Article | December 8, 2020
This article explores why AI is the highest ROI opportunity.
How revolutionary the technology is as Artificial Intelligence (AI) progresses with each passing day, its implementations are massive and almost every magazine and report has covered it. However, explaining its particular facets and how AI and its subsets of Machine Learning and Deep Learning can transform the way we view life has become imperative.
Both businesses are or will be implementing AI in one way or another, the future of the corporate world. Investing in the right AI will deliver a really high ROI if you know what you’re doing.
Entrepreneurs have nothing to do without their senses and the need for testing. Fortunately, the early stage of AI presents financial investors with a more advanced and profitable strategy and provides valuable strategic perspectives when building a new company.
And small companies now generate reliable data from basic market fluctuations in stock to corporate announcements, and this is just the beginning. It is very difficult to select the important one when transmitting data. What do you intend to invest as a long-term investor? Any finance analysts have worked out how to deal with crucial data over time. At that point, they have stable tools that complement their portfolio of investments.
AI can assess how early-stage start-ups perform for investors and capture the start-up opportunity for success by forecasting sales growth, market size, business expertise over all variables. It will evaluate the details in order to see if the statistics will actually make improvements. This means that investment-worthy startups can afford to start raising funds.
Most investors use AI to make important investment choices. By integrating algorithms, data mining, and language processing, AI can create relationships and models to render proposals based on investor bends. As AI continuously absorbs new data, it will grow as it analyses new information and eventually becomes reliable and far-reaching.
MotherBrain, the Machine Learning system developed by EQT Ventures to classify potential start-ups, applies its algorithm to historical data so as to potentially distinguish investment applicants. The platform uses details such as financial statistics, site rankings, device placement, and social media features that most businesses can physically test and evaluate. Surprisingly, if the invention of Motherbrain has already been accessed as it comes to seed and angel finance for businesses.
Small investors, including angel investors, can also leverage the expertise and services accessible exclusively to historically significant firms. Another real downside for venture capitalists and angel investors is seeking pleasant investment targets before. This is a consistently strong and travel-intensive challenge. However, Machine Learning and Predictive Analytics are starting to shift the strategy.
For other users, there are goods, such as Allegro, an intellectual algorithmic investment focused on AI that is absolutely free from human prejudice. This is a great investing product, but when the market is low on the promise, turn to an equity fund and a debt fund when the market is strong, meaning that the investments are safe.
Indeed, finance managers who are compliant with the implications of the industry are often in a tough position where erroneous data exist or where market flaws occur. These defects may be rumors, financial theft, or innocent relationship slip-ups. Owing to the fact that financial markets are in touch with a constant flow of data, the vulnerability or interruption in the flow appears to be worse than the bad news.
So, what is restricting the implementation of AI in conventional businesses following the pattern of hedge funds? The most important problems arise from massive financial and human capital investment.
Probably the most commonly known inhibitor is the scarcity of available talent pools. As another field, there is a pool of detainees with expertise and experience in the field. The same happens to data scientists and AI practitioners, who usually expect a summary of observations into critical company behavior and goals. Pesa reports that more than 10,000 AI vacancies are available in the United States alone.
Apart from a lack of expertise, investment companies need to respond to the priorities and desires of this unique pool of potential that binds the world of academics, academics, and Ph.D. students. Many of these people do not partake in conventional investing jobs and are motivated by capital and financial security. This talent pool is very common and involves their preference. Instead, investment firms need to build a situation where talent demands are fulfilled, placing a high premium on having a positive impression, taking a shot, and seeking game-changing growth.
When it comes to worrying about money, investors are still trusting in the person behind the idea. This leaves a lot of space for personal inclination and emotional misconduct. Emotional investment is at stake. AI is balancing this out. AI helps investors to rely more easily on research and statistics. We can not empty our current senses, however, we can use AI to circumvent our existence.
The growth estimated for AI is huge and shows that it will rise by billions in the coming years. AI may be much larger, analysts say that this sector would rise 30 percent annually. AI has tremendous potential because it can go from engineering to tech in any field and can affect everything in between.
Applications of AI are massive and it would not be possible to show only a few facets of it. But if you are an entrepreneur and you have a particular interest in getting to know the industry, then you can look at and evaluate it properly. Opportunities are massive, and technology is just going to grow because the world economies have been struck by a pandemic, one area that has exploded is technology.
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Concurnas is a new general purpose open source JVM programming language designed for building concurrent, distributed and parallel systems. Concurnas is easy to learn; it offers incredible performance as well as many features for building modern, enterprise scale computer software. What distinguishes Concurnas from existing programming languages is that it presents a unique, simplified means of performing concurrent, distributed and parallel computation. These forms of computation are some of the most challenging in modern software engineering, but with Concurnas they are made easy.
Article | July 8, 2021
A successful event pays for all the hard work done by the company and the event management team. But along with excellent attendance, more things cater to the success of the event. The audience needs to have a memorable experience and zero hassles throughout the event.
The technology used in the event enhances its experience. Therefore, technology trends in event management play a vital role in the success of any event, plus it also makes the process of event organization relatively smooth and orderly.
Events are no longer just a gathering of people, presentations, speeches, or visuals of entertainment. Instead, there are more of an intriguing and personal experience. Event technology trends have changed the face of events for the audience as well as the organizers. For example, bar codes have replaced paper tickets to mark entry at events. This is a petite example of the use of technology.
AI, RFID, automation, gamification, wearables, project mapping, etc., are some of the event technology trends that have amplified the present event experiences. Let us look at the five major event technology trends in 2021.
