New Technology in Business: 4 Inventions in 2019 That Are Changing the Game

Published on: 14 March 2019 Last Updated on: 15 July 2024
New Technology in Business

New technology has been changing business throughout history.

For instance, the invention of the printing press in the 15th Century had profound effects on the global economy and society overall. Mass production led to lower prices. Books and reading were no longer reserved for the rich and powerful.

The printing press enabled the exchange of information and reduced the class-divides that had been sustained through an uneducated, illiterate populace.

Of course, a modern-day equivalent would be the invention of the internet. But these are just 2 examples! Clearly, tech and business are often interconnected.

What are the latest inventions in tech that are influencing business around the world?

Keep reading to find out 4 pieces of game-changing new technology in business.

New Technology in Business: 4 Top Inventions:

Modern tech is changing the way business is run. Check out these 4 new inventions that are having a major impact.

1. The Internet of Things (IoT):

IoT is one of the hottest topics in tech right now.

It describes the interconnection of devices and everyday items through the internet. Think smart fridges ordering food whenever you’re running low.

Think calendars connected to self-driving cars, taking you automatically to your destination. Think kettles connected to alarm clocks, starting to boil shortly after you wake up.

The business opportunities are endless.

2. Conversation Intelligence:

Remember Wolf of Wall Street?

Jordan Belfort was a killer salesman who knew what to say to make a sale. He then took that insight and created a script for his employees to follow. Before long they were making sales with ease.

That’s the basis of conversation intelligence. You find what conversation works, then incorporate it into your sales pitch.

3. Artificial Intelligence (AI) Systems:

AI may seem like something from a dystopian future.

But it’s happening now. And the impact on business will be enormous.

Take customer markets, for example. Businesses will learn exactly what a consumer wants based on their previous decision making. Likewise, customer service can be done with a bot that can respond to customer needs and issues.

The business saves money and the consumer gets the answers they need, whenever they require it.

4. Virtual Reality (VR) and Augmented Reality (AR):

VR and AR remain in their early stages.

But their impact on business will be huge. It’s already having an effect.

Marketing is one example. Take the tourist industry.

Potential customers can walk through the hotel they’re interested in; sit in their flight seats; or explore their local neighborhood attractions…all before deciding whether to actually go.

In truth, there are immense potential opportunities for AR and VR in business.

Time to Wrap Up:

There you have it: 4 pieces of new technology in business that are changing the world.

Throughout history, technological advances have impacted business and society. From the printing press to electricity, to the internet, and so on, tech developments have profound effects on life.

Modern tech is developing at a staggering rate. Time will tell exactly how current advancements will change things. However, thanks in part to the developments we’ve discussed above, the business world is sure to be a different place in the future.

Want more content like this? Click here to check out all of our tech-related articles!

Read Also:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

train AI

World’s biggest chip will help train AI.

