Generative Artificial Intelligence (Gen AI) has taken businesses to the edge of a new frontier that promises unprecedented levels of productivity, innovation, and new revenue streams.
The typical smart home has devices by multiple brands. This brings several service areas up for competition. Vendors may have individual apps to control their respective devices. However, an app that offers universal smart home controls would set trends. This is one of the obvious gaps asking to be filled by market savvy enterprises.
Competition to secure retail consumers has resulted in price cutting, as differences in service features is marginal.
Winning in the digital economy means moving from digital silos to establishing your business as a platform using APIs.
We're living in a connected world. We associate with people world-over through social media channels like WhatsApp, Facebook, Blogs, etc. This is Web 2.0 and we will run into plenty more options to 'connect' with people.
Ubiquitous means everywhere and anywhere. Also called Ubicomp, ubiquitous computing is the concept of proper imbedding of computers into the everyday world. Ubicomp can be considered as a subset of Internet of Things (IoT). It’s also called pervasive computing.