Technology Archives - OpenBusinessCouncil Directory https://www.footballthink.com/tag/technology/ Openbusinesscouncil Fri, 09 Sep 2022 23:32:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.6 https://www.footballthink.com/wp-content/uploads/2017/04/faviopen-63x63.png Technology Archives - OpenBusinessCouncil Directory https://www.footballthink.com/tag/technology/ 32 32 Using Technology to Improve Our Car Experience https://www.footballthink.com/using-technology-to-improve-our-car-experience/ Fri, 02 Sep 2022 22:53:14 +0000 https://www.openbusinesscouncil.org/?p=21855 There are numerous ways in which we can use technology to ensure that our cars are always high quality. Technology influences our car purchases, keeps us safe on the road, and ensures we have the best sound system available. Technology may even be able to make self-driving cars a reality. Thanks to technology, we can […]

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There are numerous ways in which we can use technology to ensure that our cars are always high quality. Technology influences our car purchases, keeps us safe on the road, and ensures we have the best sound system available. Technology may even be able to make self-driving cars a reality. Thanks to technology, we can connect with friends and family and go on grand adventures.

Choosing a Hybrid or Electric Vehicle

While the basis of how a car runs may not seem to have changed that much since they were first invented, technology today gives us a wide range of ways to power our cars. Technology has changed how the cars we drive are powered. Regular hybrids and plug-in hybrids use a combination of gasoline and electricity, while electric vehicles (EVs) only use electricity.

Both hybrid and electric vehicles are better for the environment than traditional cars that are only powered by gasoline because they produce few to no tailpipe emissions. EVs can be charged at EVgo stations designed specifically for the vehicles we have purchased. If we choose to buy a hybrid or electric vehicle, it is important that we know where our nearby charging stations are, so we are never caught without a way to charge our car when we need to.

Car Technology That Keeps Us Safe

There are numerous technologies in our cars that help to ensure our safety while driving. When an impending collision with another vehicle is detected, imminent crash braking slows or stops our vehicle even if we have not taken any action. Backup cameras, also known as rearview video systems, are designed to help us avoid collisions while backing up. When changing lanes, we can use blind spot detection to ensure that there are no vehicles in our blind spot.

When our car begins to drift without us turning on our turn signal, lane departure warnings are activated. Forward collision warning systems enable our car to automatically measure the distance between us and the vehicle in front of us, allowing us to slow down and thus reduce the impact of a collision. All this technology, and many others, are in place to keep us safe while driving and help us reach our destinations stress-free.

Getting The Best Sound System

The single most important component of any vehicle audio system is the speakers. Everything else could be perfect, but if we don’t have high-quality speakers, our sound will suffer. Even if you have a new audio system, we may still experience sound issues because of road noise and traffic in general. Traveling on a highway produces a lot of white noise, which can interfere with the clarity of your music.

Therefore, installing noise-canceling materials can be particularly valuable. Furthermore, the best sound systems can save multiple settings so that you can easily switch between them, which is especially important if you enjoy a variety of music genres. Technology allows us to have the best audio quality possible while driving.

Will We Ever Get Self-Driving Cars?

We’ve been hearing about self-driving cars for years, and you might be wondering how far they’ve come. Do we have the required technology? A self-driving car is a ground vehicle that can sense its surroundings and move safely with little or no human intervention. Self-driving cars employ a variety of sensors to perceive their surroundings. The good news is that self-driving cars are now being developed and tested. While it may be some time before we can all go to our local car dealership and purchase a self-driving car, we do have the technology to do so in the future.

Technology will continue to be an important factor to consider when we are purchasing a new car. Technology has an impact on how we fuel our cars and ensure our safety while driving. When selecting a vehicle, we want to ensure that it will carry ourselves and our families wherever and whenever we need to go. It also does not hurt if it carries us in style, using the best sound systems possible today. There is a freedom in being able to jump into our car and go that can help us feel confident that we will arrive safely and on time.

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6 Tactics For Minimizing Business Expenses https://www.footballthink.com/6-tactics-for-minimizing-business-expenses/ Wed, 25 May 2022 10:57:34 +0000 https://www.openbusinesscouncil.org/?p=20465 Whether you like to accept it or not, all business owners are committed to getting profits. Yet, here’s one catch—too many employers are unnecessarily wasting money without enlarging their profits. As a matter of fact, according to an article by Business Insider, up to 82% of all businesses suffer due to cash flow issues. Well, […]

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Whether you like to accept it or not, all business owners are committed to getting profits. Yet, here’s one catch—too many employers are unnecessarily wasting money without enlarging their profits. As a matter of fact, according to an article by Business Insider, up to 82% of all businesses suffer due to cash flow issues.

Well, reducing business expenditures and developing healthy procedures that save money over time shouldn’t have to be time-consuming or difficult if you want your business to thrive. In the end, it all comes down to making wise decisions when it comes to cutting business expenditures.

