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.
Bloomberg reports on sunny days ahead for Yahoo, for they are soon to receive a generous cash injection in return for their nine-year investment in Alibaba Group Holding Ltd. Yahoo selling 208 million worth of shares means generating excess of $10 billion, which in turn means makes for more than doubling their cash stockpile. The question on everyone’s…
The Economist reports on the extent to which 3D printing may help entrench the world’s engineering giants in the 21st Century. But these engineering companies are picky about terminology in this regard, for reasons encompassing the fact that the technology itself has now moved beyond the development labs. Indeed, 3D printing is now being used…
One of the many symbols of Southern Europe’s industrial decline must be the sight of one particular washing machine factory that now makes fewer than half the washing machines it did when Italy joined the euro. Rather, today, the Porcia plant is also a testing ground for the region’s industrial future. Home appliance maker Electrolux, which owns…
Reuters investigates what is now known as Caterpillar’s dealer sales push. In recent years, the company has called the 178 independently owned businesses that distribute its earth-moving products worldwide everything from “a critical competitive differentiator” to “the foundation” of its success. Now the world’s largest maker of construction and mining equipment is adopting a cooler…
According to the Economist, robots offer a unique insight into what people want from technology – and that makes their progress peculiarly fascinating. DARPA, the Pentagon research agency which runs the DRC, has made robots a priority because it suspects that the technology may be on the cusp of scaling great heights. This fascination has produced robots…
We have all come to hold some knowledge, at least, about the wolves of Wall Street. But as for the barons of high-tech/wolves of the web – these guys tend to think of themselves as very different creatures from the barons of Wall Street. In the words of Steve Jobs, they are “the crazy ones, the…