The tech world heard one of its biggest announcements, courtesy of Cerebral Systems. The Los Altos based tech manufacturer announced that created the world’s most powerful processor. In terms of comparisons, the Cerebras’s new processor is faster, stronger and bigger than anyone of its competitors, including Nvidia. Even though this was big news, the company did not stop there. Known for its hardware capabilities in Artificial Intelligence, it announced the creation of a specialized server for the chip, which would be solely directed at enabling, improving and building different AI capabilities and applications. The new chip from Cerebral has been titled as the ‘Wafer Scale Engine’. Just to give you a quick glimpse of its might and processing prowess, the company claims that in terms of mere comparisons, the WSE is nearly fifty-seven times mightier than Nvidia’s biggest offering. This means that the world has never seen a General Processing Unit (GPU) on the scale of the WSE. As the chip is expected to power strong AI-based applications, it boasts of 3000x on-chip memory capabilities. The new chip is expected to churn terabytes of data with ease. Its main application will be in cloud servers and large-scale SaaS businesses. Cerebral CEO, Andrew Feldman told Data Center Knowledge that the major applications of the new WSE chip will enable tech businesses to take their AI capabilities to the next level. The Founder of former chip company Sea Micro (Feldman sold the same to AMD for a record $334 Million in 2012) told the journal that this is the most revolutionary chip that has come out from any of the major manufacturers in recent times. Does size matter?  Semiconductor companies of the world have spent decades developing ever tinier chips. These can be combined to create super-powerful processors, thus why create a standalone AI mega-chip? According to Cerebral, the answer is that hooking lots of small chips together creates delays that slow down training of AI models causing a vast industry bottleneck. The company’s chip binds 400,000 cores or parts that operate processing which is tightly linked to one another to speed up data-crunching. It can also transfer data between memory and processing extremely fast. Fault tolerance:  But if this incredible chip is going to overcome the AI world, it will have to show that it can overcome some significant hurdles. One of these is in manufacturing. If contaminants sneak into a wafer being used to assemble lots of tiny chips, few of these may not be affected by impurity; but if there’s just one mega-chip on a cracker, the entire thing may have to be damaged severely. Cerebral alleges it’s found innovative ways to assure that contaminants won’t endanger a whole chip, but we don’t yet know if these will work in quantity production. Power play:  Another difficulty is energy performance. AI chips are spectacularly power-hungry, which has both economic and environmental assumptions. Shifting data between lots of tiny AI chips is a massive power suck, so Cerebras should have an asset here. If it can help solve this energy challenge, then the startup’s chip could determine that for AI, big silicon is pretty. Cerebral has done its homework when it comes to the WSE. Before making the announcement, the company has already started working with some companies with regard to the chip’s AI capabilities. CEO Feldman was proud of the fact that the next-gen chip would be particularly helpful in enabling researchers in several fields including those studying neural networks to make the most of this next-gen technology. In other words, the impact of this chip for the next levels of human advancements would be huge, to say the least. The principal analyst of Tritias Research, Kevin Krewell stated that these are interesting and exciting times for the industry. With Cerebral pushing the boundaries of what is possible in chip development and advancement. Several technologies and studies, which were limited and curtailed till now, would be able to power through with the help of WSE chips.www.wordcounttool.com Read Also: How Artificial Intelligence Is Helping Banking And Financial Institutions? New Technologies And Consumer Protection 6 Software Technologies That Will Dominate 2018

