms, factories, and grocery stores – increasing the quantity of food while also posing a health risk. The latest advancement in the genetic analysis will make it easier to monitor and track the spread of these microbes and also understand the impact on human health.

With the support of Microbiomes, we will be able to understand how they travel and interact with the food chain will lead to further reductions in food waste and lessen the human cost of illness due to contamination.

REVOLUTION IN RECYCLING: BREAKING UP PLASTICS AND MAN-MADE POLYMERS

The recent revolution in recycling will increase the efficient ways of breaking up plastics and man-made polymers. Apart from spreading awareness about the pollution being caused by our reliance on disposable plastic, development in this field will cut the damage to the ecosphere ad also cut the environmental cost of the production of plastics.

Advancement in recycling means new methods of catalytic polymer “digestion” like VolCat that include developing chemical processes to more effectively break down plastic refuse into a state where it can be fed back into the manufacturing process.

BLOCKCHAIN AND DRONES: ENHANCING THE WORLD

Blockchain is the latest innovation of the technological world. These days, many organizations are exploring and implementing blockchain to tackle the increased demand for securing and managing transactions across the internet. Drones are amazing and are used in multipurpose.

Drones enable robotic automation with some geographical restrictions. As drones have numerous advantages, opportunities for development and integration are high for this market. Soon, in the coming days, drones will be used for different work.

These are the top solution for the modern world that will simplify the task and bring enhancement in the world. Hopefully, you find this article interesting and informative.

Customer Relationship Management – A Complete Guide

A single repository to brig sales, marketing, and customer support activities together, CRM or Customer Relationship Management is basically an approach that helps businesses improve existing customer relationships and acquire new customers. This amazing software helps you focus on your organization’s relationships with individual people- including customers, service users, colleagues or suppliers-throughout your lifecycle with them.

CRM software gives everyone- from sales, customer service, business development, recruiting, marketing or any other line of business- a better way to manage the external interactions and relationships that bring growth. It allows business owners to store customer and prospect contact information, identify sales opportunities, record service issues, and manage marketing campaigns, all in one main location.

Types of Customer Relationship Management

CRM Software
CRM Cloud Solutions
CRM Human Management and Artificial Intelligence

Importance Of CRM For Business

Garner has presented a report saying that CRM software revenues have now overtaken database management systems to become the largest of all the software markets. In this highly competitive era and with so many products and services to choose for, customers are picky and customer loyalty seems to be a thing of the past. The moment a product is launched in the market, it has taken a very short time and it becomes a commodity. CRM helps prioritize sales and marketing efforts when dealing with different customer groups.

How Does It Work?

CRM is considered just technology but, it is much more than that. Let’s see the work of CRM in customer-centricity, customer data management, and automation.

Supports a customer-centric strategy
Centralizes all your customer data
Automates customer-facing business processes
Customer-facing process automation

WHO ARE BENEFITTED?

Small Businesses

If you have a small business and you wish a competitive edge in your marketplace, a CRM solution can work here. It will take the burden of IT management off your employees by automating your business process and let you focus on more important aspects.

Giant Business

In case, you have a well-established business, you can simplify and improve even the most complex customer engagements with an array of CRM tools that scale to fit your needs. Bring CRM software in your business and communicate with the customer in an improved manner, track all sales leads efficiently and grow your business overall.

Running A Business Without CRM

Without the technological solution, you get more administration; more administration means less time for everything else. Your sales team can generate a flood of data, meeting prospects and finding out valuable information- but all this information gets stored in handwritten notes, laptops or in the head of your salesperson.

In this modern age, buyers no longer need you to tell them what they need anymore. They are award what they want since they have been searching on the Internet through different channels. Now, they wish to be treated as individuals. They want to feel like their business matters to you and that you care.

Overall, go beyond sales force automation to better understand customer needs, engage more effectively and win more deals with the support of CRM solution.

Latest Innovation in Electronic that are shaping the Future of the Industry

The era of modern electronics initiated with the invention of the transistor in the year 1947 and silicon-based semiconductor technology. Now after so many years, we are surrounded by numerous advance technologies, electronic devices and we rely on them in our everyday lives.

Here, we have come up with latest modern innovations that have completely transformed the industry:

Virtual Reality

Virtual Reality works great in electronic manufacturing companies to enhance manufacturing efficiency. It mainly referred to as digital design, integration, and simulation. It enables companies to inspects design objects at all conceivable scales, thereby removing defects in the product in the design stage.