In this article, we will discuss six simple techniques to save company expenditures. Trust us, this is not rocket science and it’s not as difficult as you might initially think.

Maintain Detailed Expense Records

Before you can cut any expenses, you need to know which ones are costing you the most. When reviewing your expenses for the month, record each expense category in detail—including dates, amounts, and descriptions of what was purchased or used. This will help you spot trends and areas where you may be able to save money.

Another thing to keep in mind is that if your company rents or leases its assets from others, you must track the financial impact those operations have on your company’s financial health. This is known as lease accounting, and it is not only required by law, but it may also help you operate an organized, successful business.

Employ Modern Marketing Techniques

There’s no denying that marketing has changed a lot in recent years, and the old ways of doing things aren’t as effective as they used to be. For example, there’s no longer any reason for you to spend money on expensive print ads in newspapers and magazines when people get most of their news from social media sites such as Facebook and Twitter instead. If you want to reach your target market, use websites like these instead.

They have huge audiences who may be interested in your products or services—especially if you target them with ads tailored specifically for their interests and demographics. At the same time, they won’t cost nearly as much because they don’t require printing costs or distribution networks like traditional media outlets do.

Handling Variable Costs

Variable costs are those that fluctuate based on how much product or service you produce. They include such things as raw materials, utilities, packaging, and shipping. When your business grows, so do your variable costs. And when times get tough financially, they will be the first thing you have to cut from your budget.

It’s important to budget for variable costs so that they don’t catch you off guard when things get tight financially. You may also need to raise prices or find ways to reduce the amount of product or service in each individual output unit.

Use The Right Technology

Technology is a great way to save money, but it can also be the most expensive part of your business. The key is knowing how and when to use certain technologies. For example, if you only need a basic website for your business, then there’s no reason to pay for one that has every bell and whistle imaginable. The same goes for other technologies like accounting software or inventory management systems. You may be able to find free versions of these products that will do the job just as well as their paid counterparts.

Stand Strong On Fixed Expenses

It seems obvious, but sometimes businesses overlook fixed expenses and only focus on variable ones. These are the expenses that vary with sales volume—for example, advertising costs and payroll—and they’re typically more important than fixed expenses, which tend to be less sensitive to sales fluctuations.

However, if you have a company vehicle or cell phone plan that requires a monthly payment regardless of how much business you do in a given month, it’s worth considering whether these are really necessary items. You might be able to get by with fewer vehicles or fewer phones by sharing resources with other departments or employees within your organization, reducing both fixed and variable costs.

Prioritize Time Management

Business owners are often the first ones to blame when something goes wrong. But if you look at the facts, it’s usually because they’re not prioritizing their time effectively. When you’re trying to get everything done in a day, it’s easy to get caught up in distractions like phone calls and emails. If you have an assistant or virtual assistant (VA) who can handle these tasks while they’re still fresh in your mind, then delegate them. This will save time, not only for yourself but also for the person who takes over the tasks.

Final Thoughts

When it comes to business finances, it’s essential to be fiscally responsible. After all, you need to ensure that your company can last for the long haul, so it’s wise to keep a close eye on finance-related matters. These six tips should help you do just that, and hopefully, allow you to save money in the process.

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Revealed: THIS Technology Was Discussed Over 170,000 Times In 2021 https://www.footballthink.com/revealed-this-technology-was-discussed-over-170000-times-in-2021/ Fri, 24 Dec 2021 16:23:44 +0000 https://www.openbusinesscouncil.org/?p=18030 Interested in the vast world of technology, Walkme.com utilised the latest data from analytics tool Buzzsumo to discover which game-changing technologies have been discussed the most online in 2021 (January  – November 2021). Technology is evolving at a rapid rate and a new group of technologies is set to revolutionise the way people live and work. Walkme.com found that artificial intelligence takes the number […]

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Interested in the vast world of technology, Walkme.com utilised the latest data from analytics tool Buzzsumo to discover which game-changing technologies have been discussed the most online in 2021 (January  – November 2021).

Technology is evolving at a rapid rate and a new group of technologies is set to revolutionise the way people live and work.

Walkme.com found that artificial intelligence takes the number one spot, with an estimated 175,837 online articles written about the technology from January to November 2021 – the equivalent of 526 online articles per day!

Machine learning is in second place – approximately 103,508 online articles were published about the technology between January to November 2021.

In third place is virtual reality (VR), with an estimated 64,509 online articles written about the immersive technology from January to November 2021.

Augmented reality (34,632), quantum computing (32,548) and cloud computing (28,874) each had over 28,000 online articles centered around them between January to November 2021, respectively ranking fourth, fifth and sixth.

At the other end in the tenth position is edge computing. The distributed computing paradigm tech had 7,433 online articles written about it from January to November 2021.

