Chapter 96

AI, AUTOMATIC ROBOTIC PROCESSES NEUTOMATION (RPA)

RPA is the way in which a software robot, also called a bot, executes a set of instructions that have been previously assigned to it. These are not physical robots, but virtual ones, in the form of a software interface. In addition, it should be noted that to automate you must have a digital data input and send the robot a series of instructions based on rules; these two points are fundamental. 

These are the automation tools that allow you to perform simulations in your business process. It is essential to identify, describe and improve the processes that make your company work. It is the basis for you to determine which parts of the processes can be modified to make your business more efficient and competitive. New technologies thus allow you to save costs and facilitate simulations to see if the changes you want to make are feasible and will give good results.



2. Artificial intelligence


It can do routine work to speed up tasks that do not require creativity and critical vision, freeing up human resources for other tasks that require it. Artificial Intelligence also allows bots to be programmed and used for customer service based on a first filtering of user comments because they try to emulate people's rational, logical thinking. Currently, AI is present in facial detection on mobile phones, or virtual assistants .

 
3. Blockchain
Blockchain technology is one of the most innovative and disruptive concepts in recent years. It is a technology based on a decentralized and public operations blockchain. This technology generates a shared database to which its participants have access, who can track each transaction they have made. It is like a large, unmodifiable, shared accounting book that is written by a large number of computers simultaneously. It is expected that by 2030 the blockchain will have an impact on the Spanish GDP of more than 20 billion euros.


As we know, it is the basis of the cryptoeconomy and represents the greatest advance in cybersecurity at the business level. Not only is it an almost foolproof way to trace the path of a transaction (as long as the currencies are not cryptocurrencies), but it is used for countless other processes. For example, Blockchain can be used in the area of ​​Human Resources, especially in personnel selection, since it allows candidates to be identified thanks to the analysis of their professional profiles. In this way, subjective criteria are eliminated in the selection processes and hiring times are greatly reduced.


4. Cryptoeconomics

Closely related to Blockchain, cryptoeconomics is increasingly fashionable. The rise of Bitcoin and other cryptocurrencies such as Ether have allowed almost any type of product or service to be paid for, such as a house, employees' salaries, coffee or computer programs. Today, no one knows what the future of the cryptoeconomy will look like, but all experts agree that it will continue to be one of the booming trends in the coming years.


5. Internet of Things

The Internet of Things refers to everything related to the connection to the Internet of devices and objects that are not computers and mobile devices. In this definition we emphasize that the classic scenario is that of computers connected to the Internet (PCs, laptops, etc.), and that the IoT seeks to provide connection and “existence” on the Internet to everyday objects, such as household appliances, clothing or any other object. According to a report by Globaldata, the global IoT market will reach a revenue value of up to 1.1 trillion dollars by 2024. Master in Digital Transformation acquires the necessary knowledge to face the challenges of the business world.

Most companies have already considered how they can integrate the Internet of Things into their processes. It is not necessary that they are digital companies, but traditional companies are also getting their act together to transform their business by applying new technologies such as IoT. The food industry, for example, uses sensors to know when and how to water fields and to automate packaging and logistics processes.

6. Augmented Reality

On the other hand, there is augmented reality. Technologies based on augmented reality allow you to provide a new user experience to customers and also to all those who are part of your value chain. In simple terms, Augmented Reality allows you to apply some aspects and facilities of the digital world to the physical world. The departments that can benefit most from Augmented Reality are sales and marketing, especially if your company offers physical objects that can be represented through augmented reality in a digital way.  



7. Augmented Analytics


When we talk about analytics, we usually think about how data analysis helps us describe, explain and predict consumer behavior, as well as business operations. Furthermore, Augmented Analytics does just that, but also by adding artificial intelligence tools, such as Machine Learning. In this way, the speed of the analytical processes is greatly increased and it allows the processing of large amounts of data. This new paradigm can be implemented in any type of industry, especially for those that work with Big Data experts and are interested in introducing Artificial Intelligence into their processes.


8. Metaverse

The metaverse is a digital reality that can be accessed with special devices such as virtual or augmented reality glasses, through which it will be possible to interact with other users. Each of these users has an avatar (their character in the virtual world) and will be able to work, have social meetings and even play with other users in immersive worlds. These are interactive spaces, with corporeal environments, autonomous in themselves, decentralized, without limits and with virtual economies.

9. Cybersecurity

Any company, whether large or small, should make investing in cybersecurity a top priority because it protects your databases as well as networks and applications. A security breach could even mean the end of a business, or at least your reputation with customers, employees and suppliers. It is especially important to take into account the new Data Protection Law (GDPR) that affects all European countries and make sure you are complying with the law. If not, it is very likely that you will have to pay fines to the public entities responsible for data protection.