Artificial Intelligence

Artificial Intelligence has become a mainstay of the electronics sector in consumer tech. AI works on different verticals from big data analytics to speech recognition to predictive teach. It is virtually integrated into every piece of IoT technology and is transforming the way companies do business. AI took the center stage at the CSE 2019 and showed how this will affect every aspect of life.

Robotics and Automation

Today, various electronics equipment companies use robotics and automation to boost the efficiency and productivity of the crop. These sensors are widely used on different machines to access priceless data to enhance efficiency as well as decrease the potential damage. Thereby increasing the use of automation and robotic technology to boost productivity and cut production cut.

IoT Technology Driving Smart Household Appliances

Home appliance manufacturers integrate their products with IoT technology to ensure that your customers are comfortable and convenient. IoT is the interconnection of physical objects and devices that are integrated with sensors and software. These technological solutions allow them to exchange and collect data. The major technologies allow smart home appliances like Wi-Fi, micro servers, micro-electromagnetically systems and Bluetooth Low Energy.

5G to Open Up New Verticals

5G is the next-generation mobile data network technology; it offers more speeds than those provided by today’s cellular and cable operators. However, the applications of mobile 5G are very far away from being available for the public. Verizon unveiled its 5G Ultra Wideband; it will alter the virtual gaming landscape with the ability to deliver heightened virtual reality experiences. 5G technology is bringing revolutionary changes in the electronic field.

Self-driving Vehicles

As technology is continuing to transform the auto industry, it has also brought amazing transformations. This year’s CES provided a lot of advanced automotive tech, some of them can be seen in the not-so-distant future. Some of the innovations unveiled at the CES this years in the electronics industry include electric vehicles, large-screen infotainment systems, talking cars, flying taxis, autonomous cars, etc.

Voice-assisted Personal Entertainment Systems

When it comes to personal entertainment spaces in the electronic space, voice-assisted systems have opened up a new level of work quality. LG unveiled its latest Signature Series OLED R, a rollable television that rises out of a box on the touch of a button. facilityresults.com

Importance of Digital Marketing for E-commerce Stores

Using digital marketing can create huge revenue as it supports to get customers and brand value. Today, customers are no more dependent just on the content or word-of-mouth before making a purchase. They check the reviews about any particular product or service on all the platforms on which the product listed.

As per the recent reports, 37 million social media visits let to 529,000 orders on average. In which, the biggest social network Facebook supports to get more traffic to the site that leads to sales constituting an average of 85% of all the orders. It has become vital to grab consumers’ attention as they get distracted easily. This is where Digital Marketing comes into the frame and its importance came into light. Here, we are listing some more points that show the importance of digital marketing for an e-commerce store:

Equal Opportunity for all

Online marketing presents an equal opportunity to all kinds of the business unlike old days scenario when multinationals and big business house mostly embraced in the market. Small and medium scale businesses or startups now have the assets to perform sales and marketing processes. Before digital marketing, these opportunities were accessible only to giant companies.

Cost-Effective Solution

Digital marketing is more cost-effective than traditional marketing. It allows small businesses with no assets and capitalization to find a superior and financially savvy marketing channel in the marketing. Data says that up to 40% of respondents claimed to get considerable savings by utilizing digital marketing techniques of promotion for their products and services.

Delivers Conversion

With the help of digital marketing, you can easily measure accomplishment by the rate of approaching traffic gets converted into leads, supporters, subscribers, deals or sales. It is not like traditional marketing techniques, there occurs no conversion, where all your marketing endeavours will go to squander.

Generate Better Revenues

Apart from the better conversion rates, DM also assures you for amazing revenues. It conveys heaps of gainful benefits for you and your business appreciates better as well as higher incomes. You can gain better odds of optimizing your business by utilizing different digital advertising strategies.

Interaction with Targeted Audiences

Digital advertising methods effectively cooperate with the target audience and assure result driven interactions. This role makes you sure that the engagements that your clients hope to get while interacting with your business. When you facilitate your clients with legitimate engagement, you came to know your prospect’s needs.

Great for Mobile Consumer

Present-day, mobile marketing is the most advanced way for data dispersal that is also today’s basic correspondence channel. These mobile phones have become a major part of our life. With digital marketing, you can easily connect with those mobile users and convert them into potential customers.

Create Brand Loyalty

The best part of digital marketing is that it can pull the target audience. It also creates a reputation for your brand and might intrigue enough to buy what you bring to the table. When you offer what you guaranteed. It will allow you to build up a superior association with them that ultimately influences them to develop into paying clients.