The Most Discussed Technologies of 2021 (https://www.walkme.com/glossary/digital-transformation/)

Rafael Sweary, President and Co-Founder of Walkme.com commented on the research:

“With the pervasiveness of AI, it’s no wonder it’s one of the most discussed technologies today. Take another widely discussed topic, the Great Resignation, and sure enough, there’s an AI use-case tied to it.

AI can help understand how humans interact with software and proactively recommend ways to improve the user experience, with actions that can be taken immediately. It’s a win for businesses, who can glean valuable data regarding technology usage and understand where the end-users are having issues. And it’s a win for the employee, who can quickly navigate the company’s tech stack, and not have to struggle with onboarding or training – especially remotely. Everything is done automatically, powered by AI and machine learning to extract data.”

The Methodology:

1. Walkme.com utilised reputable sources ‘ITProPortal’ and ‘Forbes’ to generate a seed list of the technologies which are set to transform the way people live and work in the next few years.

2. The seed list of reviewed/considered technologies included: artificial intelligence (AI), machine learning, virtual reality (VR), quantum computing, cloud computing, robotic process automation (RPA), augmented reality (AR), 5G, digital twins, edge computing, smart contracts, 3D printing, 4D printing, nanotechnology, voice interfaces/chatbots and human augmentation – 16 in total.

3. Once a comprehensive list of emerging technologies was drawn up, Walkme.com assessed each technology in the Buzzsumo database to identify approximately how many online articles were published about them.

4. The data range of January to November 2021 was used to represent the year 2021 because November 2021 was the last available month for the latest data.

5. Once the data for each analysed technology was collected, a ranking system organised the results from highest to lowest based on the number of online articles written about each technology. The top ten technologies are presented in the final table above.

6. To account for the different ways in which online articles are published, Walkme.com considered all naming and reference variations, e.g. ‘artificial intelligence’, AI’, ‘5G’, ‘5G network/5G communication’ and more.

7. Additionally, to increase the reliability of results the names of the reviewed technologies were translated into 13 foreign languages which included: Spanish, Portuguese, French, Turkish, German, Italian, Polish, Romanian, Dutch, Greek, Czech, Swedish, and Ukrainian – these languages were considered because they are among the most spoken/written languages in the world and the Buzzsumo database had the capabilities to accurately understand the translations for the listed foreign languages.

8. Whilst there are other foreign languages such as Mandarin, Hindi, Arabic, Russian and Bengali which are widely spoken/written, they were excluded from the research because the Buzzsumo database did not have the capabilities to accurately assess translations in these respective foreign languages.

9. Figures for the number of online articles published for each technology are approximate and account for global online articles published between January to November 2021.

10. Buzzsumo’s database could not fetch data on blockchain technology, so this was excluded from the research.

11. All data was collected on Monday 13th December 2021 and is correct as of then but is subject to change.

Conclusion

Interest in AI is expected to increase looking at the trends of the top technologies discussed during this year. Major AI use cases include autonomous driving and AI-powered medical diagnosis. Availability of more data and better computing and algorithms would give it the required impetus.

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Innovation And Technology Advancements Will Be Led By Sustainability At Heart: Fleet Predictions 2022 By Geotab https://www.footballthink.com/innovation-and-technology-advancements-will-be-led-by-sustainability-at-heart-fleet-predictions-2022-by-geotab/ Fri, 24 Dec 2021 15:57:55 +0000 https://www.openbusinesscouncil.org/?p=18027 David Savage, Associate Vice President UK & Ireland at Geotab provides his thoughts on everything from the sustainability outlook for the year ahead to ongoing supply chain disruption and how government and public sector will be key to leading the electric vehicle charge. With a new year already at the brink of its onset, pondering over […]

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David Savage, Associate Vice President UK & Ireland at Geotab provides his thoughts on everything from the sustainability outlook for the year ahead to ongoing supply chain disruption and how government and public sector will be key to leading the electric vehicle charge.

Geotab, Fleet management, innovation, technology,

With a new year already at the brink of its onset, pondering over the emerging trends could leverage the business in navigating towards the mainstream. Personalized connectivity solutions for EVs and emerging Cellular Vehicle-to-Everything use cases while managing the sustainability of the products are some of the aspects to look for in 2022.

Based on the analysis by subject-matter experts, weighed predictions for the new connected car technologies, digital services, and ways to reap vehicle-related data, some of the future insights are shared as below.

Sustainability

According to David, sustainability will be at the heart of the business agenda in 2022 following the announcements made at COP26 in Glasgow. With transportation being the second most polluting industry for carbon emissions (behind construction) then all companies have a responsibility to look at how they run their fleets.

“The only way fleets can reduce their carbon footprint is to manage their fleets and measure their outputs. And the only way they can do that is to adopt telematics technology. That should be their aim for 2022, whether that is running conventional Internal Combustion Engined (ICE) vehicles, or by switching to Electric Vehicles (EVs)”, explains David.