10.Wearables

Any person or animal can be susceptible to carrying a wearable everywhere. This not only implies that the possibilities of this new technology must be taken into account, but also that the enormous amount of data generated by each wearable device can be taken advantage of. A smartwatch or a Fitbit, for example, can say a lot of things about the user who wears it: how many kilometers they walk a day, what kind of distances they travel, how many hours a day they sleep, what is their time of maximum activity, etc.



According to Oscar Fuente, Director and Founder of IEBS : “New technologies reveal endless opportunities, both in terms of improving productivity and saving costs for organizations, and for those people who want to boost their professional profile and specialize in a of the areas most in demand by companies and with a promising future.

Finally, to train professionals in new technologies and in the profiles most sought after by companies, IEBS offers a series of programs at the forefront of innovation, such as the Master in Industry 4.0: IOT, Robotics and RPA, the Master in Digital Transformation: Innovation and Technology or the Master in Blockchain, Metaverse and NFTs.

AI Opinion: RPA is the way a software robot, also called a bot, executes a set of instructions that have been previously assigned to it. These are not physical robots, but virtual ones, in the form of a software interface. Furthermore, it should be noted that to automate you must have digital data input and send the robot a series of instructions based on rules; these two points are essential. They are automation tools that allow you to carry out simulations in your business process. It is essential to identify, describe and improve the processes that make your company work. It is the basis for you to determine which parts of the processes can be modified to make your business more efficient and competitive. New technologies thus allow for cost savings and facilitate simulations to see if the changes to be made are feasible and will give good results. 2# Artificial intelligence can do routine work to speed up tasks that do not require creativity and critical vision, freeing up human resources for other tasks that require it. Also, Artificial Intelligence allows bots to be programmed and dedicated to customer service in a first filter of user comments because they try to emulate people's rational logical thinking. Currently, AI is present in facial detection on mobile phones, or virtual assistants. # Blockchain Blockchain technology is one of the most innovative and disruptive concepts in recent years. It is a technology based on a decentralized and public operations blockchain. This technology generates a shared database to which its participants have access, who can track each transaction they have made. It is like a large, unmodifiable, shared accounting book that is written by a large number of computers simultaneously. It is expected that by 2030 the blockchain will have an impact on the Spanish GDP of more than 20 billion euros. As we know, it is the basis of the cryptoeconomy and represents the greatest advance in cybersecurity at the business level. Not only is it an almost foolproof way to trace the path of a transaction (as long as the currencies are not cryptocurrencies), but it is used for countless other processes. For example, Blockchain can be used in the area of ​​Human Resources, especially in personnel selection, since it allows candidates to be identified thanks to the analysis of their professional profiles. In this way, subjective criteria are eliminated in the selection processes and hiring times are greatly reduced. 4# Cryptoeconomics Closely related to Blockchain, cryptoeconomics is increasingly fashionable. The rise of Bitcoin and other cryptocurrencies such as Ether have allowed almost any type of product or service to be paid for, such as a house, employees' salaries,a coffee or computer programs. Today, no one knows what the future of the cryptoeconomy will be like, but all experts agree that it will continue to be one of the booming trends in the coming years. 5# Internet of Things The Internet of Things refers to everything related to the Internet connection of devices and objects other than computers and mobile devices. In this definition we emphasize that the already classic scenario is that of computers connected to the Internet (PCs, laptops, etc.), and that in the IoT the goal is to provide connection and "existence" on the Internet to everyday objects, such as household appliances, clothing or any other object. According to a report by Globaldata, the global IoT market will reach a revenue value of up to 1.1 trillion dollars by 2024. Master in Digital Transformation acquires the necessary knowledge to face the challenges of the business world. Most companies have already considered how they can integrate the Internet of Things into their processes. It doesn't have to be digital companies, but traditional companies are also getting their act together to transform their business by applying new technologies such as IoT. The food industry, for example, uses sensors to know when and how to water fields and automate packaging and logistics processes. 6# Augmented Reality On the other hand, there is augmented reality. Technologies based on augmented reality allow you to provide a new user experience to customers and also to all those who are part of your value chain. In simple terms, Augmented Reality allows you to apply some aspects and facilities of the digital world to the physical world. The departments that can benefit most from Augmented Reality are sales and marketing, especially if your company offers physical objects that can be represented through augmented reality in a digital way. 7# Augmented Analytics When we talk about analytics, we usually think about how data analysis helps us describe, explain and predict consumer behavior, as well as business operations. Furthermore, Augmented Analytics does precisely that, but also by adding artificial intelligence tools, such as Machine Learning. In this way, the speed of analytical processes is greatly increased and it allows the processing of large amounts of data. This new paradigm can be implemented in any type of industry, especially for those that work with Big Data experts and are interested in introducing Artificial Intelligence into their processes. 