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Microsoft acquires conversational AI and bot development firm

SAN FRANCISCO: Microsoft has announced to acquire a conversational Artificial Intelligence (AI) and bot development company XOXCO for an undisclosed sum.

Texas-based XOXCO has been paving the way in conversational AI since 2013 and was responsible for the creation of Howdy, the first commercially available bot for Slack that helps schedule meetings.

“It also developed Botkit which provides the development tools used by hundreds of thousands of developers on GitHub. Over the years, we have partnered with XOXCO and have been inspired by this work,” said Lili Cheng, Corporate Vice President, Conversational AI at Microsoft on Thursday.

Conversational AI is quickly becoming a way in which businesses engage with employees and customers — from creating virtual assistants and redesigning customer interactions to using conversational assistants to help employees communicate and work better together.

According to Gartner, “by 2020, conversational artificial intelligence will be a supported user experience for more than 50 percent of large, consumer-centric enterprises”.

The Microsoft Bot Framework, available as a service in Azure and on GitHub, today supports over 360,000 developers.

“With this acquisition, we are continuing to realise our approach of democratising AI development, conversation and dialog, and integrating conversational experiences where people communicate,” said Cheng.

Over the last six months, Microsoft has made several strategic acquisitions to accelerate the pace of AI development.

The acquisition of Semantic Machines in May brought a revolutionary new approach to conversational AI.

In July, it acquired Bonsai to help reduce the barriers to AI development by combining machine teaching, reinforcement learning and simulation.

In September, Microsoft acquired Lobe, a company that has created a simple visual interface empowering anyone to develop and apply deep learning and AI models quickly, without writing code.

“The acquisition of GitHub in October demonstrates our belief in the power of communities to help fuel the next wave of bot development,” Microsoft said.

Cybersecurity: Eight Ways You Can Boost Employee Buy-In

Cybersecurity threats are an ongoing problem, and one that’s growing: It’s hard to go a month without some organization reporting a breach or other problems. There were, for instance, more reported instances of data breaches in the U.S. during the first half of 2018 than in all of 2013, according to a report on Statista.

Yet, no matter how extensive cybersecurity measures are, the human element is a regular issue: Specifically, how well employees comply with the new procedures, sometimes handed down from people far removed from the employees’ department, who don’t necessarily understand all the ins and outs of how those employees do their daily work. A well-thought-out plan can go sideways, for instance, if team members ignore some of the steps involved to save time or avoid hassles — something quite possible, if they don’t understand why a task exists in the first place.

So how do you ensure individual buy-in, in order to keep your organization protected against data breaches or other security issues? Below, eight members of Forbes Technology Council share their preferred methods for boosting cybersecurity buy-in, as well as discuss why the approaches work. Here’s what they said:

Make Understanding A Priority

Security and compliance actually have two separate goals. A compliance program should focus on the minimally invasive way to meet all public policy and industry rules to prevent fines or other sanctions. Security is about providing the correct level of protection to make an asset an unattractive target for a criminal. When employees understand the objective and outcome, you create buy-in. – Bret Piatt, Jungle Disk

Lay Out All Of The Facts

It has become abundantly clear in the last 12 months in the world of cutting-edge technology companies, that customer data must be protected and respected to a massive degree. Such behavior does not merely grant your firm a competitive advantage. Rather, it is singularly pivotal to your firm’s very survival in the digital age. Make this fact clear to your teams on day one, and every day after. – Zia Yusuf, Velocity

Clearly Define Policies

Often employees are left guessing “what’s our policy?” The ISO Compliance regime allows companies to clearly define those policies or rules, and then audit. Employees aren’t left guessing, for example, whether they can connect their personal Bluetooth fitness tracker. Employees need to feel good about their role in security, model good behaviors, and to be the sentinels when things don’t look right. – Phil Quade, Fortinet

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Make It An Employee-Managed Initiative

Make cybersecurity an “employee-managed initiative.” Involve them in the “internal security committee” that tracks compliance. Communicate cybersecurity’s importance and the impact it has on the business using terms and language they understand. We use comic book-like imagery and sci-fi and comic language in posters across the office that reinforces the message without being suffocating. – AshwinRamasamy, PipeCandy, Inc.

Demo A Break-In

Typical security procedures seem more like theatre than security, forcing employees through repetitive steps with no clear meaning. One of the best ways I’ve found to get employee buy-in is to demonstrate how vulnerable the company is to security violations. You can do this by having employees attempt to break in themselves, or watch someone else do so. It makes security real to watch it fail. – Sean Byrnes, Outlier AI, Inc.

