Upcoming New Technology

Artificial Intelligence is a buzzword right now. You’ve probably heard this term at some point in your life where you were either fascinated with it, scared by the potentials of AI, and more afraid to know what it really means. There are multiple types of technologies that will revolutionize our lives with their application in healthcare, transportation, and other industries. Let’s take for example Amazon and how they have grown so much without having created any disruptive technology. But if we talk about artificial intelligence in the consumer space, we can also start talking about companies like Uber, Lyft, and Instacart. Here is a shortlist of these companies that are using Artificial Intelligence in their business.

1) Uber

Uber has brought down prices for all its services. They use customer feedback to determine whether a certain service should be discounted or not. The feedback process involves taking into account location, traffic, weather, and past user experience. It offers an instant response within the shortest time possible. These kinds of features make them one of the best ride-sharing apps around. If you don’t want to go through a lengthy verification procedure, check out Uber’s free car seat and driver’s license options.

2) Airbnb

Airbnb offers you full-fledged travel plans of a house or apartment. This feature allows users to book up to ten different rental properties on demand. With such a simple and easy booking tool, it made me wonder how do I still need to rent my home? In case you have an unused room, check Airbnb’s affordable rentals. And if you have ever thought about owning a property by making it your own, try renting it out at another person’s house or even renting a vacation home.

3) Netflix

Netflix is popular worldwide and every year the company continues growing. And recently, the platform introduced its first global premium video streaming service which is dubbed as “Netflix for movies”. Netflix has become one of the most successful companies today because of its strong focus on expanding content variety. Although there are still several issues that have limited Netflix’s growth throughout the years, they make sure the brand doesn’t lag behind. That being said, Netflix definitely needs to expand its offerings to reach a broader audience.

4) Google Photos

Google Photos is a powerful photography app for both professional and personal photographers. Whether it is shooting landscapes or portraits, anyone can get started using this incredible mobile app. After all, you can use Google Photos from anywhere in the world. As soon as you create a photo in Google Photos, it automatically becomes available at millions of online stores, including those owned by major brands like Facebook, Pinterest, Twitter, Apple, Instagram, and thousands of others. Of course, you also don’t necessarily need to invest hundreds of dollars to buy your desired camera or lens as the Google Lens enables us to add value to our photos by adding additional frames. Plus, you can save time. Just drag and drop your image to the folder of your choice and choose from templates, stickers, and presets.

5) Snapchat

Snapchat was one of the hottest trending apps last month. Not only did Snapchat surpass other social media platforms like Facebook, Snapchat, Instagram, and LinkedIn as the top spot in terms of daily active users, it also grew by 50% since November 2017. What does this mean? Snapchat is far ahead of its competitors when it comes to targeting young children. And, Snapchat uses machine learning algorithms to identify key phrases which then gives parents information regarding their kids’ activities. Snapchat also makes sure younger kids are getting enough sleep, exercise, and nutrition to maintain excellent health.

6) Spotify

Spotify doesn’t just play music, they help artists build their careers. While the name suggests that they are for music lovers only, the platform is actually made for people who share their songs and artists who upload exclusive tracks. Artists can create playlists and earn money by doing so. Since 2015, Spotify has been able to generate over $13 billion in revenue with a fan base of more than 130 million people. The startup is well-positioned to grow its listener base because of its unique strategy of partnering with artist friends. With Artist Management Pro, artists (from all walks of life) can set themselves up as a manager for artists and receive cash-in payments for their performance.

7) UberEats

With over 50,000 new restaurants added each year, many families are spending more time searching for food, rather than eating it. Because of this, Uber Eats is creating a meal delivery service as well. Currently, they are the leaders in this industry and have the biggest market share. Even though it’s not too late yet to become an UberEats driver, you can learn how to drive for free.

8) DoorDash

DoorDash is a digital grocery delivery company and one of the fastest-growing businesses. Their marketplace connects small and medium-sized retailers to deliver groceries directly to consumers. The idea behind this concept is simple — give shoppers what they want and let them make it happen. If you have any concerns about shopping for food online, DoorDash is here to offer support. Check out their website for more details about their service and how to get started.

9) Grocery Delivery Service

With the boom in sales of fresh groceries, grocers have also started providing groceries in home deliveries. Grocery stores like Whole Foods, Sprouts, Aldo, Costco, Whole Food Market, Sam’s Club, Chegg, and Jamba Juice offer convenient ordering services to customers, as well as delivery options for busy families. For more interesting facts about this industry, read this article: Why We Need To Choose A Grocery Delivery Company?

10) Foursquare

Foursquare has become a great way to reconnect with your local neighborhood. People in various cities can connect or watch live sports, play games, listen to music, read news, and watch live sporting events like NBA Finals, UFC, FIFA, and MLB. At present, they can have an average of 100 million monthly users and boast a positive rating of 4.2 out of 5 stars. The company is currently working towards acquiring 25 million users per year and is looking forward to continuing its growth. You can use the Foursquare App for everything — from searching for neighborhood maps to paying bills online, to watching TV shows and podcasts. Its current free trial is still ongoing until June 2019, but you can upgrade it for $1.99 a user.

11) Zillow

Zillow is a search engine used across the globe by real estate professionals. Apart from helping buyers find properties near them, the platform provides sellers with valuable insights into buying and selling homes by analyzing consumer behavior. From the data collected, Zillow puts together customized searches based on variables like price, size, and amenities to help people find the perfect house or address their specific needs. It also has an area database of almost 250 million square feet in the United States.

12) MyPillar.io

MyPillar.io is an eCommerce platform that helps you sell products on your personal and professionally designed websites to boost traffic. From clothing to food to household essentials, you can sell anything on your personal sites. There’s no limit to what you can sell, which includes apparel, jewelry, beauty supplies, cosmetics, books, art, kitchenware, shoes, clothes, and more. You can even sell services like web design, graphic design, programming, accounting software, and more, from your site. Also, let this app help you customize your store’s look so that people are attracted to it and they keep coming back for more.

13) Shopify

Shopify is a comprehensive platform for selling and running online businesses. Unlike many other platforms, Shopify offers unlimited inventory, the ability to accept payments safely and securely, fast shipping, and customization options. Your website’s visitors are able to see exactly what they’ll receive after the sale without leaving the page. However, if they leave before seeing exactly what they’re receiving, it would eventually lead to unhappy customers. On the other hand, Shopify is completely web-based and requires very little maintenance work.

In summary, the above apps are going to transform things and bring in newer ways of commerce. By using the three mentioned applications, we can expect to see a massive expansion in this sector. All major players are investing heavily in developing the next big innovation such as robotics, AI, AR, VR, and blockchain that will usher in future innovations.

Want to know more about the applications of Artificial Intelligence in the Business? Read How Big Data Is Exploding and How Companies Are Changing How Revenue Streams Run: https://www.cisco.com/us-en/us-en/services/how-big-data-is-exploding-and-how-companies-are