How Chatbots and Artificial Intelligence (AI) Influence the Market Trends?

How Chatbots and Artificial Intelligence (AI) Influence the Market Trends?
Chatbots and Artificial Intelligence (AI) development
Let’s think of a situation where we as employees have to sit and individually rectify the issues faced by our customers. Doesn’t it sound complex and exhausting? What if the same task is performed with the help of technology? Now that definitely sounds impressive. Well! Chatbot Technology along with AI can actually execute such tasks easily and quickly with an automated process and make our lives simpler.
Chatbots are software programs that imitate human conversations, whether written or verbal, whereas Artificial Intelligence comprises of Natural Language Processing, Machine Learning and Deep Learning which enables Chatbots to learn various arrangements in the data.
In the year 2016, Facebook created a sensation by introducing a Chatbot messenger. After looking at the success of Facebook, many other companies started integrating Chatbots in their software applications with the help of Machine Learning Development Service providers.
Here are a few statistics about Chatbots.
  • As per Business Insider’s report, 48% of consumers prefer a Chatbot that solves issues over a human help.
  • Adobe 2018, too, predicts that 31% of the top companies in the US intend to use Chatbot powered by AI in the upcoming year.
  • Gartner, a world leader in IT research has already predicted that by 2021, more than 50% of the enterprises will spend more on Chatbots than mobile apps.
Looking at these statistics, we can depict that AI powered Chatbots have a bright future. Also, it is obvious that the Chatbot development services round the globe have taken a leap.
Customer Service is of great importance in any field as it allows the customers to interact as per their choice and get their issues resolved. A Chatbot and AI can become a part of the Mobile Application Development process in order to strategize and boost the business. AI powered Chatbots are rapidly evolving and one needs to ensure that the business provides outstanding customer experience to its clients. With the quick progressions in machine learning and Natural Language Processing, Chatbots can helpfully comprehend clients’ inquiries and give them satisfactory answers which are fed in the database.
A bot is integrated by any business so that it can access the historical data and provide answers to queries raised by the customers and give them a smoother and comforting customer experience. As a result, a lot of businesses are implementing Chatbots in their Customer Relationship Management (CRM) Database, with an intention to maximize and spread their business. With the ever-increasing number of mobile app development companies using API (Application Program Interface) to coordinate within their Chatbots, the interest has now shifted on bots that hold the ability to interact across platforms. Henceforth, we can hope to see a rise in various tools and technologies which will foster the web and mobile app developers to build a Chatbot powered by AI that can communicate on voice calls to chat messages.
Chatbots developed by a mobile application company have already started to be the face of AI.

WHY CHATBOTS AND AI?

chatbot
The motive behind Chatbots is to help and scale business groups in their relations with clients. They enable organizations to save a lot of time and money which is the reason numerous entrepreneurs are switching to this latest technology. The biggest advantage of Chatbot and AI is that they are very captivating and lively. They try to know more about the user’s taste and preferences.
One does not need to download an application to be able to use a Chatbot and AI, thus saving a lot of space in your device. The end-users do not need to wait for hours or even minutes anymore to get a response. Chatbots are quick & highly responsive. You ask a query, and there will be an immediate response in the shortest time possible. Besides, Chatbots handle multiple requests at a given time. This is seen as one of the major advantages because it is humanly impossible to handle many requests simultaneously, but Chatbots make it possible thereby reducing the cost.

SCOPE OF CHATBOTS AND AI

Chatbots and AI
In this contemporary world, Chatbots and AI are being fused in the sectors of E-commerce and Social Media. For instance, Amazon has magnified its sales force in this space. Amazon integrated its voice assistant, Alexa, into its native mobile app. It has creatively integrated messaging assistant into its mobile application and has been doing wonders for Amazon. Instagram too uses AI for engaging its users.
Let’s take a look at the scope of Chatbots and AI in various fields:
  • E-COMMERCE: Chatbots are commonly used by the e-commerce business as they need to answer the queries of their users across the globe. E-bay’s ShopBot is a budding example of helping their users in shopping.
  • HEALTHCARE: Chatbots are approaching in the field of practice management system in healthcare as consulting a doctor has become slightly difficult these days because of their tight schedule and expensive fees. So, in such a situation, a Chatbot plays the role of a doctor in diagnosing the patient’s health conditions initially. Buoy Health is a Chatbot which takes the medical details of the patient and offers them various solutions and steps for the same.
  • MEDIA: Of lately, Chatbots are becoming successful in the field of news and publishing as well. They serve highly personalized and recommended content to their readers online. CNN, in recent times, has launched a mobile app with Chatbot incorporated in it.

CONCLUSION

Chatbots have altered the ways in which organizations connect with their clients, and we have just begun the journey of revolutionizing Chatbots powered by AI. Despite the on-going challenges in developing a technology-based customer experience tool, it paves an opportunity to engage with customers efficiently and in maintaining long-lasting relationships with them. Owing to their myriad benefits, Biz4Solutions has suggested many of its clients to include Chatbot in mobile and web app development in order to get quick responses and earn better ROI.

Comparing React Native to other Trending Cross-Platform App Development Technologies!

