Posts for Technology Category

A look at the highly influential areas of technology like artificial intelligence for governments. Right investments and applications, will augment rather than replace human resources.
Artificial Intelligence, Technology

Why Should Governments Invest In Futuristic Technologies Like AI?

A look at the highly influential areas of technology like Artificial Intelligence, which the governments gain on.


Throughout the years, technology has played its part in shaping the modern digital world. With dependence on technology becoming more of a need, one must agree that it is only in the recent past that the government investment in futuristic technology has come on par with private investors. What makes it crucial for the governments to step in rather than watch the private sector take over the arena? What difference does it make compared to the technological advances the world has seen so far?

UPSKILLING THE WORKERS TOWARDS ARTIFICIAL INTELLIGENCE

As technology takes over, workers in different sectors should be upskilled rather than simply complaining that humans are losing jobs to technological advancements. There will be jobs created by technology like AI, which would require more than normal skills found today. The finance sector is the best example of this today. AI is already assisting financial officers in augmenting financial planning and enhance investment strategy. Being a relatively conservative area, AI is used to track data-driven investments enhancing business modules. They are also used to prevent fraud, create better security mechanisms and track culprits based on their activities and so on.

AN ALL-ROUND INFLUENCE BY TECHNOLOGY

Investing in futuristic technologies not only helps in better returns but also improve every field they are used in. For instance, robotic surgeries are far more accurate and precise than human surgeons; better infrastructure planning, citizen response systems to address their issues instantly and directly, defining policy requirements based on data collected, etc. are some of the areas where the governments are already using technology. While increasing their chances to retain power, technology also means immediate government regulations based on what algorithms indicate. Influential technologies like AI cannot be sent back to the start. They need to be used constructively like having a more open government, assisting in smart citizenship, resulting in a good balance between democracy and technocracy.

INDUSTRIALIZATION OF AI

A study suggests that about $15.7 trillion will be added to the global economy by 2023, thanks to AI, out of which North America alone will be responsible for 14.5% of the boost. With giants like the US and Canada spending actively on AI, such a massive impact can be achieved with the industrialization of Artificial Intelligence. As already seen, the wide range of applications and influence in various industries result in a constant state of innovation.

Growth becomes inevitable with innovation, especially in fields like agriculture, labor markets, energy management, etc. This is already in progress with the governments investing highly in researches and working closely with Universities to use fresh minds for development and innovation.

Right investments and applications will augment rather than replace human resources. Citizens are in touch with the most advanced technology as soon as they see the light of the world. Time is not in the governments’ favor. Hence, it is ideal that they start investing in these technologies today rather than watch the private sector make use of the gap and influence the people in their own ways. The government also could prove to be the point of control in not letting technology influence people in a bad way.

Most of the developed nations like Canada are focusing on technology as a driving force for a global society instead of simply looking at a national gain. A quick brief on the AI scene in Canada. In return, one can also say that globalization has impacted the perspectives of countries investing in futuristic technology.

Written by Aradhya Singh in July 25, 2019
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Larger firms have a better view of the problem, for which startups prove to be problem-solving. A quick look at how Corporate Venturing acts as a win-win.
Enterprises, Startup, Technology

How Do Larger Firms Depend On Startups To Develop Technology?

A quick look at how Corporate Venturing acts as a win-win for the parties involved, the enterprises and startups.


The interdependence of larger firms and startups has become the norm in the world of technology. While big companies look to maintain their position intact in the competitive market, as they are constantly on the look-out for up-to-date and futuristic technology at the same time, startups become their go-to. Simply called as Corporate Venturing, several big companies rely on start-ups to innovate and explore the industries ensuring minimum damage and maximum growth.

A study claims that Corporate Venturing was on a continuous rise throughout 2018. We cannot deny that the current year and the future will only see better investments.

WHY STARTUPS?

Innovation

Startups are constantly challenging the status quo and are hungrier than any established firm. The fire within to rise and shine has to be fuelled with proper finances. The big firms already have set systems in place and flexibility becomes rare inside the working environment, making it challenging to innovate at the speed which the market demands. Startups ensure a pipeline of new ideas to continue growth. With an ocean of workers and firmly rooted systems, it is almost impossible to expect speed and precision at the same time.

Exchange

In return, these firms offer finances, workforce, an easy establishment in the market, facilities, etc. The little spark of an idea is kept alive by these factors, which most of the startups do not possess. They do not have the means to scale their business. Larger firms act as catalysts to learn, explore and execute their ideas while also understanding existing business problems from a better perspective. In short, larger firms have a better view of the problem, for which start-ups prove to be problem-solving.

