Emerging Technology Is Changing How You Can Do Business

I love technology, and we’re fortunate to be living at a time when most of us are experiencing the great evolution of technology. For instance, we have cars that are out on our streets driving themselves. We have incredible advances in medicine and have eradicated diseases. And, as the U.S. shifts from government to public and private partnerships, I’m sure that we’re going to see incredible achievements in the space industry as humanity seeks to create a society that will thrive beyond the boundaries of Earth. The success of the reusable rocket by SpaceXin 2017 is a step in the right direction. However, technology can also be straightforward and affect our daily lives and businesses.

Zoom Room

In my company, one of the technologies that have fundamentally shifted how my team, client and our vendors relate to each other and work is Zoom. Zoom is one of the top video and web conferencing platforms on the market.

I love the technology because my team is spread out across the U.S. and even in Europe. Every single week we’re getting online with prescheduled or unscheduled Zoom meetings in our conference room, which we now call the Zoom room. People can join us at a moment’s notice from anywhere they have internet access using their desktops, tablets or smartphones.

OWL Labs

After using Zoom for a couple of months, we went one further for one-touch conferencing, which is supported by OWL Lab 360 degree camera and microphone. What does that mean? It … Read more

Technology Empowers Engineering Firms To Improve National Infrastructure

Human beings are creatures of habit, and most are loath to move out of their comfort zone. This perennial truth is apparent in many areas, but in technology, its impact appears formidable and challenging, with potential to bring about national disasters.

American writer and Professor of Biochemistry, Isaac Asimov, speaking at the Newark College of Engineering in New Jersey, once said, “I discovered, to my amazement that all through history there had been resistance… and bitter, exaggerated, last-stitch resistance… to every significant technological change that had taken place on earth. Usually the resistance came from those groups who stood to lose influence, status, money… as a result of the change.”

Professor Asimov’s comments are astute in observing bridge inspections in the US. One could even say truer words were never spoken. As the world’s only super power, the US is expected to set standards for the rest of the world to follow. So it seems incredulous, even shocking, to observe antiquated methodology still used extensively in inspecting the country’s vital bridges. Why? And, even as technology advances, bridges are still being inspected manually. Why?

And it is certainly not for the want of a viable alternative. Doug Thaler, President of Infrastructure Preservation Corporation (IPC) said, “Modern technology greatly empowers Inspection and Engineering staff today. Traditional infrastructure inspection methods are over 50 years old and quite outdated. New technology provides quantitative data that makes inspection far more effective, and also allows DOTs to better allocate existing funds within their current maintenance … Read more

Current Affairs: The Next American Economy by William Holstein Technology Clusters and Ecosystems

The U.S. Bureau of Labor Statistics reported an unemployment rate of 9.2 percent in June 2011. That number remains frustratingly consistent each month as millions of Americans struggle to find work.

It’s clear that many of the jobs lost over the last several decades, and during the Great Recession of 2008, are extinct. It’s said that the definition of insanity is repeatedly doing the same thing, yet hoping for different results.

Government stimulus packages and extended unemployment benefits are Band-aids for what, William Holstein, author of the new book, “The Next American Economy-A Blueprint for a Real Recovery,” identifies as structural challenges in America’s economy. Holstein has traveled the United States writing about globalization and economics for major business publications.

How will our country reinvent its workforce for the 21st century, and in what industries? Holstein believes our economic rebirth lies in technology clusters and ecosystems.

Following is a cross-sectional synopsis of America and how it’s revitalizing itself with technology clusters and ecosystems. Discussed too, are lessons for all Americans Holstein addresses regarding the country’s current economic challenges.

Technology Clusters
Clusters promote knowledge-sharing and product innovation. They also champion technical and business processes by providing thick networks of formal and informal relationships across organizations. Clusters tend to happen by accident and are difficult to create.

Orlando’s technology cluster is based on computer simulation and modeling; and is rooted in part by U.S. military and major defense contractors’ decision in the 1950s to locate operations in the Orlando area. Disney’s influence … Read more

Popularity of Golf: Technology & Region Expansion Leading to Demand for Golf Apparel

Golf is steadily shedding its elite status, as a new demographic of consumers is introduced to the sport. Today, golf continues to witness active participation from people across all ages in different parts of the world. The rising popularity of the sport has led to an increase in the number of international sporting events organized across the globe — Golf’s Ryder Cup scheduled to be held in France this year is a case in point. The increasing popularity of this sport has not only translated into a bigger TV audience for international sporting events, but has also pushed up sales of merchandising and golf equipment. Of particular significance has been the spurt in sales of golf apparel, with many brands broadening their range of offerings to cater evolving demand.

Advent of ‘Footgolf’ Likely to Introduce a New Consumer Segment to the Market

As golf is becoming a popular sport in various countries of Europe, playing footgolf has been witnessed as a recent trend among amateur golf enthusiasts. International government organizations such as FIFG (The Federation for International Footgolf) are taking various initiatives to organize global golf tourism and international sport events such as FIFG World Cup. Increasing participation of professional players in these events is likely to influence new players to take up this sport at a professional level – this in turn is likely to translate into increasing spending on apparel and equipment.

Technology Advancements to Underscore Lucrative Growth Opportunities

Emerging technological developments has led to significant transformations in … Read more

The Growth of Technology

It is hard to believe how much the world has changed in the last 30 years ago. Three decades ago, a day in the office involved poring over files and printed statistic pages that had been mailed from another office. Today, a similar day would involve reading these same statistics from the screen of a digital device such as a laptop or a handheld device. Thanks to the rapid evolution in technology, modern business results and relationships are achieved differently. Today, people are more likely to be concerned with acquiring essential iPhone parts or MacBook parts to their respective device than they are with buying a new suit.

The emergency of the enhanced digital age has provided many options that were previously unavailable. In colleges for example, students are now able to pay better attention to their classes and schedules. Most mobile devices are filled with extremely efficient organizers. These pseudo cyber secretaries ensure that students are able to correctly remember what they have to do during the day while still alerting them to the birthday status of friends. Sitting in the beds of their dorm rooms, many students are able to review lectures that they have missed on their laptops as well as discuss assignments amongst fellow peers.

In the world of the business, the use of technology has been even more dramatic. The presence of the internet has made the idea of a globalization a very real fact. Different branches of companies located in different parts of the … Read more

The Impact of Technology on the Developing Child

Reminiscing about the good old days when we were growing up is a memory trip well worth taking, when trying to understand the issues facing the children of today. A mere 20 years ago, children used to play outside all day, riding bikes, playing sports and building forts. Masters of imaginary games, children of the past created their own form of play that didn’t require costly equipment or parental supervision. Children of the past moved… a lot, and their sensory world was nature based and simple. In the past, family time was often spent doing chores, and children had expectations to meet on a daily basis. The dining room table was a central place where families came together to eat and talk about their day, and after dinner became the center for baking, crafts and homework.

Today’s families are different. Technology’s impact on the 21st century family is fracturing its very foundation, and causing a disintegration of core values that long ago were what held families together. Juggling work, home and community lives, parents now rely heavily on communication, information and transportation technology to make their lives faster and more efficient. Entertainment technology (TV, internet, videogames, iPods) has advanced so rapidly, that families have scarcely noticed the significant impact and changes to their family structure and lifestyles. A 2010 Kaiser Foundation study showed that elementary aged children use on average 8 hours per day of entertainment technology, 75% of these children have TV’s in their bedrooms, and 50% of North … Read more