READ MOREDetails
Creative Translation

10 Essential Facts To Know While Translating In Creative Translation

Translation is not merely about converting words from one language to another. It is a delicate art that requires finesse and creativity to convey the intended message accurately. While traditional translation focuses on maintaining the literal meaning of the source text, creative translation takes things a step further by infusing creativity and adaptability into the process. Ten essential facts to know while translating in creative translation In this section, we discuss the ten critical facts to know while translating in creative translation.  1. Context is Key When it comes to Creative Translation Services Singapore, context plays a pivotal role in ensuring the accuracy and effectiveness of the translation. Understanding the cultural background, target audience, and intended message of the source text allows the translator to adapt the translation in a way that resonates with the target readers. For example, consider a marketing campaign for a new car targeting Singaporean customers. While translating slogans or taglines, a creative translator must be aware of the local culture, preferences, and values. Adapting the message to Singaporean colloquialisms or incorporating cultural references can make the translated text more engaging and relatable. 2. The Power of Adaptation Creative translation goes beyond the literal translation of words. It involves adapting the content to suit the cultural and linguistic context of the target audience. The goal is to maintain the essence and impact of the source text while ensuring it resonates with the target readers. For instance, let's say you are translating a novel set in London for a Singaporean audience. The original text may reference British landmarks and cultural references that may not be familiar to local readers. A creative translator would adapt the text by replacing these references with Singaporean equivalents, maintaining the same impact and immersing the readers into the story. 3. Multilingualism in Singapore Singapore is known for its cultural diversity and multilingualism. The country has four official languages: English, Mandarin Chinese, Malay, and Tamil. This linguistic diversity presents both opportunities and challenges when it comes to creative translation. A creative translator in Singapore must be sensitive to the nuances of multiple languages and their speakers. They must navigate through the intricacies of code-switching, language choice, and cultural variations to create translations that are not only accurate but also resonate with the different language communities in Singapore. 4. Cultural Nuances and Idioms Every language has its own set of cultural nuances and idioms that are deeply ingrained in its speakers' everyday communication. Creative translation requires a comprehensive understanding of these cultural nuances to effectively convey the intended meaning of the source text. Consider the English idiomatic expression "It's raining cats and dogs." A creative translator would not translate this phrase literally when targeting a non-English-speaking audience. Instead, they would adapt it to an equivalent idiomatic expression in the target language, ensuring the translated text captures the same essence and impact. 5. Varying Degrees of Creativity Creative translation is a spectrum, with varying degrees of creativity depending on the project at hand. While some projects may require a more liberal approach to translation, others may demand a more conservative and accurate rendition of the source text. For example, translating a work of fiction allows for greater creative freedom, as the focus lies on evoking emotions and capturing the essence of the story. On the other hand, translating legal or technical documents requires a more precise and accurate translation to ensure legal compliance and clarity. 6. The Role of Technology In today's digital era, technology has become an integral part of the translation process. Machine translation tools and computer-assisted translation (CAT) software have improved the overall efficiency and accuracy of translations. However, when it comes to creative translation, the human touch remains essential. While machines can assist with linguistic accuracy, they often lack the creativity, cultural understanding, and adaptability that human translators bring to the table. Creative translation demands the subtle nuances and expertise of a skilled translator to truly capture the essence of the source text and engage the target audience effectively. 7. Personal Experiences As a translator myself, I have had the privilege of working on numerous creative translation projects. One particularly memorable experience was translating a series of children's books from English to Malay for the Singaporean market. The challenge lay in preserving the humor and playfulness of the original text while adapting it to the local cultural context. Through creative translation, I was able to introduce local folktales and idiomatic expressions that Singaporean children could relate to, making the books more engaging and enjoyable. Witnessing the positive response and seeing the children connect with the stories on a deeper level was truly gratifying. 8. Balancing Authenticity and Adaptation One of the key challenges in creative translation is finding the right balance between authenticity and adaptation. While it is crucial to maintain the core message and style of the source text, it is equally important to ensure the translation resonates with the target audience and reads naturally in the target language. For instance, translating a famous literary work requires preserving the author's unique voice and writing style. However, a creative translator must also consider the preferences and reading habits of the target audience to create a translation that captures the essence of the original while remaining accessible and relatable. 9. Translators must Be The Negative Speakers The ultimate need for translation in business is to look out for deeper penetration. You need to connect with the audience and the potential customers to get a better example. The bilingual individual responsible for the translation consciously takes the pathway of biasedness. It means they must be negative individuals. Their translations must have to be local enough. But at the same time, they also have to ensure that they do not turn out to be negative speakers minus any kind of bias. Creative translation does not imply that you alter facts straight away with the help of biasedness.  10. The Machine Will Never Replace The Translators With the rise of technology, the employees related to this very sector think that one day they will be obsolete due to the rise of machines. Machine translation has evolved a lot in recent years.  But when the discussion comes to creative translations, machines will never be able to replace humans. Firstly, the machine needs to have the power to accumulate a set of ideas and completely reproduce them into an artistic rendition.  The machines have their limitations. They have information but zero creativity. Let us be assured of it. This is a capability that only stays with the human being.  Conclusion Creative translation is an art that allows for the seamless transference of ideas, emotions, and cultural nuances across languages and cultures. By harnessing the power of context, adaptation, and cultural understanding, translators can create translations that not only convey the meaning accurately but also engage and resonate with the target audience. As the world becomes increasingly interconnected, the need for effective and creative translation continues to grow. So, if you find yourself needing to translate marketing materials, literary works, or any content that seeks to captivate your target audience, consider the expertise of IPPWORLD. With their deep understanding of the creative translation process, IPPWORLD can help you unlock the full potential of your content and connect with audiences across various languages and cultures. Read Also: What Should my Content Cover to Rank on Google? How To Use Google Ads To Your Advantage The Basics on Google Local Algorithm

