As with so many other businesses, IT solutions for healthcare industry have the power to revolutionize this sector. In a number of ways, it has already dramatically reshaped healthcare. Access to applications like Doctor on Demand and the like have changed how we view traditional healthcare.

On top of expanding access, e-commerce in healthcare can enhance efficiency, reduce costs, and in the end lead to healthier, content patients.

Access

Above all e-commerce is highly advantageous in enabling people to gain access to data. Armed with superior transparency concerning their health, patients can coordinate with their doctors to facilitate more informed decisions with regard to their treatment.

Efficiency

E-commerce also has a significant impact on promoting efficiency in healthcare. Ensuring that non-emergency patients are redirected from hospitals and doctors’ offices to online platforms, patients that are in urgent need of hospital resources are able to get the care they need. Hospital resources can involve not only physical medical items and tools but also the valuable time of medical staff and physicians.

Lowered Costs

Leveraging the tremendous efficiency brought about by e-commerce has led to reduced healthcare costs.  It has been found that online doctor visits are almost half of less than half in comparison to office visits, and there is an even higher difference when it comes to urgent care visits. 

Healthier Patients

The combination of higher efficiency and lowered costs is bound to result in healthier patients. Often healthcare visits get sidetracked for a number of families, due to costs. Through eCommerce Industry Solutions an increased number of individuals and families would be able to afford checkups and doctor visits, resulting in a much healthier populace.

For instance, analyzing sales data, where you observe the revenue generated per server, you will be able to figure out staffing issues that are impacting your restaurant’s profits.

Suppose one of your servers fetches a uniform amount of revenue throughout the week, yet only at particular hours there is lowered revenue, Big data strategy consulting will enable you to understand where the losses are occurring and during which time durations you would benefit from additional resources.

Similarly, you can extract data analysis from your CRM to gauge front-of-house insights like, why particular items are sold more than others, which customers placed which orders and how much quantity was ordered, and so on. These insights can be used to enhance your menu.

In addition, you can receive an insight into what menu categories, from beverages entrées, appetizers to side items are most ordered. You can focus your restaurant marketing around the popular items to get more engagement.

Menu Decisions

Based on valuable insights from your restaurant data analytics you can decide which items need to be re-introduced, which dishes to keep and which to discard as well as which meals should have discounts and promotions.

For instance, if there are a lot of orders for a particular dish, but you observe that no re-orders have come for it; you can probe deeper to find out the cause.

Restaurant businesses with a competitive edge make use of analytics solutions in a variety of ways, including:

1. Operations enhancement

2. Table turnover optimization

3. Customer profiling

4. Lifetime value and repeat guests trends

5. Sales forecasting

Labor Expenses

Labor ranks as one of the highest expense areas while running a restaurant, thus is it critical to calculate your labor cost Vs your total sales. Possessing the required analytics will allow you to learn which are the slower shifts and seasons and then you cut costs by hiring fewer resources in that span of time.

Loyalty Programs

Big Data analytics allows you to figure out the most ideal way to reward your loyal customers.

For instance, suppose a particular bunch of guests ‘checks-in’ and ‘tags’ your restaurant on social media each and every time they visit your restaurant, you would be wise to send them a reward for their loyalty using a social media site.

Guest Experience

Data like demographics, reservation habits, and order preferences give you the potential to customize the dining experience of your guests.

You can leverage your restaurant CRM’s historical data to study past and current trends and use that information to build customer profiles, listen to and improve relationships with your diners, and develop strategies for the future.

The real estate industry has gone in an overwhelmingly consumer-centric direction. A staggering amount of consumers are interacting with real-estate services via the latest key digital mediums. If real estate companies intend on remaining relevant, they would need to invest in the range of digital marketing solutions as well as other productive online tools, for instance, AI chatbots, e-mailers, digitours, virtual walk-throughs, customized video presentations, to foster trust and build up brand value despite not having a face to face meeting. The means of research for tenants and homebuyers are no longer the same as in the past. Those that disregard the power of digital marketing channels will be left behind by their competitors. Real professionals need to realize that customers today want to get details about the state of the property that they have invested in, swiftly and with little delays.

Here is a list of some crucial ways of executing digital transformation in real estate software solutions.