Comparing React Native to other Trending Cross-Platform App Development Technologies!
react native app development
A survey conducted by Statista reveals; “Cross-platform technologies are used by approximately one-third of the mobile app developers as of 2020. Out of the contemporary cross-platform frameworks, 42% of software developers used React Native, 39% used Flutter, 18% used Cordova, 18% used Ionic and 14% used Xamarin”.
The aforesaid data indicates the popularity of React Native framework amongst the trending cross-platform frameworks. Yet, an app creator finds it difficult to select a framework for the next app development project; due to the availability of multiple options. So, despite React Native’s high adoption rate, businesses are curious to know about where this framework stands in comparison to its competitors – Flutter, Cordova, Ionic, and Xamarin. And, to be honest, it is a smart move to analyze all the available options and weigh the pros and cons of the most popular framework before narrowing down on a single option for app development.
This article compares React Native to the other cross-platform frameworks to provide clear visibility to entrepreneurs planning to invest in cross-platform app development. But, before proceeding further; take a quick look at the language and technology stacks used by each of the contemporary cross-platform frameworks.

React native and its Competitors: Programming Languages and Technology stacks used

React Native uses JavaScript, a most popular, dynamic, and high-level programming language. React Native blends the goodies of JavaScript and the web framework ReactJS. It also permits the writing of modules in Swift, Objective-C, or Java languages.
Flutter uses the Dart language. Dart can be compiled into the native code for enhancing the app’s performance. During build creation, Dart gets compiled into the code for ARM and x86 processors (Ahead of Time) and can also be translated into JavaScript as well as support dynamic compilation through the runtime (Just in Time).
Cordova enables one to use web technologies like CSS3, HTML5, and JavaScript for cross-platform app development, avoiding the usage of the native development language for each mobile platform. The applications are executed within wrappers meant for each platform and depend on the standard API bindings for accessing the data, sensors, and network status of each device.
Ionic makes use of web technologies such as JavaScript, CSS, and HTML5 for writing and running applications. The Cordova wrapper is needed for accessing the native platform controllers. Ionic’s core is written in Sass and the chief programming language is TypeScript. The usage of Typescript enables Ionic developers to detect as well as eliminate errors while code typing, and as such enhances the code quality. However, the usage of TypeScript is optional as the entire app can be written in plain JavaScript.
Xamarin uses the .NET framework and C#, a statically typed language; for all mobile platforms. A developer using C# with Xamarin can achieve the same outcome as delivered by Swift, Objective-C, or Java.

React Native Compared to the Contemporary Cross-Platform App Development Frameworks

react native app development company
React Native vs Flutter
  • JavaScript is an easy-going and common programming language than the lesser-known Dart. Besides, Flutter development involves a steep learning curve. So, it’s easier for a React Native app development Company to find the necessary expertise and train professionals. Also, Flutter possesses richer and more organized documentation than React Native.
  • React Native is easy to install and configure. Yarn and NodeJS would be required as Package managers when React-Native CLI is installed globally through the command line. Contrarily, Flutter installation needs additional effort – downloading the binary for the mobile platform, then adding path variable through the command line – that is complex as well as time-consuming.
  • Owing to the JavaScript bridge, React Native can render native components for every platform and hence replicates the look and feel of native iOS and Android apps. Flutter uses built-in widgets to create native-like UI and fares better in case of complex UI creation. Additionally, Flutter apps display more consistency across various platforms.
  • React Native utilizes a JavaScript bridge to interact with the native modules. The bridge tends to lag the UI because the bridge lowers rendering speed. Flutter, on the other hand, doesn’t need a bridge for this task, owing to its multiple in-built components along with frameworks like Skia engine, Cupertino, and Material Design. Hence, Flutter applications are more stable.
  • React Native enjoys a stronger community backing which is an important advantage for an open-source framework. On the other hand community support for Flutter is smaller in comparison to React Native. Find more details about differences in this blog.
React Native vs Cordova
  • React Native apps excel in performance while Cordova apps, being WebViews, are slower and lesser responsive.
  • React Native offers a speedier interaction with core components and better native UX as it renders HTML as native UI in comparison to Cordova.
  • Cordova offers more code reusability across various platforms.
  • React Native provides a finer native user experience in comparison to Cordova
  • Debugging is easier and simpler with React Native.
React Native vs Ionic
  • While React Native follows the principle of “Learn once and write anywhere”; Ionic’s theory is “Write once and run anywhere”.
  • The Ionic developers encounter an easier learning curve due to web technologies as compared to the React Native developers.
  • React Native apps are much faster than Ionic apps and also possess elegant interfaces like native applications.
  • React Native requires an emulator or real mobile device for code testing whereas the Ionic code can be tested using any browser.
React Native vs Xamarin
  • Both are open-source platforms but Xamarin is free only for small firms and individuals.
  • React Native offers some built-in components like buttons and text inputs that are partially adaptive. These components have to be rebuilt in case of advanced features. But, Xamarin. Forms provide a complete cross-platform toolkit having native UI components for Android and iOS that are compiled into platform-specified UI components.
  • React Native boasts of better community support while Xamarin enjoys greater code reusability.

Bottom line

I hope the comparison of React Native and its contemporaries was enlightening and will assist the businesses planning to develop cross-platform apps to decide on the best cross-platform framework that suits their needs.
For technical assistance with any of these aforesaid frameworks; contact Biz4Solutions; a prominent and highly experienced mobile app development company.