Impact of Technology on Business

Together with the advancement of science and technology, technological innovations grew along with it, resulting to the emergence of new equipment and gadgets. No matter how big or small your company is, technology brings both intangible and tangible benefits to become cost efficient and to meet the growing demands and needs of customers. Technological innovations affect corporate efficiency, culture and relationship among employees, clients, suppliers and customers. The type and quality of technology used affect the security of confidential business information.

Due to the burden brought by administrative tasks, like inventory, bookkeeping and records keeping, both big and small companies rely on computers to do their administrative works. The birth of Internet and online social networking sites tremendously decreased the costs of business operations. It also makes it easier for companies to use the Six Sigma management methodologies. Some firms shifted to outsourcing instead of hiring their own personnel due to the low costs associated with it. Because of the huge impact of technological innovations to companies, it is impossible for them to live with it.

Commonly used high technology equipment:

  • Computers
  • Photocopier
  • Telephone
  • Computer printer
  • Internet
  • Paper shredder
  • Multimedia projector
  • Touch screen monitors
  • Computer mouse
  • Laptop computers

Advantages of Technology to Business:

  • Customer Relations. Technology affects the way companies communicate and establish relations with their clients. In a fast moving and business environment, it is vital for them to interact with clients regularly and quickly to gain their trust and to obtain customer loyalty. With the use of Internet
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Bitcoin Basics

For someone not familiar with Bitcoin, the first question that comes to mind is, “What is Bitcoin?” And another common question that is often asked relates to the Bitcoin price. It started out a under 10 cents per Bitcoin upon its introduction in early 2009. It has risen steadily since and has hovered around $4000 per Bitcoin recently. So regarding Bitcoin value or the Bitcoin rate this is a most remarkable appreciation of value and has created many, many millionaires over the last eight years.

The Bitcoin market is worldwide and the citizens of China and Japan have been particularly active in its purchase along with other Asian countries. However, recently in Bitcoin news the Chinese government has tried to suppress its activity in that country. That action drove the value of Bitcoin down for a short time but it soon surged back and is now close to its previous value.

The Bitcoin history chart is very interesting. Its creator was an anonymous group of brilliant mathematicians (using the pseudonym Satoski Nakamoto) who designed it in 2008 to be “virtual gold” and released the first Bitcoin software in early 2009 during the height of the USA economic crisis. They knew that to have lasting value, it like gold had to have a finite supply. So in creating it they capped the supply at 21 million Bitcoin.

Bitcoin mining refers to the process by which new Bitcoin is created. With conventional currency, government decides when and where to print and distribute … Read more

Negotiating Technology Contracts

Have you ever tried to negotiate a deal for software, computer equipment, or consulting services with a technology company? The task can be daunting. Unfortunately, the sales forces of most IT companies are armed to the hilt with techniques to get the best deal for them, and not necessarily the best deal for you. And even worse, most of us computer folk (like myself) have never been trained in the art of negotiation, so it can be difficult to spot a snake in the grass. Before you begin negotiating a technology deal, know what you’re getting in to.

Solicit, Don’t Be Solicited

I receive at least three calls each day from technology vendors interested in selling something: hardware equipment, software tools, consulting services, etc. Usually, these calls are “cold”. My name somehow landed on a telemarketing list in the hands of some vendor who is calling me out of the clear blue sky hoping that what they sell somehow matches what I need. You can waste hours on the phone letting some non-technical, script-reading, telemarketer or sales representative chew your ear off about their latest and greatest gizmo. Very rarely do these types of calls ever translate into a real business opportunity.

The most popular cold call opening is “Good morning. This is Joe from the XYZ software company. We offer break through whatever solutions to help you reduce your total cost of ownership for whatever. Let me ask you, are your responsible for managing your companies whatever investment?” I … Read more

How Bitcoin Works

Bitcoins are a decentralized form of crypto currency. Meaning, they are not regulated by a financial institution or the government. As such, unlike a traditional bank account, you do not need a long list a paperwork such as an ID in order for you to establish what’s known as a bitcoin wallet. The bitcoin wallet is what you will use to access your bitcoins and to send bitcoins to other individuals.

How To Setup An Account

You can acquire a bitcoin wallet from a bitcoin broker such as Coinbase. When you open up a wallet through a certified broker, you are given a bitcoin address which is a series of numbers and letters, similarly to an account number for a bank account and a private key which is a series of numbers and letters as well, which serve as your password.

How Does Bitcoin Work As An Anonymous Payment Processor

You can do 3 things with bitcoins, you can make a purchase, send money anonymously to someone or utilize it as an investment. More and more merchants have been accepting bitcoins as a form of payment. By utilizing bitcoins instead of cash, you are essentially making that purchase anonymously. The same thing goes for sending money, based on the fact that you do not have to submit a mountain of payment in order for you to establish a bitcoin anonymously, essentially you can send money to someone else anonymously.

How Does Bitcoin Work As An Investment

The price of a … Read more

Android Phone – Unveiling the Hidden Features

Are you an Android phone user, but are unaware of most of the features it provides? Do you want to discover safer and interesting features on your phone? Go through this article to know some of the Android tips and tricks, which will be useful for you.

Most of the people in the present world use Android phones daily, for calling, messaging and more. Android is the mobile operating system, which most of the phone manufacturing companies use in their phones. There are lots of features, rather than calling and messaging to be examined. Explore the hidden features and many time-saving tricks in your gadget.

The basic problem, a phone user face, is the battery issues. Most of the Android phones have an inbuilt power strip option, which when activated, provides faster disconnection of all the phone ‘s battery thus killing the applications. Another feature is that, you can be the developer of your own phone settings. Go to the ‘Settings’, select ‘About phone’ option and tap seven times on your phone’s ‘Build number’.

An onscreen countdown will be shown on the screen, which will be followed by a command telling that you are now a developer and ‘Developer option’ will be shown just above the ‘About phone’ option.
This ‘Developer option’ can be utilized well to reduce the lagging of your Android phone as well.

By reducing the ‘Window animation scale’, ‘Animator duration scale’ and ‘Transition animation scale’ in ‘Developer option’, from 1x to 0.5x, your phone may actually … Read more

Computer Resgistry Cleaner Issues

Let’s talk a little bit about computer registry and registry cleaners. The registry is the holding area for the computer programs in your computer. Without a computer registry your computer would not boot up to the main operating system. There are literally thousands of lines of code in the computer registry. To keep all this code in order the registry is broken up into file drawers like a file cabinet. Each drawer holds the lines of code for the programs in your computer. When the processor of the computer is calculating the code for a program the computer processor goes to the registry and pulls the code it needs to process the request. The problem arises when there is junk files in the drawers of the registry, this can cause a fast computer to run slow.

Over time the registry gets over filled with junk files or files that are left behind when you remove programs from your computer or bad links to files that lead to a dead end. When the registry gets overfilled with garbage files the computer can get very sluggish, the compute can start crashing unexpectedly, your pages start freezing up, you may start getting memory dump issues, or worse of all you start receiving the blue screen of death when you go to fire up your computer.

The problem that I run into a lot when going out to fix customer’s system is that the customer ran a registry cleaner and now the computer has … Read more