One of the largest companies in this sector, Google currently facing its second large antitrust trial, focusing on its ad tech. Google has dominated the search engine market. It is the largest search engine in all major markets, excluding China and Russia. While Google is the only company being looked at, the outcome of this trial could have significant effects on the whole industry.
globalEDGE Blog - By Tag: technology-series
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It is time for the world to become a lot smarter. Smart technology is a catch-all term that covers a variety of applications. Video cameras and sensors could be used to monitor traffic patterns and route drivers around bottlenecks. Computer chips in bridges could signal when repairs are needed. Wireless technologies could collect data on electricity usage throughout a city. Smart infrastructure promises to make the world more productive and competitive, while helping the environment and saving lives. Not only that, but it will save money by making what we've got work better and break down less often. These systems would improve productivity in the long run.
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Today we will look at a piece of technology which could have a substantial effect on the global business world. In this specific case, it’s how we power things. Now, windmill power has been talked about many times before, but this is the first time we’ve seen anything which combines the harnessing of the ocean with a windmill design. The AK-1000, recently released by Atlantis Resources Corporation in Scotland, could have a “revolutionary” effect on making renewable energy a viable replacement to fossil fuels.
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Think about it, when the economy is in a downturn, what tech startups can find funding to develop a new business model? The innovative companies of course! You know, the ones with different ideas that stray away from the normal? It’s these innovative companies that strive in this harsh economic atmosphere, and that is just what happened in the recent economic downturn. The economy weeded out the basic, cookie cutter businesses and unearthed the gems beneath. Some of these gems include the likes of Spotify, Twitter, FourSquare, and Tesla Motors. All four of these companies have a stake of their business abroad too which means that these successful tech startups understand the importance of going global. How have they done business abroad? Glad you asked!
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Technology is always changing, causing us to play catch-up on a daily basis. A new trend on the horizon? Mind reading. Today, a variety of consumer products such as games and phone-apps use mind reading technology to captivate users. Last Christmas two new games used mind-reading technology to find the way into many homes. Mattel’s Midflex and Milton Industries Force Trainer both use brain-wave technology similar to the electroencephalograph, which is used to diagnose brain disorders. Many video games are also trying out this new technology. Next year a new Apple app is planned to be released using mind power. This app, Tug of Mind, will be the Apple’s first game controlled by the mind and can be partnered with a NeuroSky headset.
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Over the past decade we have come a long way as far as technological innovations are concerned. Businesses that did not even exist before 2000 have become household names, and have created products and services that are part of our daily lives. In the past 10 years there have been so many creations that have shaped our world today.