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Here is a list of terms online business owners should know to stay updated as ever with the latest e-commerce trends: http://bit.ly/2NU5NJQ
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MustknowNew TechTermsFor EntrepreneursIn 2019
You might have come across several ones and will get to know about many others over time. The sooner you get a hang of these terms the faster would be your process of understanding and implementation of the same. It’s also really important to stay updated with the latest trends and technology to know what’s attracting attention these days and also to strike relevant conversations.
Artificial Intelligence (AI)
Itisanotherpowerfuldynamicofcomputersciencethataimsat creatingintelligentmachines. Impartingmachinestheabilitytoperformtasksthatwouldhave otherwiserequiredhumaninterventionistheconceptthatAI upholds.
Machine Learning (ML)
Machinelearningenablesmachinestoimprovewithexperience throughautomatedlearningwithouttheneedforexplicit programming. Machinelearningisanextensionofartificialintelligenceitself. It’snothingshortofrageinthecurrenttimes.
Achatbotisanotherpopularapplicationofartificialintelligence thatcanhelpconductaconversationwithhumanusersover messagingapplicationsorphone. NaturalLanguageProcessingandAI,combinedchatbotsare progressingphenomenallyandimprovingcustomer interactions.
Virtual Reality (VR)
Itisasuperimpositionofimagesintherealworldusingcomputer technologycreatingastimulatingenvironment. Theexperienceishighlyimmersiveasthetechnologyplaces usersinsidetheartificiallycreatedatmosphere.
Omnichannel Selling
Omnichannelsellingcancommonlybeunderstoodastheidea ofsellingthatistargettedatprovidingcustomersseamless shoppingexperienceacrossmultiplechannels. Foromnichannelsellingunlikemultichannelinvolvesthe integrationofallthemediumsatthebackend.
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