Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data and information. IT forms part of information and communications technology (ICT). An information technology system (IT system) is generally an information system, a communications system, or, more specifically speaking, a computer system — including all hardware, software, and peripheral equipment — operated by a limited group of IT users.
Technology and the auto-industry is ever-more conjoining, according to Reuters. In 2012, a small team of Google Inc engineers and business staffers met with some of the world’s largest car makers, to discuss partnerships to build self-driving cars. It was as if the two were “talking a different language,” recalls one person who was present. Even…
As the Economist has it, some traditional businesses are thriving in an age of disruptive innovation. While management gurus may tell people to bow down before the great god of disruptive innovation, some other companies are cheerfully doing the opposite: Preserving or resuscitating traditional technologies and business models. Moreover, there are plenty of other examples…
ByTED
Inventor & futurist Ray Kurzweil is an engineer who has radically advanced the fields of speech, text and audio technology. He’s revered for his dizzying — yet convincing — writing on the advancement of technology, the limits of biology and the future of the human species. In this futuristic TED talk, he suggests that we get ready…
The Economist takes us back in history to a defining moment in time known as the “Cambrian explosion” – something amazing that happened 540M years ago. At that moment, life forms began to multiply, leading to everything we now know constitutes the universe we live in. A striking analogy is made here by the Economist…
The Economist reports on the next level in the marvellous world of 3D printing: Bio-printing. Yes, building actual living tissue with a 3D printer is becoming a new business. However, making whole organs for the purpose of transplants remains elusive. How does bio-printing work, and how is it even possible? The Economist takes a closer…
Bloomberg reports that as of a few years ago, fracking in Spain seemed highly unlikely. But changing factors, for instance a sluggish economy, has influenced the way the foreign frackers view opportunities in a nation with an unemployment rate of 26 percent. These days, energy companies from various other countries are going after exploration and…