READ MOREDetails
Hard Drive

The Causes Why You Can’t Read Data in the External Hard Drive

Saving important data in an external hard drive is claimed as the safest way. Actually, there is still a possibility that the data is gone. Let’s learn more about how the data can be lost from the external hard drive and how to recover data from the external hard drive. Physical Damaged The main problem why you can’t detect the data in the external hard drive is because there is a problem with the external hard drive. Commonly, it is caused by the physical damaged because of improper treatment. There is a possibility that you ever dropped the external hard drive. The physical damage is also caused by high pressure. It might be okay in the first time but soon, it makes data not detected when you try to connect it to the other devices. Overused Using the external hard drive too long triggers problems. One of the impacts is that the data in the external hard drive is unable to detect. There is a possibility that the external hard drive is overused. When you use the hard drive, the driver will spin up while reading the data. If you use it too long it means the driver will spin up all the time and it triggers the hard drive to spin faster and doesn’t read the data completely. Corrupted Drive System Files Another reason why you can’t read the data in your external hard drive is that of the drive system files. The undetected data is because the drive system files are lost or corrupt. The system files have an important role in keeping the data or files work properly. Without a normal drive system file, the external hard drive can’t read your data. The Problem in the Connector Sometimes, the problem is not in the external hard drive but in its connector. It is better for you to check it by using a different type of USB port or cable. One of them has to connect the hard drive and the device. Hopefully, it doesn’t have any impact on the data in the hard drive. So, the solution is only finding the right USB port and cable and you can open the data. System Termination Just be careful when you connect the hard drive to the computer or the other devices. There is a case that by the time you connect it, the computer is suddenly terminated or hang without any specific reason. If it is happening to your external hard drive, there is a possibility that your data can’t be detected. Power Surges Another thing you need to worry is when you transfer data from the external hard drive to another device. Just make sure that the data is transferred successfully. If there is a problem during the transfer process such as power surges so the impact will be fatal for both devices. It might damage your external hard drive or computer. Indeed, you will lose the data in the external hard drive. Virus or Malware Infection   The common cause is also a virus or malware infection, especially if you tend to connect the hard drive to the devices which are not protected by antivirus or malware. The worse impact is you lost the data and the hard drive will be undetected. The Way to Get Corrupted Data Back with Data Recovery Software Luckily, there are some solutions to get the data in the external hard drive back. The best way to get the corrupted data back is by using data recovery software. You can find trusted data recovery software to help you take the lost data back and use it normally. The process and the result depend on the software you choose. For example, there is software which doing the process slowly along with low accuracy. On the other hand, there is also software which can scan the lost data fast along with high-level of accuracy. Even, the software is supported by a deep scanning feature to scan the external hard drive deeper and get all the lost data. The way to use the data recovery software is easy. You just need to download and install it first. Then, connect your external hard drive to the computer where you download the software. Follow the instruction step by step and make sure that you do the steps right. After the scanning process, you are able to preview the lost data and click the recover button to recover those data. Now, you know how to recover data from external hard disk. As long as the hard drive is detected, you can get the lost data with data recovery software. Summary: There are some causes why you can’t read data in your external hard drive. This article shows about the causes and the way to solve it. Read Also: Different Ways To Backup Your Hard Drive Explained 5 Indispensable Things To Keep In Mind While Picking A Hard Drive How To Securely Wipe Your Confidential Data From A Hard Drive

READ MOREDetails