HOW DO THESE FIRMS MAKE SURE THEY ENGAGE WELL WITH START-UPS?

Big companies might not invest only in one startup. While they have their sights on many of them simultaneously, they make use of the specific capabilities of each startup rather than depending on one for every innovation. This results in an all-round development within a short span. In turn, the startups get access to the firm’s customers and the market easily.

When a startup presents an idea, if the firm validates it, there is a huge opportunity for the startup to experiment their solutions in the market practically. Startups are persistent. They are out there to prove a point. Hence, when something fails, it is not the end of the world. With enough trust and patience from the investing firms, their chances of succeeding go higher.

Collaboration need not always mean partnership. A lot of these big firms look for shorter relationships with startups and move on to other options. Sometimes, they can be mere extensions of the existing teams in a firm. Know the impacts of digital transformation in business. The brighter side of this is that the startups gain their customer base and also have a practical validation for their products and solutions. With clear communication on what they expect from the larger firms and where the collaboration leads to ensure a healthy relationship on both sides.

A successful partnering demands discipline, patience, focus and respect from both ends. Clear communication on expectations, demands, and requirements will put away any complication. With the right proportion of win-win in the mind, startups and big firms can collaborate to create a world of technological wonder.

Written by Aradhya Singh in July 18, 2019
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How businesses cope with digital transformation, which is both necessary and demanding. Understand from all ends to bridge the gap.
Digital Transformation

The Impact Of Digital Transformation In Business

How businesses cope with digital transformation, which is both necessary and demanding.


Digital transformation has become synonymous with businesses in the recent past. The term has been used so much that the clear definition and implementation tend to become vaguer with each passing day as businesses use this to assert their presence in the respective markets. What are the best ways to ensure this implementation is as effective as it should be? Why has it become the need of the day? What impact does the digital transformation have on businesses today?

ROLE OF DIGITAL TRANSFORMATION IN BUSINESSES

Digital transformation, simply put, is adopting digital processes as tools to achieve business goals. Though the process requires multi-layered planning, method, and execution, almost every business is at it today. It has become more of a cultural phenomenon in the business world rather than a mere strategy. Technology media company IDG has reported that out of 89% of the companies looking to adopt a digital-first strategy, only 44% of them have successfully implemented it. The fundamentals of digital transformation lie in how the business adapts to the ever-growing market and how the human resources focus on futuristic goals while the digital tools take care of the present. Such transformations also mean that the employees should adapt to the changing systems with time. Thus, they do not define what the organization does but how things are done.

INCREASING RESILIENCE WITH DIGITAL TRANSFORMATION

Continuous and adaptive growth implies that employees are ready to adapt to new situations better. With a flexible work process, organizations need not train the employees to adapt to any situation, leading to long-term success avoiding hasty short-term decisions. This eventually results in companies escaping the competency trap. Rigid frameworks are already in place to prevent sudden shake-ups or changes. Since most of the digital transformations are data-based, there is increased transparency, which means the unique strengths of the businesses are highlighted. The company’s priorities are sorted smoothly, demanding smart decision making from them. This eventually leads to better work structure, increased profit and professional development for the employees as they become technically sound with each process.

KEYS TO A SUCCESSFUL DIGITAL TRANSFORMATION

The following have been identified as some of the essentials to achieve the complicated digital transformation to have a more effective working inside any organization.

  • Insightful, tech-savvy leaders who understand the necessity and importance of digital transformation.
  • Easier ways to help employees to adapt to the technological changes within the organization.
  • Having more futuristic goals to engage the employees and empowering them to work in new ways.
  • Making this transformation a continuous process rather than a one-time wonder.
  • Frequent and right communication.

Transformations are complicated. Digital ones prove even tougher as they carry layers of complexity. Every business and every organization will demand a unique level of transformation. While the AI is already taking over the world, understanding from all ends to bridge the gap between traditional and digital methods proves crucial to changes. However, once the challenges become a matter of the past, the impact of digital transformation can be witnessed in terms of financial profit, almost error-free systems, less time consumption, fulfilling customer expectation and demands, etc. This is a never-ending process. Once an organization gets hold of adapting to the changes, there is no stopping them. As the popular saying goes, “Necessity is the mother of invention”. Innovation will become the best bet for businesses to stay ahead in this game in the future.