Electric vehicle adoption

2022 will be the year that electric vehicles start to make inroads into the mainstream. Sales of EVs have already overtaken conventional diesel engines and could be ready to overtake all forms of Internal Combustion Engined (ICE) vehicles in 2022 / 23 (Forbes). With more electric truck models due to enter the market next year, this could be the tipping point for EV uptake.

David points out, “Geotab’s Electric Vehicle Suitability Assessment (EVSA) can provide the tool to assess whether fleets are ready and which vehicles are suitable for electrification. This can provide the incentive for companies to drive their sustainability policies forward and adopt a carbon-free future”.

Supply chain disruption

Last-mile delivery will become even more crucial in 2022 as the effects of the pandemic continue to ripple through society. Companies need to adopt fleets that can meet modern-day demands for online shopping and to react as (some) countries continue with national lockdowns.

“A shortage of delivery drivers will place a huge strain on fleet operators, who will need to ensure they adopt telematics solutions to ensure the maximum efficiency of their fleet”, he shares.

Telematics in insurance

According to David, “Data will be used to personalise more and more products in the insurance industry. For car usage, for example, telematics can provide a greater level of insight for insurance purposes. It can assess the habits of individual drivers, and look at their speed, acceleration, cornering, and braking characteristics to set the parameters of their insurance risk. We’ll see the widespread adoption of telematics to set new rules for the way car insurance operates in 2022”.

Cold Chain

Cold chain logistics will continue to grow in importance as we continue to drive down food wastage in the supply chain. Logistics managers will continue to monitor and assess the condition of perishable goods whilst in transit. They will need access to up-to-the-minute data to ensure all goods are being transported safely.

“This is especially important when it comes to the transportation of vaccines and pharmaceuticals. We’ll need to ensure optimum conditions to guarantee that medicines reach their destination in optimum condition and ready for use”.

Government and public sector

The government and public sector are taking the lead across Europe in electrifying their fleets and we’ll see more evidence of that going into 2022. But with aggressive targets to clean up our air and remove conventional carbon-producing vehicles from our roads, governments also need to be doing more to incentivise private sector fleets to make the switch to Electric Vehicles (EV).

“That includes maintaining or even increasing, state subsidies to buy and maintain EVs. We can’t wait until 2030 to reduce our reliance on the Internal Combustion Engine (ICE). We need to start making the switch to clean electric energy now”.

Conclusion

With technology evolving at a very fast pace, improved and advanced versions will have to be adopted under the guidance of experts. Being in the industry for over two decades, the expertise of Geotab could be enlightening for application and use.

About Geotab

Established in 2000, Geotab advances security, connects commercial vehicles to the internet, and provides web-based analytics to help customers better manage their fleets. Geotab’s open platform and marketplace allow both small and large businesses to automate operations by integrating vehicle data with their other data assets.

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Five Things Every Tech Business Needs to Do https://www.footballthink.com/five-things-every-tech-business-needs-to-do/ Mon, 20 Dec 2021 23:54:59 +0000 https://www.openbusinesscouncil.org/?p=18059 The business of technology is changing. It evolves quickly and augments our lives with all kinds of tools and resources. What it means to be a tech business keeps shifting as the industry converges with other fields like marketing, finance, and automobiles. Still, whatever your business is, it’s important to keep up on the essential […]

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The business of technology is changing. It evolves quickly and augments our lives with all kinds of tools and resources. What it means to be a tech business keeps shifting as the industry converges with other fields like marketing, finance, and automobiles. Still, whatever your business is, it’s important to keep up on the essential tools of technology. Below are five things that every tech business needs to do.

Utilize SEO

One of the cornerstones of modern business is search engine optimization (SEO). This is the process of pushing pages on a website to the top of search engines like Google and Bing using keywords, hyperlinks, metadata, and more. You can either hire staff to get the job done or outsource the tasks.

SEO is a marketing strategy that uses technology to get the product, business, and brand noticed. It doesn’t matter what your company is involved in, SEO is crucial to the modern digital economy. If you can make your website land high up on Google, you will see a huge boost in traffic and sales. If you are a tech business, you have even more reason to utilize SEO and make sure that your website is noticed.

Use Statistics

Statistics are in no way perfect, but they can be very useful. Statistics can provide numbers to analyze based on demographics and customer satisfaction. They are the basis of marketing analysis, but they are just the tip of the iceberg nowadays.

You might not know what you are doing when it comes to implementing statistics into your business, but that’s okay. You can always find statistics help online from the experts, which can help you learn how to use statistics by taking a class. Then you can figure out where your products and services are in demand with these numbers. When you’re in technology, you need to crunch the numbers sometimes.

Analyze Data

Data has become one of the most valuable resources in the world. Experts from different fields are saying outlandish, grandiose things about data. They’re probably right. “The new oil” is one of them. People are comparing data to the heyday of gold. There is a lot of wealth and power in information as well as the know-how to use it. Tech companies are harvesting data from their customers, buying it from businesses, and selling it to others. It doesn’t matter how you acquired the data; the next step is to analyze it.

