Category Archives: Future Technology

Retail Technology for the Near Future

Future of Retail Industry
Future of Retail Industry

Converting the toughest job into an easy one is not a big deal nowadays. “All thanks to technology!” We have accomplished many of them.
But in the technology savvy world we have considerably seen trends rising and biting the dust in no time.
So here are some tech trends which are believed to be the future of Retail Industry. Stay Tuned!

Product Delivery:

Deliveries at your door step makes shopping so comforting for all of us. We no more have to rush from store to store to shop for clothes, groceries, accessories, home decors, etc.

Newest trends in Delivery Services:

  • Drones:
  • Amazon Drone Delivery
    Amazon Drone Delivery

    What would it look like if your ordered package flies to you? The wait is almost over!
    Amazon is about to launch drones that would deliver packages to its customers.
    Once the idea is approved safe by the Federal Aviation Administration, you could see amazon drones delivering packages to your door-step within 30mins.

  • Google self-driving cars

  • While Google’s driverless cars aren’t ready yet but are making progress every day. Self-driving cars navigate based on sensors that can feel as far as 2 football fields away in every direction.

In-Store Enhancements

Retailing was always about a healthy relationship between the retailer and the shopper. In this era, to recreate the healthy bond with the help of just a brick and mortar store won’t work, a shopper needs a seamless experience through all channels.

For the Shoppers

  • Store Navigations
  • Aisle 411- Store Navigation Application
    Aisle 411- Store Navigation Application

    Store Navigation Applications like Aisle 411’s enables user to easily trace the item’s (willing to buy) exact location in the sections where they are kept in the store. Ensuring an easy searching benefit.

  • Magic Mirrors
  • Magic Mirrors
    Magic Mirrors- Virtual Dressing Rooms

    Augmented Reality based virtual dressing rooms are lately grabbing a lot of attention and market by focusing on Customer Empowerment.
    There are many companies trying to get into the AR mode with the magic mirror concept, where the user can try-on clothes multiple times. Try out different avatars with this touchscreen magic mirrors.
    Some of the Magic Mirrors in the market are–
    Uniqlo Magic Mirrors, Textronics- TryON, Rebecca Mink Off Magic Mirror, and many more.

  • Smart Assistants
  • Personalizing the user experience many companies are trying to ensure a smooth and easy shopping experience with a cloud-based technology (we also call it artificial intelligence) to idealize the customer’s product choices and guide them accordingly.

  • Custom Apparel Designers
  • Product configrator - Tailor-i
    Custom Apparel Designers for Made2Measure & Bespoke Clothing

    Custom Apparel Designers are the newest trend in fashion leveraging the user the ability to customize the outfits from the scratch.
    Custom Apparel Designers in the market are–
    YrStore; also known as Your Store
    Textronics Tailor-i

Source: https://www.insider-trends.com/top-50-innovations-in-retail/

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.