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Ignite Innovation

New Advancement Around The Globe

 

Technology has been a very major word only since the mid-twentieth century. The way technology has been dominating and ruling our lives for many years is phenomenal. We cannot even imagine a single day without technology and its gadgets. Everything that we use in our daily lives, starting from the mobile phones in our hands, microwaves in our kitchens, fridges, televisions, smartwatches, etc., are all a beautiful result of the growth in technology.

As time is passing by, technology is advancing probably exponentially every passing year. Endless gadgets and applications for our mobiles and pcs are being developed every day by skilled programmers and computer engineers to make our lives much easier and more reliable. These gadgets influence life in various forms.

 

Niche technology

The word niche technology means a product, gadget, or system designed specifically to serve a certain targeted audience or technological market. Various products are initially designed for a specific region but later find their market all over the globe. One such example is the geographic information system, which is no longer a niche technology but is a key tool for business decision making. With more advancement, there is rapid growth and development in the technological sector. This has resulted in the formation of new types of gadgets like mobile phones, laptops, etc.; let us discuss advancement and how it is achieved.

 

Basic about technology

Technology is a byproduct of science and engineering. Technology is the aggregate of techniques, skills, and various processes used in the production and development of goods and services or the completion of certain objectives like a scientific investigation. There have been certain great and significant advancements in technology like the printing press, the telephone, and the internet, which have changed the lives of mankind on the earth and made communication around the globe much easier than it earlier was.

Technology has helped in advertising, communication, improving knowledge, location tracing, education, and the list is endless. The Internet is the most vital form of technological development, which has changed the entire world scenario.

 

 

Mobile phones

Since mobile phones’ invention, their popularity is exponentially increasing day by day as they are multifunctional and have become a necessity in today’s busy world. Every person, be it poor or rich, has a mobile phone.With such great popularity of mobile phones, there is a separate wing which only deals with mobile phones and their applications.

Many leading companies like Nokia, BlackBerry, Apple, Oppo, etc., are the leading mobile manufacturing companies and come up with the latest mobile phone models every month. There are millions of mobile applications in today’s world which you can download just at the tap of your fingers on your mobile phones. The only necessity is an internet connection. These applications have gathered so many tech people’s attention that a lot of engineers choose mobile app development as their mainstream career after their education because of the immense popularity it has in the people. Moreover, the global pandemic of coronavirus that recently hit the earth has led to a further increase in mobile apps’ popularity.

Some mobile applications that gained immense popularity in recent times are:

  • TikTok, an app that young people use to create videos and content, got an unexpected response from the younger generation. It was the most downloaded app in July 2020.
  • Facebook has been one of the most used applications of the world since the day it was introduced. It is so much popular as it gives you the option to do anything and everything like sharing your photos or videos, business, conversing with people from around the world, and much more.
  • Instagram, which has gained huge popularity recently from the past five years, is also a very popular application with more than 2 billion downloads.
  • YouTube is a video app, which is both informative and entertaining. Nowadays, people rely on YouTube for both studies and fun. Many people find YouTube as their full-time career and start making videos that are liked by millions around the world.
  • WhatsApp, which allows its users to chat, call, and video call, is one of the world’s most downloaded apps with more than 3 billion downloads! It is a must-have app for any person who has a smartphone in his/her hand.

Many other applications have gained huge popularity, but it is impossible to mention each of them in the article.

 

Recent technological advancements

Technology keeps on advancing every day. Something which is so in trend today may not be useful tomorrow because of some updated technology. It keeps on updating, and the release of updates is almost every day. So, it is important to keep a check on all the technological advancements to keep oneself updated. Some of the latest ones are:

  • Artificial intelligence: this makes computers intelligent to attain decision-making power somewhat as humans do. AI is used in uber, voice assistants, Siri, etc.
  • Data science: As there is a huge number of MNCs globally, the amount of data they produce and need to handle every day is bulk. To handle such data, we have the technology of data science.
  • Blockchain: With the introduction of cryptocurrencies, blockchain is gaining huge popularity. Blockchain is the basic foundation of all such cryptocurrencies. The blockchain system is secure, and the transactions taking place are anonymous. There is no centralized party in a blockchain, unlike the traditional paying systems.

 

Every area of our everyday lives, like agriculture, manufacturing, communication, advertising, entertainment, daily activities, etc., has been affected by technology in some way or the other. So, no one can stay unaware of it. One needs to be completely aware of the technological advancements in the coming times, which would be one of the top careers one can opt for. Technology is serving us for many years now and will continue to enhance and grow in the coming times too. We are thus living in a world purely influenced by technology. If one wants to use it efficiently, they need a basic skill to help them in the future.