Data analysis is a great way to use information, providing demographics, new directions, and ways for your company to discover new areas of demand. You can learn about your customers and how to grow from harvesting data. Analysis will help you determine new ways to move forward and better areas to advertise yourself.

Use the Cloud

Of course, you should be using the Cloud. Whatever you are involved in, it’s important to move files and keep the security of your company’s information. You’ll be able to protect the data of your customers and the details of your operation. It will also enable you to make sure that these resources are protected from hackers and physical damage. It doesn’t matter what kind of tech business you have, it’s essential to use the Cloud to back up everything.

Take Advantage of Social Media

Finally, every tech company should be taking advantage of social media. Just because you are into tech doesn’t mean you like social media—you might understand the strange powers of it—yet it’s essential to the modern world. Use social media to get the word out, create a brand identity, and discover things about your fans and customers. You don’t have to do it yourself. Hire those who understand the tactics, metrics, and timing of social media to bolster your online presence.

It doesn’t matter if you are in the tech of social media, finance, marketing, automobiles, or another one of the many industries being transformed by technology, if your business includes tech, you should take advantage of all the tech at your disposal. Even if technology isn’t the focus of your company, when you use tech at all it’s important to understand how you can use it.

The world is changing fast and many of these changes are coming from advancing technology. Tech is a huge part of this modern digital landscape. We can use technology to make our lives better, easier, and more productive. Whatever your passion is, using tech to make your dreams come true isn’t just the right idea—it’s obligatory.

 

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The Keys to the Growth of Small Businesses https://www.footballthink.com/the-keys-to-the-growth-of-small-businesses/ Mon, 23 Aug 2021 07:40:21 +0000 https://www.openbusinesscouncil.org/?p=16386 Like business and commerce generally, the small business arena in the US has changed and evolved over the years as tech advancement removes barriers and the ‘entrepreneur culture’ becomes more prevalent. The US Small Business Administration (SBA) says there are now almost 30 million small businesses employing more than 47% of the workforce. While the […]

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Like business and commerce generally, the small business arena in the US has changed and evolved over the years as tech advancement removes barriers and the ‘entrepreneur culture’ becomes more prevalent.

The US Small Business Administration (SBA) says there are now almost 30 million small businesses employing more than 47% of the workforce. While the SBA defines small businesses as those employing fewer than 500 people, the majority employ fewer than 100 and many are micro businesses with a handful of employees or maybe just one or two.

The Tech Transformation

Relatively recent tech – such as the Internet, Big Data and AI (Artificial Intelligence) – has enabled small businesses of just about any size to reach and service their market wherever it’s located, and advanced POS (Point of Sale) systems are widely used throughout the small business community – not just by larger retail operations.

Tech has extended the reach and scope of smaller business:

Data and the cloud

More data is being collected than ever before thanks to increased use of social media and mobile apps to name two sources. This data is being analyzed in more depth to provide highly valuable marketing intelligence for businesses of all sizes, not just larger corporations.

It means smaller businesses can operate from a position of strength from knowing more about their market, and cloud technology enables small concerns to store the ever-larger amounts of data economically without the major expense of physical storage.

The Internet

undoubtedly a huge game changer for all business, but really opens up opportunities for smaller operators.

It’s reasonably economical to set up a professional looking and effective online presence, so smaller businesses benefit from being able to reach their customers almost anywhere in the world instead of being restricted to local markets.

This also means more niches are being specifically served by smaller businesses agile enough to respond to a need for a particular product or service.

Before the widespread use of the Internet, certain niches may not have been viable to go into if relying on a small number of local buyers. Now though, even a minority niche can be worthwhile if you can reach all (or at least the majority) of customers for it by promoting on a global scale as the web makes possible.

The culture of entrepreneurship

In general, the US – while always having at its heart an entrepreneurial spirit – has developed an even more pronounced entrepreneurial culture in recent times with increased numbers of people going into business for themselves.

Tech such as the Internet enables potential entrepreneurs to identify a need in the marketplace and develop a product or service to quickly fill it. Sometimes these can be quite niche such as – for example – entrepreneurs filling gaps in the food and drink market by providing specialist cuisine outlets that offer something different to the competition.

Others have found themselves with an unexpected hit on their hands having started out by filling a small gap in the market and later finding demand is far higher than expected.

The ‘push’ and ‘pull’ factor

Something that drives small business growth and startup culture is the ‘push’ and ‘pull’ factor – particularly noticeable among women entrepreneurs.

A report in 2017 by the National Women’s Business Council identified this push and pull; the ‘pull’ stems from the stimulus to start a business (ie spotting a gap in the market), and the ‘push’ stems from factors driving people to start something influenced by their circumstances. For example, a business that be can run while looking after children, fulfilling familial obligations, or perhaps due to dissatisfaction with their present job.

Outsourcing

Another factor helping small businesses grow and operate in certain markets is the rise in the availability of skilled outsourcers. Being able to hire people with specific abilities as and when needed is a tremendous help to small businesses, and their choices are widening with more of the workforce likely to be contractors or freelancers of some type going forward.