Event Technology Trends
Facial recognition is a prominent security feature that Apple has used. It is a success in identifying the phone owner by intimately studying the iris and facial features.
This technology trend is widely used in events and is quite a breakthrough. A scanner is placed at the event gate, wherein the faces are identified for entry access. This experience can further be personalized by generating voice notes with the person’s name. The bottleneck of crowding at the entry is avoided with the use of this trend.
There are endless possibilities that this AI feature can offer. In the upcoming world, it is necessary to adapt to contactless techniques. Hence, facial recognition is undoubtedly going to gain momentum as a smooth and faster check-in method.
AR and VR
Artificial Reality (AR) and VR (Virtual Reality) have become prominent in marketing ideas. As a result, these event technology trends will play a prominent role in enhancing an event experience.
An AR and VR can provide the attendees with a plethora of experiences. Despite being confined to their homes, the audience can virtually visit the event area and have a 360-degree exposure. With the application of augmented reality technology for an event, you can wow your audiences by crafting stories in an entertaining way. This way of storytelling will make sure that your audience listens and experiences the account.
E3 held its conference by totally adopting AR and VR technology. This conference was a hit as it provided the attendees with a real-time view of the virtual reality world that E3 was promoting.
Event technology trends are evolving by leaps and bounds. Event automation is making it possible to plan an event and execute it with minimum manpower-handling and resources. This enhances the event experience and guarantees minimal errors. From designing the venue in 3D to contactless entries, from personalized experience to tracking behavioral patterns, everything is made possible through this event planning technology.
With the emerge of 5G, event experiences will be mesmerizing and involving. AR, VR, live streaming, chatbots will be seamlessly integrated and automated with the event's theme. Skipping the manual labor and shifting to automation provide incredible ROI and attendee experience. In addition, implementing 5G will assure that there are no event technology issues from planning to execution of the event.
Apple, Google, and Facebook have already proved the success of live streaming events. As a result, live streaming an event has become a necessity in the Covid-19 world.
This technology has various benefits. With the implementation of live streaming, a person can attend the event despite different geographical locations (which helps in attaining a global footprint). In addition, online streaming is more engaging and increases the chances of the person attending your events physically.
Live streaming should be available on physical venues. If the event is spread out in a larger place, the audience can attend their favorite event by live streaming. The audience will not miss the session even if they are far from that particular area. This makes the event a grand success.
Live streaming technology in the hybrid event creates a scenario that enables all the interested people to come together and enjoy the event. Although, hybrid events are not a trend, they are the future! Also, live streaming is the ideal solution for events with a tighter budget.
Gamified events see a 44% increase in audience engagement. Gamification is the best way to make the event interactive for the attendees. You can gain a lot of information when the attendees make their choices in the interactive games. This data-gathering process will help you in making your events more personalized for the future.
Rewards, coupons, and free food can be used as motivators for the attendees. Make your event unimaginably successful by organizing quizzes, treasure hunts, and some games relating to your brand.
All you have to do is set up a gamification corner or ask to download the app for a pleasing experience.
The Advantages of Incorporating Event Technology Trends
● It’s safe.
You have access to every place and person who is a part of your event. So, you can keep a lookout for any odd behaviors happening at the event.
● Enhanced guest experience
Your guests will have a magnificent experience as there are easy check-ins, attendance from anywhere, interactive games, personalization, and much more.
If you embrace the events technology trends today, you will be way ahead of the curve. Your audience will be awaiting your events online and offline. Embracing technology trends promises the best outputs and gains for the organizer and the attendees.
Adapting the latest event technology trends is sure to keep your audiences hooked to your brand. Project management tools, AI, and chatbots are meant for personalization of the events and make the task of event organizing simple. Check out all the various event technology, digital tools, and software available for event organization and keep yourself ahead of the race.
Educate yourself about which event technology ideas are the best for your conference, meeting, or event and implement them accordingly. Apart from giving your audience an event to remember, you will find yourself saving a lot of time that goes into event planning.
The pandemic has proved very challenging for the event industry. Thus, the above five event technology trends can be used to streamline the event planning processes.
After all, increasing the attendance, providing a pleasing experience, and building brand awareness are all that is needed for the success of an event!
Frequently Asked Questions
How is the technology used during an event?
Event organizers use technology to study the behavior of the attendees, collect data based on their actions, and then provide them with the best user experience. AI, chatbots, live streaming, and gamification are examples of technologies used during an event.
How is technology changing the events industry?
The use of technology in event planning has led to more personalization. The real-time data used to enhance the audience experience is a commendable use of technology. Technology has led to an increase in audience attendance and a remarkable decrease in the costs of organizing an event.
What are Event technology tools?
AR, VR, AI, Chatbots, Event Automation, Event Mobile Apps, and all the technology used in an event are event technology tools. In addition, there are tools available to manage an event right from planning, execution to asking for feedback.
"name": "How is the technology used during an event?",
"text": "Event organizers use technology to study the behavior of the attendees, collect data based on their actions, and then provide them with the best user experience. AI, chatbots, live streaming, and gamification are examples of technologies used during an event."
"name": "How is technology changing the events industry?",
"text": "The use of technology in event planning has led to more personalization. The real-time data used to enhance the audience experience is a commendable use of technology. Technology has led to an increase in audience attendance and a remarkable decrease in the costs of organizing an event."
"name": "What are Event technology tools?",
"text": "AR, VR, AI, Chatbots, Event Automation, Event Mobile Apps, and all the technology used in an event are event technology tools. In addition, there are tools available to manage an event right from planning, execution to asking for feedback."