Research for a Suitable Property

Before actually investing in a product or service, consumers conduct a thorough research by means of feedback, reviews, and other related online data.  Companies can take advantage of this behavior by updating data on their properties through aggregate platforms, their own website, and other online resources. Potential customers can benefit from this, as they can look up property features and directly contact owners if they want to follow up on a particular property.

Automated Data Updates

Updating data to a database can be a painstaking and long process for businesses that function by means of a variety of important data. Data used in the real estate industry include:

• the current number of free property units;
• their current rate and other features;
• modifications to different parameters if necessary;
• adding texts, photos, and other details.

With an integrated IT system your business would be able to coordinate changes in a real-time mode, decrease routine operations and boost business productivity.

3D Models and Visualization

Employing advanced software, you can develop striking hyper-realistic visualizations of a home or office space which enables customers to visualize how the property will look much before the construction process even begins. Virtual reality gives both customers and sellers a way to save time and money that would be needed for real estate preview, by allowing customers to tour the property remotely. This can play a critical role in the purchase decision and rate of conversion.

Employing CRM system

As with all economic sectors, a CRM system also plays an important part in the real estate industry. This is particularly applicable since a huge amount of data is used:

• real estate property and its features;
• transactions at various phases of the sales funnel;
• information on customers, realtors, companies, etc.

Using CRM software, you will have the capacity to store all the data in a single location, without any data loss and be able to create efficient reports.

Developing smartphone apps

Creating customized apps will enable real estate professionals to target potential clients. It can also be used within the company by the employees or have a blended mechanism to cater to both clients and employees on a single platform, with access rights differentiation. Developing an app for your real estate business provides you with the capacity to remotely access your required data or swiftly make modifications to the database effortlessly.

Augmented Reality

The necessary quarantine needed to reduce the spread of COVID-19 has swiftly amplified the desire for virtual fitting room technology. Augmented shopping involves the try-before-you-buy option, drawing in customers by giving them the chance to try out products online. Clothing brands are employing virtual fitting rooms and showrooms to enable shoppers to try products in virtual spaces. Other brands are using apps to allow buyers to get a visual look at how their potential furniture will appear in their premises, by moving their smart device cameras around the space in real-time.

Machine Learning To Carry Out Demand Forecasting

As several Retail IT Solutions are attempting to leverage big data, demand forecasting driven by machine learning is one of the cutting edge methods to streamline logistics and manufacturing operations, customer and supplier relationship management as well as executing smart marketing campaigns.

When compared with the traditional forecasting processes, machine learning approaches are proving highly adjustable to changes and swifter to execute. This is one of the main reasons why ML-powered demand forecasting is relevant to the current reality.

E-Commerce-Optimized POS Systems

In the midst of the pandemic, several proprietors utilize e-commerce platforms in an effort to enhance online sales processes. Post-pandemic, those proprietors holding both e-commerce and brick-and-mortar, would need to ensure both offline and online inventory, promotions, and transactions are synchronized. As a result, integrating eCommerce Industry Solutions will be the most efficient solution both during and post this pandemic.

Personal Interaction Based On Data Science and Machine Learning

Machine learning and Data Science- driven technology has the capacity to put forward recommendations to consumers even before they themselves are aware of what they want. Recommendations serve to incentivize consumers on the basis of needs and desires, instead of hassling users to download an app.  Once machine learning methods are implemented, the recommendation system captures details about comparable consumers to create shopping profiles.  After that, the system develops customized calls to action to specific customers, thus accelerating the buying journey.

Voice Commerce

NLP (Natural language processing) and AI have experienced high- level growth over recent years. This technology does not even require that you open your browser or app to communicate with voice assistants – these intelligent applications are equipped to recognize the customer’s speech and act in response to the sound of your voice.  As oppose to typing in a search query, buyers use voice searches to look for products or any information that they need.  Voice commerce including the use of smart speakers is increasingly being infused with the latest technology; as a consequence, it is blazing a trail for the future of retail.

Staff-Free and Cashier-Less Stores

Given that social distancing is a critical means to remain virus-free during the pandemic, staff-free and cashier-less stores are poised to transform the retail scene. Currently, a high percentage of customers would prefer stores that offer self-checkout or contactless options. This digital transformation will be facilitated by tools like machine learning, facial recognition, computer vision systems, IoT devices, and RFID tags.