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CEO And Tech Influencer Dinis Guarda’s Masterclass On Society 5.0 And 4IR At Marc Buckley’s OnePoint5media Podcast https://www.footballthink.com/ceo-and-tech-influencer-dinis-guardas-masterclass-on-society-5-0-and-4ir-at-marc-buckleys-onepoint5media-podcast/ Wed, 18 Aug 2021 15:13:24 +0000 https://www.openbusinesscouncil.org/?p=16217 Dinis Guarda, a CEO, author, and tech influencer, was invited to speak at Marc Buckley’s OnePoint5media podcast. Dinis and Marc, two technologists and futurists, conversed about the transformation that comes with the Society 5.0 concept and what the future will look like. Dinis Guarda and Marc Buckley centred the conversation around society 5.0 changing the […]

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Dinis Guarda, a CEO, author, and tech influencer, was invited to speak at Marc Buckley’s OnePoint5media podcast. Dinis and Marc, two technologists and futurists, conversed about the transformation that comes with the Society 5.0 concept and what the future will look like.

Dinis Guarda and Marc Buckley centred the conversation around society 5.0 changing the world. Powered by 4IR -the 4th Industrial Revolution-, we are before the unfolding age of digitalization – from the digitally connected products and services we consume, to advancements in smart cities and factories and increasingly common automation of tasks and services in our homes and at work. Progress brought by 4IR is characterised by continuous growth and rapid changes, with the goal of prospering and improving living standards through services and products with high added value.

Society 5.0 is a concept focused on the balance between society, tech, and nature. The concept of Society 5.0 was promoted by the Japanese government in 2015, an idea based on considering society at the centre rather than the industry. It denotes a human-centered society that balances economic and technological advancement.

“The concept of society 5.0 is a vision based on human nature and tech sustainable society. In this stage, humans, nature and technology find a circular economy of balance in a super intelligent smart society. Society 5.0 is not about one single country or city. It is about humans, the planet and a balanced sustainable ecosystem. Here, frontier technologies, and specially smart cities, blockchain and artificial intelligence can make us more human and reach universal sustainability”. – Dinis Guarda

Marc Buckley is a Sustainability Advisor Consultant Advocate for SDGs and Expert WEF Speaker. Buckley is also a systems thinker and dynamic systems modeler with a deep understanding of the exponential function, science, and maths. He is a serial entrepreneur and has owned 12 companies and been involved as a partner in 6 International family businesses. He comes from 5 generations of German organic farmers and 3 generations of European hydroponic gardeners. 

OnePoint5Media provides impactful content, digital publications, campaigns, events, and strategic consultancy support for ecosystems and industries advancing planet-saving solutions. Their flagship title, Innovators Magazine, focuses on communicating cross-sector innovations and ideas impacting the UN Global Goals – and the world beyond 2030 – to inspire the transformational changes needed to deliver a sustainable future for humanity.

You can listen to the conversation here.

 

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What Lies Ahead In The Future For Bitcoin? https://www.footballthink.com/what-lies-ahead-in-the-future-for-bitcoin/ Thu, 12 Aug 2021 08:46:45 +0000 https://www.openbusinesscouncil.org/?p=16164 Whoever thought that Bitcoin would have such an impact in not just the world of business and investments but also in day to day living back when it first hit the scene would probably still not have been able to measure the true scope of what this cryptocurrency has become in reality. Bitcoin has gone […]

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Whoever thought that Bitcoin would have such an impact in not just the world of business and investments but also in day to day living back when it first hit the scene would probably still not have been able to measure the true scope of what this cryptocurrency has become in reality. Bitcoin has gone from a visionary idea of forming a new way of seeing currency dealings, through the eyes of a technology driven state, to becoming an invention that can very well change the way in which business and payments are dealt with nowadays and in the future. Bitcoin is used practically everywhere nowadays, with uses of it in high profile dealings to it being used as an alternative for sporting fans who like to bet on NFL and other sporting events.

But with this crypto gaining more and more popularity as days go by, be it for good or bad reasons, there is no denying that Bitcoin has come into our lives and is here to stay for good; you can even easily buy bitcoin with bank account these days, making it even easier to start getting into crypto. But what does the future hold in store for the world’s most popular cryptocurrency? Let’s take a look.

More and More People Will Continue To Become Wealthier Thanks To Bitcoin

Bitcoin as we know it has gone from being an alternative for regular paper and plastic currencies, to becoming its lead competition, all through digital production and proliferation. More and more we see every day how people from all walks of life are getting into the Bitcoin investing and trading business, most of them finding great new opportunities for making or increasing their personal wealth. Now, investing and trading with Bitcoin is not an easy task to do whatsoever. In order to truly be successful at it, people really need to take the time to learn all the details that entail Bitcoin and all it has to offer and also they have to be ready for all the outcomes, positive and negative, that this activity brings. But that has not stopped people from looking at Bitcoin investing as the next big thing in the business world and have taken to it in mass proportions.

