Artificial Intelligence (AI)

in Business

Technology today is evolving at such a rapid pace, enabling faster change and progress, causing an acceleration of the rate of change due to the outbreak of COVID-19.

Artificial intelligence (AI) is intelligence demonstrated by machines, as opposed to the natural intelligence displayed by humans or animals.

In business by deploying the correct AI technology may gain an ability to save time and money by automating and optimising routine processes and tasks. It increase productivity and operational efficiencies. Make faster business decisions based on outputs from cognitive technologies. Avoid mistakes and 'human error', provided that AI systems are set up properly. Use insight to predict customer preferences and offer them better, personalised experience. Mine vast amount of data to generate quality leads and grow your customer base. Increase revenue by identifying and maximising sales opportunities. Grow expertise by enabling analysis and offering intelligent advice and support.

With AI spreading its wings across sectors, market will grow to a $190 billion industry by 2025 with global spending on cognitive and AI systems reaching over $57 billion in 2021.

10 Essential Things To Know Before Building A Website

Let's talk about all in a little more detail, here’s a list of 10 essential things to know before building a website. First is a name of your website, the domain name. It's the initial step of web designing. The domain name must be short and should represent your brand. Second is to have a specific group of users in your mind. It must appeal to those users want's and needs to have a popular website. Third is social media will provide you a great platform to market your website and it's vital. Forth is security as the biggest concern in the 21st century, even more so for the internet. Web pages must have SSL certificates and security checks must be conducted regularly. Fifth is the search engine optimization (SEO) as one of the most important part of web page development. It will making sure that the targeted user will be able to access it. Ranking six is compatibility as one of the important aspects of the website. Is must be supported in all types of devices and across all the browsers. If it doesn’t, that will lose a large number of a customers, which will be very detrimental to the web page in its infancy. Seventh is the eye catching great design, it is the basic element to attract or distract the user, it is one of the important things to keep in mind. Next is a fast and reliable hosting. If a site has a very slow loading rate, people are not going to wait unless it is a must and bad for the search engine ranking of a web page. Ninth is to have a good navigation site. If a customer finds it difficult to navigate your page, they are going to lose interest and may never access it twice. Lastly, building a website requires money, you should estimate all the associated costs before starting the project.

The top 5 most valuable companies in the world

In annual Global Top 100 report, issued last May 2020, fell in the midst of an upheaval in the global equity markets caused by the COVID-19 pandemic. Volatility levels had increased significantly, and investors were highly sensitive to short-term news-flow. Given the uncertain outlook for financial markets, this article is about the top 5 of the most valuable companies in the world. The rating is based on market capitalization. It is calculated by multiplying the number of shares issued by the company by the value of one such share.Saudi Aramco maintained its top position, but suffered from the prevailing oil price outlook. Apple and Microsoft saw market capitalisation increases of $469bn (42%) and $344bn (29%), respectively, closing the gap with Saudi Aramco. Amazon became the fourth public company with a +$1tn market capitalisation as at June 2020. Alphabet was close, with market capitalisation of $966bn, which has since moved above the $1tn mark.

The biggest UK companies by market capitalisation

The list of the biggest companies in the UK gives insight into the make-up of the UK’s economy, which is the sixth largest economy in the world – behind the US, China, Japan, Germany and India. Many of the largest companies by market cap are also components of the FTSE 100. According to Bloomberg published last 8th May 2020, here are the top 5 biggest companies in the UK by trading or investing in their shares. Top of the list is Unilever (£191.4 billion), it has been a household brand since 1929, when it was founded through the merger of soap maker Lever Brothers and margarine company Margarine Unie. Followed by AstraZeneca (£113.4 billion) - a Pharmaceutical giant, Royal Dutch Shell (£94.4 billion) come on third while BHP Group (£88.4 billion) is the fourth largest company by market cap followed by the mining company Rio Tinto (£80.8 billion) as. the fifth.

The 5 Biggest Social Media Sites in 2020

Let's take a look at the five biggest social media platforms reported by search engine journal last February. You’ll also gain insights into what content succeeds on each platform and get actionable tips to take your own social media marketing to the next level. Before we dive in, let’s take a look at each of these networks at a glance. Top of the list is Facebook founded last 2004 with active monthly users of 2.45 billion followed by fast and furious Twitter founded last 2006 has active monthly users of 330 million. For the massive network of professionals, you’ll find LinkedIn came on third founded last 2003 with active monthly users of 310 million. Looking for eye-catching visuals and inspiring creativity, Instagram launched last 2010 with active users of 1 billion as fourth in line. However if your target demographic is young, you definitely want to get in on Snapchat founded last 2011 with active monthly users of 360 million.

Advantage of Websites For Business

According to data collected by the Office for National Statistics – internet sales were up to £473million (a week) in August 2010 (Retail Sales Statistical Bulletin – August 2010). So what are the Advantages of Websites? The first and perhaps most obvious advantage of a business website is the potential for reaching a wider audience. The internet is online 24 hours a day, 7 days a week. So even if your business isn’t open your website will be! With a website, customers can easily access information about your business. They can see what products or services you sell, your prices, your location and much more. Having your own website, the ongoing costs are minimal but the potential return on investment could be quite significant. To conclude having a website for your business is not just an advantage; it’s an essential way to protect your business brand online.