How AR/VR Will Shape The Future Of Businesses?

In spite of all the buzz around AR, it still has several challenges to overcome in the path of being widely accepted.

Let’s take a look at some of those #ARChallanges.Learn More at : Different Challenges That Augmented Reality Must Overcome To Be Generally Accepted.

As human-generated data has exponentially increased on many platforms, it has become impossible for the businesses to check or interact with that data manually, here the applications of NLP take charge.For example, if a business wants to check the reviews of their new product and make inferences from it, allotting people for reading the reviews and categorizing them will be inefficient, as there are lakhs of reviews.

These chatbots can be customized for a specific market like Kotak Mahindra Bank now uses Keya as its virtual assistant.How NLP works?Making sense of the syntax is one of the most critical things for applying NLP algorithms; some of the syntax analysis methods are:Lemmatization: It means reducing the various inflected forms of a word into a single form for a more straightforward analysis.Morphological segmentation: It involves dividing words into individual units called morphemes.Word segmentation: It consists of dividing a large piece of continuous text into distinct units.Part-of-speech tagging: It involves identifying the part of speech for every word.Parsing: It consists in undertaking a grammatical analysis for the provided sentence.Sentence breaking: It consists in placing sentence boundaries on a large piece of text.Stemming: It involves cutting the inflected words to their root form.Morphological segmentation: It consists of dividing words into individual units called morphemes.Word segmentation: It consists of dividing a large piece of continuous text into distinct units.Part-of-speech tagging: It involves identifying the part of speech for every word.Parsing: It involves undertaking a grammatical analysis for the provided sentence.Sentence breaking: It involves placing sentence boundaries on a large piece of text.Stemming: It involves cutting the inflected words to their root form.Open-source libraries for NLPThere are many NLP libraries on the internet, some of the most popular libraries are:NLTK: It is the most featured library; the most used combination is nltk(Natural Language Toolkit) and python.

This library is for production usage, written in the programming language Cython; it provides the fastest syntactic parser in the market.

Although the menu of this library is limited, there are fewer choices.TextBlob: This library is an extension of nltk.

This library is suitable for smaller projects.Saas Tools for NLPPeople want to generate insights from texts, but don’t want to delve deeper into the working, some of the tools for non-technical people are:Amazon Comprehend: Amazon Comprehend is a natural language processing software that uses machine learning to look for insights and relationships within a text.

Advertising companies analyze the digital footprints of a user to predict their potential audience interested in their products.NLP software helps increase the range of channels for ad placement.Healthcare is entering a new era with NLP applications, data mining integration in healthcare systems helps doctors make more well-informed decisions and improve diagnosis, and patient treatment.Chatbots are a prime example of automation tech.

We have already seen some progress in the field of augmented reality.

But, there are still some shortcomings in terms of image quality.

The features of 5G allow devices to transfer more data and that too at a much higher speed.what is AR Zone app ?

Then, let’s make it clear, accessing the Augmented Reality Zone is pretty simple and easy.

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Created with the assistance of extended reality tools, a web virtual store bridges the gap between digital and real-life shopping in a sort of way.

Augmented reality and 3D modeling are key technologies of a virtual store wont to create real-like product presentations and virtual try-ons; interactive user manuals and intelligent chatbots help to duplicate in-store experience for online customers.

Features of Virtual Ecommerce StoreNew Design and InteractionAllow Customers to Schedule and Interact with personal Shoppers24/7 Conversations Easy AccessGood quality product photos with image zoomVirtual stores are a subsequent big thing in ecommerce.

The commercial use of AR technology has increased as it has been used by tech giants including Microsoft, Apple, Google, Facebook, and Amazon.

Implementing augmented reality technology in your mobile app will bring the desired business results.

But before that, it is worth exploring the different trends that drive the thriving reality market.

Digital service is provided to AR customers; They can roam and interact with the physical world while looking at digital content.Recommended:How Businesses Can Use AR & VR in 2021?

Similarly, some schools do not provide learning opportunities because they require expensive equipment.

Not only does AR help physicians, but it also helps in emergencies by providing information.Also Read:Top Technologies which are Ruling the Healthcare IndustryWorld is turning digital, technology is becoming ubiquitous these days.

 Augmented reality (AR) is a technology that overlays a computer-generated image on a user’s view which connects the real world with the virtual world.

This technology enhances the perception of reality, thereby increasing the user experience and also provides data about the consumer’s immediate environment.

The virtual reality (VR) technology provides the user a virtual environment with the help of computer hardware and software and also offers a fully immersive environment where the user can interact with objects similar to those in the real world.There has been tremendous growth in the M deals, investments, and patent filings in the AR & VR from 2014 to 2015.

It is anticipated that the usage of AR and VR would provide the next major computing platform after smartphones.Magic Leap, Inc. (U.S.) filed the maximum patents as of February, 2016 among the other companies in this market.

The other companies which have been active in the patent filings include the Qualcomm, Inc. (U.S.), Microsoft Technology Licensing LLC (U.S.), LG Electronics, Inc. (South Korea), Pantech Co. Ltd. (South Korea), Sony Corporation (Japan), Intel Corporation (U.S.) among others.The research methodology used to estimate and forecast the global augmented reality and virtual reality market covers collecting of data on key vendor revenues through secondary research.

The vendor offerings are also taken into consideration to determine the market segmentation.

Augmented reality (AR) enhances the objects around you which gives you an interactive experience with the real environment.

The best example of Augmented reality is Pokemon Go wherein you could find and capture the imaginary animal on busy streets using your smartphone.Augmented reality isn’t a new concept.

Few examples of apps that use AR are IKEA, Google Sky Map, L’Oreal make-up, and SpotCrime.

AR can help in patient education where doctors can explain surgical procedures easily.

The problem can be shared in real-time and the issues can be resolved at the earliest.Life-saving informationAugmented reality helps to store crucial life-saving information on apps.

During an emergency, one can have access to such an extremely life-saving piece of information.Benefits for nurses & surgeonsIt is tough to find a vein to draw blood from the hand or to inject intravenous shots.

Creating AR experiences is not as difficult as you might think.

That’s a very good market with many opportunities to be explored.

So from creating 3D models to converting them for AR use and embedding them, discover in our blog how to add AR content to a website.

The 3D image of the car overlaid on the page and webcam was focused on it for results.

The pioneer happening aided marketers to achieve scale with augmented reality.

The AR ecosystem reality technology has four classes suited to AR apps:Mobile-based ARHead-mounted gear, for instance, Microsoft HoloLensSmart glasses such as Google Glass and other competing productsAR-based on the web browserDeeper Product OccurrenceThe digital channels, as well as smartphone technology user anticipation of consumers, are elevated in the shopping experience.

They bring a deeper look at the products as a buyer goes through different phases of the buyer’s journey.

Marketers have the chance to showcase their products to clients in an enriched environment.Irregular Information between Buyer and Seller!Asymmetric information between buyer and seller effects compatibility.

The retailer is aware as to where shirts were made, its cost, and how to calculate the profit.

According to experts, the market of AR game development will reach approx.

$289.93 billion by 2023 and its CAGR growth rate is expected to be 152.7% in the sector of augmented reality game development between 2017 and 2023.