If there’s something that living through a global pandemic has taught people is that finding ways in which to stretch out and alternate investment methods has become key in order to survive in a world where technology rules everything and if you’re not riding that hype, you are not really where you need to be. It has become more and more apparent as time goes by that with learning and mastering the art of dealing, trading and investing in Bitcoin will lead to some very profitable returns, some that regular investment trading opportunities might not really offer.

As time continues to go by it is expected for Bitcoin trading and investing to continue taking over all of the main business and monetary trading activities around, with not just regular people getting into it but also businesses from all walks of life. As reality is showing us right now, there will come a time where dealing with Bitcoin and other cryptos will become more of a necessity rather than a commodity.

Bitcoin’s Volatility Will Continue To Be The Main Factor In Investing

For Bitcoin traders and investors, one of the main worries about working with this crypto, as well as with others is the levels of volatility it has to deal with. While at one-point Bitcoin could have prices soaring through the monetary skies, at the blink of an eye those same prices could plummet, leading to worrying stages of instability and concern. One of the main traits that successful Bitcoin traders have come to learn is that in order to thrive in this area, patience, knowledge and understanding are the three main factors to achieve crypto victory. Bitcoin is a relatively young monetary asset in the market so it’s understandable that the levels of financial volatility it goes through can come as a shock to many and automatically make it seem like more of a risk than anything else.

Basically put, with the growing demand for this crypto always on the rise, there will come a moment where financial and monetary stability are met and founded, all it takes is having patience to understand that while there may be highs, there will also be lows, like with any other business driven activity in life. It is fully expected by experts of the topic that over time, the volatility factor that makes Bitcoin seem like a high-risk investment will decrease significantly, making it an even more popular currency option for the masses instead of it being a gourmet style kind of currency.

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3 Questions To Ask Your Software Provider About Automation https://www.footballthink.com/3-questions-to-ask-your-software-provider-about-automation/ Thu, 05 Aug 2021 17:44:59 +0000 https://www.openbusinesscouncil.org/?p=16067 Are you considering automation solutions for your business? There are a growing number of companies that offer automation options, and more customers are taking advantage of them. It’s easy to see why. Companies realize an excellent return on investment (ROI) from automation, even when they only use it in a few areas. Automation helps businesses […]

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Are you considering automation solutions for your business? There are a growing number of companies that offer automation options, and more customers are taking advantage of them.

It’s easy to see why. Companies realize an excellent return on investment (ROI) from automation, even when they only use it in a few areas. Automation helps businesses spend less time and money on certain tasks. What previously took workers hours to complete can be accomplished by the click of a button through automation.

Tasks like automated indexing are finished without employees spending days on data entry. As a result, employee’s job satisfaction increases, since automating mundane tasks leaves more room for more challenging and creative projects.

Automation also allows companies to spend more time on high-impact projects that better serve their customers and grow revenue. With automation processes in place, a company can advance with product development, marketing, customer support, and other business factors. The right automation software saves money and increases employee productivity. When used effectively, automation means that everyone wins – especially your customers.

Businesses, however, need to be sure they have the right solutions. Automation solutions are not all the same. While the right ones increase productivity and revenue growth, the wrong ones can cause frustration. It’s important to do your research when you start considering automation solutions. You can begin by asking yourself some important questions.

What Falls Under the Scope of Automation?

First, make sure that your automation solutions fall under the scope of your goals. Clarity is critical as you get started with automation. Often, when companies start out, they have a hard time understanding how automation will help them. They may have a trial and error approach to doing things that aren’t working and realize greater efficiency is achievable another way.

Engaging with a software consultant might be the first time they’ve had someone taking a look at their operations. Companies should ask software providers about the software’s capabilities. Additionally, the software provider should break down what they see as key benefits for your company.

Have a discussion with your provider about their software’s capabilities. Different software solutions take on varying automation tasks. You want to be sure that your automation solutions meet your business’s needs. In addition, you should check to see whether you have any automation blind spots. Are there additional solutions that you might be missing out on? Your conversation with the software company representative can reveal those opportunities. Implementing additional automation options isn’t an obligation, but at the very least it’s helpful to know what’s available.

How Long Is The Implementation Process?

After you cover some specific goals and options, ask how long the implementation process takes. Timelines in business are critical. When you make an investment in software, it’s frustrating if the implementation takes longer than expected. When a firm understands your timeline needs, you can develop strategies to work around them without sacrificing efficiency or productivity in the process.

Software should work on your schedule to get the automation software running quickly. When your company spends a lot of money on software, you should expect proper support during implementation. When looking for automated indexing, the providers should be able to set a timeline that meets your needs.

Ask About Available Features

Next, make sure that you understand the features available to you before you move forward with new software.