Categories
Innovation Marketing

Understand The Tech Niches And Its Role In Bringing Solutions

 

Coming into the tech field

The saturated market competitors battle against each other to mark their commercial presence in the industry. But there are ways in which you can be different from others. Having the strategic advantage in such regions is the key to success in tech niches. You will have to look into a problem-solving approach wherein you know the issues others face and are ready to provide solutions.

 

You should also have data that accumulates the demographic details and pain points of the customer. A brilliant strategy for a successful business is to look into the latest trends. Understand how such things affect the public and know its competitors to stand out from the rest.

 

Most common tech niches worldwide

Technologies are filling the gaps that our society faces in many ways. It is helping us out to get the best results possible. Let us have a look at some of the famous tech niches around the world.

  • Technology is responsible for bringing a new outlook in the field of education. It was the same and rigid for along time, but now it is bringing in varieties towards teaching the students the best way possible. Investors also realize that digitizing the teaching-learning process and experience brings in many benefits. You will find programs like online courses and virtual degree offerings through various apps for the students. It brings in more engagement and also offers profit to many companies worldwide. The teachers can try out new experiments with such models and create a flexible classroom.
  • Advertising is an industry that requires a lot of capital to interact with consumers. With media and devices available to the public, it gets easy for people to view the new marketing ads. There is a shifting trend with the introduction of multiple social media channels. That brings in more reach to the audience and also boost sales. Adtech is increasing over the past years, and many investors are funding such startups. You will find many analytics platforms wherein the brands can bring up their marketing with great ease.
  • The health industry also benefits a lot from the introduction of technology. It is bringing paperless work, bureaucratic field due to the tech innovations. You can do many tasks like tracking the patients, record electronic health, and many such things with new devices. It helps to save the patient’s lives and also improves their care. Many investors fill in to help the patient population and practice areas. With technological advancements, you will find this industry reaching higher with great ease and fewer problems.
  • We can see our life stored and digitilized in cloud platforms with various governments and companies. You can get rid of possible threats and hackers with the help of cybersecurity advancement technologies. It stops our enemies from exploiting our hard-work and also helps us to find the culprits. This industry is advancing and growing at a brilliant pace due to its needs, and it will continue to happen as the hackers are becoming more sophisticated in their work. You will find names like Target, JP Morgan, Home Depot, and many more victims of such cyber attacks. That is why people are investing a lot in the cybersecurity industry.
  • Our environment needs a lot more influence on ways to save it from losing its purity and existence. Climate change is a serious issue that we should consider. Green technology is creating new ways for business individuals to sustain more lives. The use of solar panels, smart lights, conserving water programs, and many more areas depend on green tech. Therefore, there are endless opportunities in them for interested consumers and investors. It will solve natural disasters and help me grow as a businessman with multiple chances and better opportunities.

 

 

New tech niches that involve creating advanced apps

Many new tech niches are coming on the way that has endless possibilities to create a better life. Let us have a look at some of those.

  • Many people worldwide suffer from visual impairment problems. They live in low-income regions and find it tough to afford better living and education standards. Assistive technology is a brilliant startup for such situations. It will create innovative techniques to teach them a better framework, a language with cost-effective strategies. You will get multiple choices in ways to provide such facilities.
  • Meetings and events technology is also a brilliant tech niche to begin, wherein you can help others hold virtual meetings and conferences. You will find 400 technologies working in this field, and every one of them has different features for the public. You can also build an app that offers these features and make the user interface simple. It helps to solve the customer relationships for brands and also brings in a flexible management system.
  • The development of games and e-sports is a new trend in the market. Streaming of such events is turning the gamers into potential celebs. Famous brands like Pepsi and Nike are also showing their support and helping the gamers to hold online tournaments and millions of people watch worldwide. You can choose games that involve many brilliant strategies and provide a stage for those gamers.

 

Use of tech domains

Internet is allowing business firms to get into markets using creative ways. It can boost up your conversion rates with massive numbers. People who have a decent budget can also hire digital teams for better productivity. Standing out of the competition and bringing in new ways to tackle problems help bring success in the tech industry. Have an excellent action plan that is unique and capable provide solutions.

 

You can also use tech domains to start your career in such fields. It is one of the best ways to reach a larger audience. It will also provide all the details that the public needs. Many platforms can help you with such facilities wherein it will become easy for you to create a website with all the facilities. So, go online and check out for them to know more about it.

