Every year, dozens of innovations emerge that can have a major impact on business. Every innovative idea or solution – whether it’s a breakthrough or a minor one, hardware or complex code – has the potential to change the way the world does business.
Virtual reality
One of the technologies that will have the most interesting impact on business is virtual reality (VR). VR has been around for a while, but it’s only now that it’s becoming more open and accessible to companies and consumers. There are several reasons why virtual reality is so attractive to businesses. First of all, it opens up a new way of interacting with customers.
Precision positioning technology
This is one of the biggest achievements of 2024. We think that our professional and personal lives have been transformed by GPS technology, but these newest systems are even more precise: they can determine the location with an accuracy of a few centimeters or even millimeters, while GPS accuracy is 5 to 10 meters. This opens up new possibilities for delivery robots, self-driving cars, and landslide warning systems, among others.
Smart business cards
For many years, the exchange of contacts at conferences has not been complete without physical business cards. And this, in turn, was accompanied by a search in your pockets for a business card that might not be relevant, or you might not have taken it at all.
Digital business cards, such as the hugely popular Popl, are changing all that. They can be updated in the app, sent instantly with a tap or scan, and express themselves with photos, videos, and other media.
Cloud technologies
Cloud computing will continue to flourish in 2024 and help businesses create an expanded and secure system infrastructure. Over the years, we’ve seen a major paradigm shift in the corporate world when it comes to information sharing. Cloud technologies have made it easier to access data on demand and share it with stakeholders without fear of information leakage. They are responsible for digital business transformation and facilitate its flexible processes and easy scaling.
A complete digital finance toolkit
This is an exciting trend for businesses and the people who run them. The situation looks completely different now than it did five years ago. Back then, most businesses had no choice but to open expensive corporate bank accounts and inconvenient credit or payment cards that often required personal guarantees.
Smart contracts
One of the trends that will grow rapidly in the next few years is smart contracts. This is one of the most practical applications of blockchain technology. Smart contracts allow for secure transactions between parties without the assistance of third parties such as lawyers or banks.
Artificial intelligence for content creation
Staying ahead of the competition is more important than ever, which is why one of the technologies that will have the most significant impact on business in 2024 is artificial intelligence (AI). This innovative technology has a wide range of applications that can help businesses stay competitive and optimize their operations.
3D and 4D printing
Improvements in 3D and 4D printing can create many business opportunities in the future. It’s exciting to imagine how it could change business operations, manufacturing, distribution, and more. Businesses are already using 3D and 4D printing to create prototypes as well as final products, such as houses.
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