2/17/2023 0 Comments Tech utilities license key 2019These advancements are blurring the lines between previously unrelated sectors by presenting new opportunities to deliver innovative services, interact with customers and markets, and determine how and what services to deliver. Cognitive: The rise of artificial intelligence is driving breakthroughs in cognitive computing, from chatbots that streamline customer experiences to advanced analytics, image recognition and machine, or deep, learning for mass personalization and value chain optimization.Automation: The automation of operations, along with developments in human-machine interface, is transforming customer and business processes and radically impacting how services are delivered and costs are incurred.Internet of things (IoT) has already enabled usage-based revenue models, while blockchain offers opportunities to develop decentralized business models. Connectivity: The fusion of data, technology platforms and physical devices is unlocking new approaches to business models.Technological advancements are driving sector convergence and transforming business and operating models in three key areas: Utilities are on a countdown to reinvention because an irreversible change in the utility ecosystem is nearly upon us.
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