Categories
Innovation Marketing

The Surprising Scope And Approach Of The Tech Niche

 

What do we mean by technology?

No one can deny the fact that technology has simply improved our lives. Everything seems very easier after the technology has started helping us. Technology simple refers to scientific knowledge/equipment/machinery that is used for practical purposes. It is the application of scientific knowledge for better and easy running of different mediums. Technology can also be referred to as the different scientific methods, systems, or devices that help operate different devices.

With the enormous development in digital media and technology, the technology niche has also expanded simultaneously. Every day we see a new application or game popping into the industry. Also, people are appreciating everything new coming n the market The gaming platforms have been taken to another level to provide the user with real-time zest and thrill. Technology has helped us to live a better and more comfortable life. There are applications available for almost everything.

Some important mobile applications :

  • Social media apps – Social media has made the world a much smaller space to live in where you can connect with anyone across the globe.
  • Shopping applications – Shopping has become very easy, accessible, and affordable with shopping apps that provide us with several options by just sliding our fingers across the screen. These many options were never available in the market. Shopping applications also help you to customize and categorize your wish-list. Shopping apps come with offers and coupons that the market would never provide you with. An additional benefit is that you can return and exchange the product easily in case you are unsatisfied with the quality of the product or if the size and the fit are uncomfortable for you.
  • Health-related mobile applications – These applications help you maintain physical well-being by providing you daily health chart, exercises, diet plan, etc.
  • Online Books/Comics – For all the book lovers several applications provide you to read your favorite writer’s book again and again. Several applications also come with a weekly or fortnightly comic series which help you to enjoy the thrilling bit by bit.
  • Online TV – Fighting with your sibling for the TV remote is no more a thing as several apps with almost all the TV channels are available through mobile applications.
  • Food delivery applications – If you are a foodie and have sudden food cravings. Food delivery applications have become very easy to use where you can get a heavy discount on the food and also get it delivered to your doorstep.
  • Cabs – Cabs provide you with the facility of traveling without worries. If you made a sudden plan or even if you come across an emergency to travel. Cab applications are ready to safely pick you up and drop you at the location at genuine a price.
  • Payment Paying with online banking or payment apps has become so easy and convenient. You don’t have to rush to a bank for any transaction or update it is simply available at a click.

There are several other mobile applications and the above is just a speck of the technology world.

 

Social media

Social media has become a part of our lives which keeps us connected with our loved ones. Social media has also helped us to connect with our long lost friends, classmates, and colleagues. Social media has given us a platform to appreciate and criticize. It has become very common to put forth our opinions fearlessly on the social media platform. Sometimes these opinions are very powerful and hence become what we call viral on social media. Memes have become very popular to promote funny or any impactful content.

Social media influencers inspire us to adapt to certain lifestyles. These influencers also provide us with funny content and this content in return gives them followers. Social media has helped so many people to drive out loneliness and depression. You always have someone to talk to over social media. Social media also keeps us update about the current lifestyle or daily activities of people through posts and stories.

Skills required in the present tech niche :

  • Artificial intelligence – The latest and the most developed tech industries are investing in hiring AI which seems like a dominating phenomenon shortly in the tech world. Artificial intelligence refers to the embedding of human intelligence into robots and machines. These machines might even surprise the actual human with their caliber. The AI trend has been taken forward by many tech organizations who want to compete and be in the race.
  • Machine learning – Machine learning refers to data analytics and processing that can be achieved by minimal human intervention.
  • Knowledge about digital tools – A very important component of the technology world is adequate knowledge about digital tools and their work. A person opting for the tech niche must know the software, language processing, and the types of equipment required in the process.
  • Cloud computing – It refers to the delivery of several different components through the digital platform. Cloud architects/Cloud software app developers are required for this skill.
  • Design – Designing is very important to provide a proper layout to the whole raw content. A designer generates the final output of the whole work which makes it a very crucial part.
  • Research and Development – Research about the latest updates and technology must be considered a very important skill because no one would want to hire an old school techie even though they might have a lot of experience
  • Analytics – The knowledge about different algorithms and analytics is essential. New age skill keeps you in the competition.

 

The Tech niche has a wide and vast opportunity with everyday emerging platforms and even gadgets. Almost every day we hear of a new phone launch, new automated cars, daily use gadgets, toys, and inventions by the human race. The tech niche has been increasing and it undoubtedly holds a lot of scope for the future generation.