There is a lot of talk regarding latest industrial trend where digital technologies, such as the Artificial Intelligence, Internet of Things, 4D Printing, Mixed Reality and Robotics Process Automation. We believe that new technologies will significantly change the way we work, and will transform the procurement. Procurement is one of the most obvious functions that could harness this emerging technologies and reap the obvious cost and time saving benefits. Here are some example of how emerging technologies influence in procurement task.
Virtual Reality and Augmented Reality are terms relatively known in the simulation world. Mixed reality is the third term which is increasingly becoming popular and it refers to the merging or combination of virtual environments and real environments where both worlds can exist together. In other quarters, mixed reality is also known as “Hybrid Reality.