All posts by Priyesh Palkar

Artificial Intelligence: From Sci-Fi to Reality

Artificial Intelligence - Iron Man
Artificial Intelligence – Iron Man

Perception the visionaries had back then symbolizes the potential that the human brains possess to expand the ideology to such an extent that inspires us to keep looking forward to breaking the norms, pushing through the limits and engraving a limitless mindset which has resulted in the present we are living in.

And there shouldn’t be any hesitation in predicting what will be presented to us in the future which isn’t too far.
There were people in the history who were visionaries. They perceived a vision about the gadgets of today without having any scientific or technological reference. Still, they ended up with gadgets in 20th century books, movies and cartoon series’ which have become a reality today.

Smartphones that are so much part of our lives today, first caught the imagination with movies like ‘Star Trek. The handset called ‘Tricorder’ in the movie featured numerous buttons with what looked like small display.

Star Trek - Tricorder
Star Trek – Tricorder

Similarly, Smartwatches, which have now been part of our lives since few years now, were a mere idea back in 1962 when it made its appearance in the Jet Sons animated cartoon series. The series was set into the future with flying cars, IoT devices, virtual assistant and more. There are many more of these examples.

Smartwatches - 2017
Smartwatches – 2017

The most talked about technology depicted in a movie was every Techie’s dream. The ‘J.A.R.V.I.S’, Just Another Rather Very Intelligent System, from Iron Man, first of the series having released in 2008 had become the most heart-throbbing experience of the technology being showcased as the communication didn’t seem confined between two individuals, rather it was between a human and a virtual system.

JARVIS - Iron Man
J.A.R.V.I.S – Iron Man

The emotional Quotient was something that took more of the attention and was way appreciated. As the sequels kept coming in, the technology became even more interactive where the creator in character could possibly grab, trash, zoom, locate and do everything which is possible on a system which requires no further elaboration.

AI has been a greater impact in the initial stages of the 21st century in the offices. Machine-learning technologies are increasing productivity. From workflow management tools to trend predictions and even the way brands purchase advertising, AI is changing the way we do business.
There’s so much potential in AI development that it is getting harder to imagine a future without it.

We’re still a few years away from having robots at our back, but AI already has a profound impact in more subtle ways. Weather forecasts, email spam filtering, Google’s search predictions, and voice recognition, such Apple’s Siri, an intelligent personal assistant for interactive response between the gadget and it’s user. Cortana is again an example of AI.

These inventions really are uplifting the world of technology and a lot is awaited that could really break the jinx and take us to the next levels of innovations.

Enlighten your shopping experience with 3D product visualization tool

Textronics_3D-Showroom

Simplicity is something which is much appreciated by the majority of the world. And when it comes to technology, it needs to be something which can thump its impression and should excite the onlooker in the very first go. Attempting to enter the zone where technology is yet to pave a visit can come as a boon for it to be sustained and mature with time in the coming age of techno world.

The Indian textiles industry, currently estimated at around US$ 120 billion, is expected to reach US$ 230 billion by 2020. The textiles sector has witnessed a spurt in investment during the last five years. Keeping the stats in check and the pace with which the industry is burying much deeper roots by spreading its branches towards ever advancing technology, 3D Showroom will turn out to be an highly appreciated asset in the near future.

A quick look at the 3D showroom:

3D showroom comes more as a boon in the world of technology to give its user an opportunity to utilize virtual reality to help ease his/her shopping experience.

Feeling the fabric is a thing. Experiencing it on the product of your choice is another. Doing the former is much of a simpler task but the latter one is more of time consuming. This is where 3D Showroom firmly holds a role to be played.

Let me give you an example. You wish to design and furnish your house as per your own requirements and not seek help from any expert in the same reference. You can do that any day using the 3D Showroom where you can visualize the look of your favorite fabric draped on the object you wish to. It could be your wallpaper, your curtains, floor mats, floor carpet, sofa set, cushion covers and much more.

You can do the same in case of an apparel. It could be a trouser, a shirt, a jacket, a suit. All you need to do is just select the apparel of your choice, select a fabric and witness a realistic 3D view of how the look will appear in real. All this could be done with a few mouse clicks, and there you go with the look of everything you desire using Augmented Reality.

Omni-Channel Solution, A new face to the future of Retail Shopping..

A Retail Innovation
In Store Experience

When you’ve bought something, take a step back and think where did you first discover the product? Where did you get the first hint or got in touch with the brand(product)? When did you first decide you want to buy the product? How and where did you really end up buying it eventually??

When you start finding answers to all of the above questions, you will end up giving a definition to the term, omnichannel. It may sound new, but is actually not. Its meaning and spell lies very close to cross-channel and multi-channel, and which certainly is. Defining each of them can help differentiate between the three and send in a clear idea about the similar looking names.

Cross-channel:

The cross-channel approach is meant for the customers who utilize all the necessary and available social platforms to gain in-depth information of the brand(product) they are willing to purchase. On having utilized all the sources, they end up buying the product only from a physical store.

Multi-channel:

The multi-channel approach pays more attribute to the consumer’s choice of purchasing the product, irrespective of the medium of sources he/she chooses to utilize with the intention to know more about the product. In multi-channel marketing, the company makes use of various channels like e-commerce, social media or a physical store enabling excellent management of each channel providing the required consistency across all. The consumer ends up purchasing the product through his desired platform of purchase.

Omni channel solution
Evolution of Omni channel solution in retail industry.

Omni-channel:

The omni-channel is an holistic approach in comparison with the previous two channels in terms of consumers’ experience irrespective of the channel utilized by the consumer to finalize and buy the desired product. The company gives immense priority to following a stringent approach in maintaining a consistency across all available channels to portray their brand to the consumers more effectively. This acts like a core identity of the brand which leaves an impression on the consumers’ mind which acts like a non-physical asset to the company.
The brands who can best interpret omnichannel data and understand all customers are the winners. There will be a new dimension of customer decision. As a final decision is being made to purchase, price, relationship, service and continuity will all be considered.