Software providers often sell based on a targeted company’s needs. For example, if a company obviously needs help with automated indexing, that will be the salesperson’s focus. Then, if a company needs another kind of specific automation support, then the software provider shifts focus to whatever it is the client needs.

However, software often includes many features that benefit business operations. When you thoroughly understand the software’s capabilities, you may discover features you weren’t aware of that can help your business.

Be sure to talk to your provider about all the available features of any software you’ve purchased. There could be other ways it can be used to help grow your business. Even if you don’t start using all of these features immediately, they’re good to have for the future.

The Right Automation Solution

Finding the best fit for automation solutions can be daunting, especially if you’ve never worked with automated software solutions before now. You need an excellent product, a cost-effective solution, and a support team that walks you through your options and makes sure your business has what it needs for automation.

When you’re selecting a leading provider of automated indexing and other business software solutions, consider software that helps you automate your most mundane tasks so that you can shift focus to revenue growth and other more productive endeavors. Also, consider asking the software provider for a demo.

When it comes to getting ahead and staying ahead, automation software may be the difference that gives you the edge, and the right provider can help make that happen.

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New Book: NTFs Uprising – The citiesabc Ultimate Guide To Non-Fungible-Tokens By Dinis Guarda And Guests https://www.footballthink.com/new-book-ntfs-uprising-the-citiesabc-ultimate-guide-to-non-fungible-tokens-by-dinis-guarda-and-guests/ Thu, 05 Aug 2021 11:44:09 +0000 https://www.openbusinesscouncil.org/?p=16060 NFTs are the first iteration of the blockchain uprising in an increasingly virtual world. NFTs are the first passage of the offline world of assets to the online open DeFi world of digital twins identity and digital assets narratives and economy.  NTFs Uprising NFTs are making blockchain technology and all ideologies of decentralisation and the […]

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NFTs are the first iteration of the blockchain uprising in an increasingly virtual world. NFTs are the first passage of the offline world of assets to the online open DeFi world of digital twins identity and digital assets narratives and economy. 

NTFs Uprising

NFTs are making blockchain technology and all ideologies of decentralisation and the metaverse become mainstream. And this is much more than just the waves around NFTs trading and speculation on digital pieces of art of NBA sports collectives. This is something much deeper and radical. This year, an NFT by an artist Beeple was sold for $69 million – making him one of the best paid living artists. This shows how this industry is at the brink of becoming something big. “NFT sales topped $2 billion in the first quarter, with twice as many buyers as sellers”. – Robert Frank, CNBC

Citiesabc Ultimate Guide To Non Fungen Tokens NFTs Book

This citiesabc ultimate guide to Non Fungen Tokens NFTs book offers a helicopter view on why NFTs innovative blockchain technology are changing and disrupting the art world, the creative industries, the business world and the digital foundations of our society as a whole.

As we digitise the world economy, we create digital twins of everything around us and build an ever expanding digital ecosystem. Some call this ecosystem, metaverse, which is now part of our society and economy. It is a system that is radically transforming our  world, and also redefining the way we behave on the virtual metaverse. One can say that this new wave of digital assets is ushering us into the super smart society 5.0 faster than ever before.

The process of making an NFT is actually quite simple and straightforward. There are two key stages in the process of creating a NFT: the first is choosing a blockchain on which to build the NFT, and the second is minting the NFT. ‘Minting’ is blockchain-speak for ‘licensing and selling’. These two simple steps are everything needed to make a digital collective, content or art to be NFT certified, hence, unique in the entire virtual metaverse.

Some of the most well-known NFT marketplaces include OpenSea, Rarible, SuperRare, Foundation,  Atomic Market, NiftGateway, NBA Top Shots. Although NFTs can be sold in almost any auction house. The Beeple case is a perfect example of this as he sold his NFT art through a digital auction organized by Christie’s.

The book will explore various topics, including: History of NFTs, NFTs as digital product to sell – who own what – IP , NFTs and IP, NFTs ownership of assets, revenues and legal implications, Top industries being changed and disrupted by NFTs, The major NFTs marketplaces, and more.

“NFTs critical element makes it a one-of-a-kind solution when it comes to creating art digital properties and any other collectibles that through the NFTs unique technology can get authenticated using its fabrics of blockchain technology and purchased using digital wallets by cryptocurrencies, and also debit or credit cards. 

The breadth of NFTs is just beginning now and more developments are happening as we write this book”. – Dinis Guarda

About The Author

The author, Dinis Guarda is a prolific author of books including “4IR: AI, Blockchain, Fintech Reinventing a Nation”, “How Businesses and Governments Can Prosper with Fintech”, “Blockchain and AI?”, and “Blockchain AI Crypto Economics”. Guarda has been listed in global fintech, blockchain, AI, social media industry top influencer rankings: Top People In Blockchain by Cointelegraph 2019, The Artificial Intelligence Power 100. Other contributors include Karolina Makuch, Maria Lusitano and William Hosie.

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