Written by Aradhya Singh in July 11, 2019
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Technology

What is Google cooking?

Whenever we think of buying a smartphone, the choice for the operating system that we have is mostly limited to either Android or iOS. The development in the mobile operating systems has not been impressive. Yes, companies like Mozilla with their Firefox OS (now discontinued) and Amazon with their Fire OS did try to shake up things, but they failed.

Yet, there is new buzz in the realm of mobile OS development. After release of Chrome Operating system, Google seems to be working on a third operating system. This might replace Android.

The official details of this operating system have not been released yet. But we know one thing for sure that it is a non-Linux entity. Android and Chrome OS are known to be Google’s best known Software ventures. Yet, company is working on its third operating system Fuchsia OS.

This OS was first heard about in August 2016 when the project appeared on GitHub. Unlike Android and Chrome OS, Fuchsia works on a new microkernel called Zircon. According to the GitHub project, Fuchsia can run on many platforms. For examples personal computers, smartphones, embedded systems.

What exactly is Fuchsia?

Fuchsia is quite different from Android. The Fuchsia OS comprises of two distinct but connected user interfaces (UI) . A phone-centric one codenamed ‘Armadillo’, and a traditional desktop UI known as ‘Capybara’.

Fuchsia Logo

Google has used the Flutter SDK to write the brand new Fuchsia OS. Flutter is a framework developed by Google that uses Dart programming language. Flutter allows for developing Android as well as iOS apps with a single codebase. Its library is still small but it is efficient and fast. It can build high performance apps and most importantly it is cross platform.

Dart Programming Language

Dart is a rather newer programming language developed by Google which is used mostly for developing mobile as well as web apps. Dart is most commonly used for developing Flutter applications that can be used cross platform for Android as well as iOS devices.

Dart is a simple programming language. It has a simple and a concise syntax that is very familiar to C, C++ or Java . This makes it a lot more approachable for developers to learn as well as work on. Dart also is well suited for reactive programming giving it an advantage over Java. The entire Fuchsia OS is written on the Dart language with its own kernel.

What is Fuchsia for?

There is nothing official yet. According to some reports, Fuchsia is a new attempt to unite the entire Google ecosystem under a single operating system. The goal is to make it run on all the smartphones, tablets, laptops and everything that is possible in Google’s tech boat.

What this means is that the there would be a seamless connectivity across Google devices. Let it be a smart speaker, watch, home appliance or even lights!

Android, as we know, was not really developed for smartphones, rather was developed for Digital cameras. The whole project was repurposed to make it work in the way we are seeing it today. The fact that Android does work across devices, the stability and the sustainability of the OS does raise a question. Having a development platform that can be easily deployed to multiple devices would make life of the users as well as developers a lot easier. This is where the whole idea of Fuchsia OS makes sense, one single platform for all the devices to solve all the problems

Some rumoured Fuchsia features

Android was originally built to provide power to digital cameras. Later on it was adopted as operating systems for smartphones. Therefore, Android doesn’t fit into the future. Fuchsia will solve issues and will simultaneously open opportunities for Google.

  • Robustness
  • Encrypted user keys to tighten the security
  • Adaptive

There was a new post in Android’s Gerrit source code. In, this commit Google has filled in the blank to explain what the “device/google/fuchsia” repository is intended for . The included README file lays it out as plain as day.

To make it simple, Fuchsia will use a special designed version of the Android Runtime (“ART” above) to run Android applications. This version of ART will be installable on any Fuchsia device using a .far file, Fuchsia’s equivalent of Android’s APK.

What is Fuchsia’s release date?

There is no official release date for Google Fuchsia yet. Everything that we have seen is still in formative stages. However the idea that Android would be abandoned soon it a thought too far-fetched. Most devices as well as manufacturers like Samsung, Xiaomi, LG and many more depend upon android. If the new OS is introduced, it would most likely be a slow transition where both the platforms may run in parallel.

Latest Update on Fuchsia

As of now, a new commit in the fuchsia source code reveals that the zircon kernel was flashed on the Huawei’s Honor Play mobile device. The zircon kernel, when completes its development, will serve as the kernel for the Fuchsia OS.

The Honor Play runs on a Kirin 970 chipset, which is Huawei’s in-house SOC. Still a long way from seeing a final release if the OS, it is a good milestone in the development of Google’s new product.

Written by Aradhya Singh in April 27, 2019
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