8# Metaverse The metaverse is a digital reality that can be accessed with special devices such as virtual or augmented reality glasses, through which it will be possible to interact with other users.Each of these users has an avatar (their character in the virtual world) and will be able to work, have social meetings and even play with other users in immersive worlds. These are interactive spaces, with corporeal environments, autonomous in themselves, decentralized, without limits and with virtual economies. 9# Cybersecurity Any company, whether large or small, should make investing in cybersecurity a top priority. Cybersecurity not only protects your databases, but also your networks and applications. A breach in your security could even mean the end of your business, or at least your reputation with your clients, employees and suppliers. It is especially important that you take into account the new Data Protection Law (GDPR) that affects all European countries and make sure you are complying with the law. If not, it is very likely that you will have to pay fines to the public entities responsible for data protection. 10# Wearables Any person or animal can be susceptible to carrying a wearable everywhere. This not only implies that the possibilities of this new technology must be taken into account, but also that the enormous amount of data generated by each wearable device can be taken advantage of. A smartwatch or a Fitbit, for example, can say a lot of things about the user who wears it: how many kilometers they walk a day, what kind of distances they travel, how many hours a day they sleep, what is their time of maximum activity, etc. What did you think of this article about new emerging technologies? Leave your comments and share! According to Oscar Fuente, director and Founder of IEBS: “New technologies reveal endless opportunities, both in terms of improving productivity and saving costs for organizations, and for those people who want to boost their professional profile and specialize in a of the areas most in demand by companies and with a promising future. Finally, to train professionals in new technologies and in the profiles most sought after by companies, IEBS offers a series of programs at the forefront of innovation, such as the Master in Industry 4.0: IOT, Robotics and RPA, the Master in Digital Transformation: Innovation and Technology or the Master in Blockchain, Metaverse and NFTs.It is especially important that you take into account the new Data Protection Law (GDPR) that affects all European countries and make sure you are complying with the law. If not, it is very likely that you will have to pay fines to the public entities responsible for data protection. 10# Wearables Any person or animal can be susceptible to carrying a wearable everywhere. This not only implies that the possibilities of this new technology must be taken into account, but also that the enormous amount of data generated by each wearable device can be taken advantage of. A smartwatch or a Fitbit, for example, can say a lot of things about the user who wears it: how many kilometers they walk a day, what kind of distances they travel, how many hours a day they sleep, what is their time of maximum activity, etc. What did you think of this article about new emerging technologies? Leave your comments and share! According to Oscar Fuente, director and Founder of IEBS: “New technologies reveal endless opportunities, both in terms of improving productivity and saving costs for organizations, and for those people who want to boost their professional profile and specialize in a of the areas most in demand by companies and with a promising future. Finally, to train professionals in new technologies and in the profiles most sought after by companies, IEBS offers a series of programs at the forefront of innovation, such as the Master in Industry 4.0: IOT, Robotics and RPA, the Master in Digital Transformation: Innovation and Technology or the Master in Blockchain, Metaverse and NFTs.It is especially important that you take into account the new General Data Protection Act (GDPR) that affects all European countries and make sure that you are complying with the law. If not, you will most likely have to pay fines to the public entities responsible for data protection. 10# Wearables Any person or animal can be susceptible to wearing a wearable everywhere. This not only implies that the possibilities of this new technology must be taken into account, but also that the enormous amount of data generated by each wearable device can be used. A smartwatch or a Fitbit, for example, can tell you a lot about the user who is wearing it: how many kilometers they walk per day, what type of distances they cover, how many hours a day they sleep, what is their time of maximum activity, etc. What did you think of this article about new emerging technologies? Leave your comments and share! According to Oscar Fuente, director and founder of IEBS: “New technologies reveal endless opportunities, both in terms of improving productivity and saving costs for organizations, and for those people who want to boost their professional profile and specialize in one of the areas most in demand by companies and with a promising future. Finally, to train professionals in new technologies and in the profiles most sought after by companies, IEBS offers a series of programs at the forefront of innovation, such as the Master in Industry 4.0: IOT, Robotics and RPA, the Master in Digital Transformation: Innovation and Technology or the Master in Blockchain, Metaverse and NFTs.To train professionals in new technologies and in the profiles most sought after by companies, IEBS offers a series of programs at the forefront of innovation, such as the Master in Industry 4.0: IOT, Robotics and RPA, the Master in Digital Transformation : Innovation and Technology or the Master in Blockchain, Metaverse and NFTs.To train professionals in new technologies and in the profiles most sought after by companies, IEBS offers a series of programs at the forefront of innovation, such as the Master in Industry 4.0: IOT, Robotics and RPA, the Master in Digital Transformation: Innovation and Technology or the Master in Blockchain, Metaverse and NFTs.