Read more in The Cybersecurity Maturity Model: A Means To Measure And Improve Your Cybersecurity Program

Create Security Roles

Protecting your company against attacks includes having a reliable team of experts in place who will identify risks in your network and business systems, while proactively creating mitigation strategy. Creating security roles and setting limited access required by each position and educating employees by holding yearly cybersecurity seminars will play a vital role in cybersecurity compliance. – Lana Vernovsky, Dynamics Resources

Illustrate Importance

The best way to improve employee buy-in and compliance on cybersecurity features is to illustrate the importance of these issues. Regular training can help improve your employees’ understanding of company policies and will help to strengthen mutual goals, even through interpersonal differences. – Schieler Mew, CS Design Studios

Make It A Part Of New-Employee Orientation

In our industry, we deal with sensitive customer data, including their bank account information. As part of new-employee orientation, I personally ask all new employees to safeguard this data and explain how our policies and training help us exceed customer expectations on protecting their confidential data. – VinayPai, Bill.com

Rocky 2019 Warned by Middle Real Estate Tycoon

A mogul of Middle East real estate development, Emaar Properties Chairman Mohamed Alabbar, said that the region has plenty of development opportunities despite geopolitical tensions and difficulties doing business. “If I was to look at the region as a whole I’m still positive,” he told CNBC at the Milken Institute MENA Summit in Abu Dhabi on Wednesday. However, he cautioned investors to remain prudent in the longer term. “I’m just careful about what is 2019. I’m just worried that we’ve been having a good time for too long. So I just hope that 2019 goes well … So make sure your balance sheet and debt level is at reasonable levels, so if there’s a shake-up you can handle it,” he said.

Emaar Properties is a real estate development company based in the United Arab Emirates (UAE) which is responsible for developments throughout the country and the wider Middle East, and beyond.Founded in 1997, Emaar Properties has been responsible for much of the development of Dubai, including the iconic Burj Khalifa, the world’s tallest building. It has also developed shopping malls and residential property, hotels and entertainment venues. The real estate firm also has developments further afield such as in India and Pakistan. Speaking to CNBC, Alabbar summarized the outlook for the company.

“My view is that Morocco is doing well for us, I would say Egypt is doing extremely well; Saudi Arabia with all the restructuring going on, it’s going to be a fabulous opportunity. In the UAE, we still expect to grow 20 percent on an annual basis,” he said, noting that the company’s growth in India was recovering and Pakistan was doing “reasonably well” for the firm.

Alabbar said the company had achieved around $5 billion of sales in 2017 and close to $1.8 billion of net profit with the company growing around 20 to 25 percent on an annual basis.

“Trust me, the margins, the opportunities and the growth I’ve been having in the Middle East over the last 20 years — even if you make a mistake, it’s so worth it,” he said, although he noted doing business in the wider Middle East had its challenges.

“Of course if I’m doing business in the UAE, it’s comfortable, it’s safe. But if I have to go to Cairo (in Egypt) I have to know the government, I have to know the mayor of Cairo, the mayor of Alexandria. But that’s what we do, that’s what we’re paid for, that’s what we have to do to grow our business,” he said.
The Middle East is certainly not a region for the faint-hearted. There is ongoing geopolitical turbulence caused by the continuing conflict in Yemen, uncertainty in Syria and Iraq about the possible resurgence of terrorist group Islamic State and internal disputes within the Gulf Cooperation Council (with Qatar being sidelined by

Saudi Arabia, Bahrain, the UAE and Egypt), not to mention perceived proxy wars between Saudi Arabia and Iran.
Couple these issues with economic instability, prompted by the lower oil price, and there’s a combustive mix for most businesses. Alabbar said it was nothing new, however, and that the region was ripe for real estate development and infrastructure investment.

“I think that what the Middle East is going through is, unfortunately, not new … But the truth is that the opportunities exist — there are millions of people who have to go to school, they have to shop, they have to find jobs and open new factories, there’s tourism, so therefore that will contribute to economic growth in the whole region.”
Asked about Emaar Properties’ balance sheet, Alabbar said there had been difficult times.
“2007, 2008 and 2009 was very painful and I try not to forget the lesson. And I deal with bankers with a lot of respect but when they come and tell me ‘your balance sheet is not very efficient’ I know that I’m doing a good job. So I like to keep my debt at a very reasonable level. Then again, we have to do business, we have to be aggressive but at the same time we have to keep our eye on the cycle.”