Technology

Home > Business > Industry-specific knowledge > Technology

The latest technological innovations and how they are used in the industry, including automation, data analytics, and robotics.

Hardware: Refers to the physical components of a computer or device, including the processor, memory, storage, input and output devices.
Software: Refers to any program or set of programs that run on hardware and perform specific tasks.
Operating Systems: The software that manages hardware and software resources and provides common services for programs to run on.
Networking: The methods and protocols used to connect computers and devices together to share resources and communicate with each other.
Internet and Web Technologies: The technologies and protocols that enable the use of the Internet and World-Wide-Web, including HTML, CSS, and JavaScript.
Cybersecurity: The practice of protecting computer systems, networks, and information from unauthorized access, use, disclosure, disruption, modification, or destruction.
Database Management: Refers to the tools, software, and processes used to organize and manage large amounts of data.
Artificial Intelligence: The development of computer systems that can perform tasks that typically require human intelligence, such as visual perception, speech recognition, decision-making, and language translation.
Robotics: The study, design, and construction of robots and their use in various industries, including manufacturing, healthcare, and transportation.
Cloud Computing: A method of delivering IT services as a utility using virtualized computing resources over the internet.
Mobile Technologies: The development of software and applications for mobile devices, including smartphones, tablets, and wearables.
Project Management: The principles, methods, and tools used to plan, organize, and manage resources to achieve specific goals and objectives.
Agile Methodologies: A set of project management principles and methods that emphasize iterative development, flexibility, and collaboration.
Business Analysis: A set of techniques and methodologies used to identify, analyze, and document business needs and requirements.
Big Data: Refers to the large and complex datasets generated by a variety of sources, including social media, sensor networks, and transactional databases.
Digital Marketing: The use of digital channels and technologies, such as social media, email, and search engines, to promote products or services and engage with customers.
e-Commerce: The buying and selling of goods and services over the internet, including online marketplaces, auctions, and online storefronts.
User Experience Design: The process of designing digital products or services to optimize user satisfaction and engagement.
DevOps: The combination of development and operations teams to improve efficiency, performance, and reliability of software development and deployment.
Blockchain: A distributed ledger technology that allows for secure and transparent transactions without the need for a central authority.
Artificial Intelligence (AI): AI is the capability of machines to perform various human-like tasks such as speech and face recognition, decision making, data analysis, and more.
Internet of Things (IoT): IoT is the network of devices that are interconnected to each other and have the ability to share data and interact without human intervention.
Blockchain: Blockchain is a decentralized, distributed ledger technology that enables secure and transparent transactions between parties.
Augmented Reality (AR): AR is an immersive technology that overlays digital information or objects over the real-world environment.
Virtual Reality (VR): VR is a computer-generated simulation of a three-dimensional environment that can be experienced through a headset.
Cybersecurity: Cybersecurity refers to the protection of computer systems, networks, and data from unauthorized access, theft, and damage.
Robotics: Robotics is the technology that involves the design, development, and operation of robots.
Cloud Computing: Cloud computing is the delivery of computing services such as servers, storage, applications, and more over the internet.
Quantum Computing: Quantum computing is an advanced computing technology that uses quantum mechanics principles to process data and solve complex problems.
Biotechnology: Biotechnology involves the use of living organisms or biological systems to develop and improve products and services.
Nanotechnology: Nanotechnology deals with the study and development of materials at the nanoscale level, which is one billionth of a meter.
Advanced Materials: Advanced materials are those materials that have superior properties than traditional materials such as strength, durability, and conductivity.
Renewable Energy: Renewable energy refers to the energy derived from natural sources such as sunlight, wind, and water.
Aerospace Technology: Aerospace technology refers to the design, development, and production of aircraft, spacecraft, and related systems.
Transportation Technology: Transportation technology involves the development of vehicles and systems that enable the transportation of people and goods efficiently.
"Automation describes a wide range of technologies that reduce human intervention in processes, namely by predetermining decision criteria, subprocess relationships, and related actions, as well as embodying those predeterminations in machines."
"The benefit of automation includes labor savings, reducing waste, savings in electricity costs, savings in material costs, and improvements to quality, accuracy, and precision."
"Automation has been achieved by various means including mechanical, hydraulic, pneumatic, electrical, electronic devices, and computers, usually in combination."
"Examples range from a household thermostat controlling a boiler to a large industrial control system with tens of thousands of input measurements and output control signals."
"Automation has also found a home in the banking industry."
"The mathematical basis of control theory was begun in the 18th century and advanced rapidly in the 20th."
"The term automation, inspired by the earlier word automatic (coming from automaton), was not widely used before 1947."
"Ford established an automation department in 1947."
"In the simplest type of an automatic control loop, a controller compares a measured value of a process with a desired set value and processes the resulting error signal to change some input to the process, in such a way that the process stays at its set point despite disturbances."
"The industry was rapidly adopting feedback controllers, which were introduced in the 1930s."
"The World Bank's World Development Report of 2019 shows evidence that the new industries and jobs in the technology sector outweigh the economic effects of workers being displaced by automation."
"Job losses and downward mobility blamed on automation have been cited as one of many factors in the resurgence of nationalist, protectionist and populist politics in the US, UK and France, among other countries since the 2010s."
"Automation reduces human intervention in processes by predetermining decision criteria, subprocess relationships, and related actions, as well as embodying those predeterminations in machines."
"Complicated systems, such as modern factories, airplanes, and ships typically use combinations of all these techniques."
"Automation includes the use of various equipment and control systems such as machinery, processes in factories, boilers, and heat-treating ovens, switching on telephone networks, steering, and stabilization of ships, aircraft, and other applications and vehicles with reduced human intervention."
"A closed-loop control system consists of a controller and a process."
"Automation contributes to labor savings by reducing the need for human intervention in various processes."
"Automation leads to savings in electricity costs and material costs due to improved efficiency and reduced waste."
"Automation has found applications in industries ranging from manufacturing to telecommunications and transportation."
"Automation improves quality, accuracy, and precision by implementing predetermined criteria and actions in machines, reducing the possibilities of human error."