Aug 1, 2014, 4:30 PM
One thing is for sure that Technology is saving us time. If we are measuring our lives with time then technology is the answer. - Banks have stopped cash counters, stopped printing passbooks, stopped interacting with customers to a great extent and automating things that otherwise would take their entire day to do mundane work. Thanks to Technology. - Healthcare is now getting wearable technology to the market for disease preventive intelligence with the use of data analytics. - IOT has enabled to connect devices, assets and equipment, vehicles and assemble and analyze data to prevent theft, preventive maintenance and repairs, warranty claims and others that saves significant costs - Governments and other financial institutions have implemented distributed ledger for transparent transactions and brought tractability into it to protect the interest of the stakeholders. - Lots of startups researching on technology have sprouted across the world - Agriculture has tremendous potential for technology adoption as there is scarcity of Labor with rising costs due to penetration of mobiles in the rural areas. Young rural population does not work and are shifting to urban areas accepting non-agricultural jobs - Robotic process automation is going to replace customer service representatives and answer to the questions asked by customers in real time by adopting artificial intelligence - We also see tremendous potential of Drones that can carry Basic Health Kits to the patient when he is tuck at a Traffic - Every Business wishes to create a Mobile App with a niche segment in mind as there is lot of consumerism built over the last decade or more. You have a market for everything We are responsible and accountable for how best we can use the technology for. I am sure we still have lots of things to achieve yet!