In the first 10 months of 2017, $8.15 billion was invested in edtech companies. And according to Global Report, EdTech spending is expected to rise to $252bn by 2020. Whilst some may be sceptical of introducing technology into education, the opportunities and improvements it could bring to education are at least something to trial. 75% of teachers find their workload unmanageable, therefore edtech could provide some much-needed relief - assisting teachers, NOT replacing them.
The finance industry was introduced to many influential technologies over the last year with startups and technology agencies driving change. Financial Services (FS) has always had a very traditional way of working and therefore, is often rigid in the products and services they can offer, however, thanks to the latest technologies, customers are expecting a more fluid way of banking and are expecting more from their FS providers. Here are 7 top technologies FS institutions need to know about:
Technology is becoming more advanced each year. Emerging technologies underpin and support many technology initiatives, like industry 4.0, fintech and the dramatic transformation of retail, by streamlining communications and speeding up operations with a goal to increasing efficiency and reduce long-term cost in the workplace.
Whether it’s their complex infrastructure, a reluctant workforce or simply just a lack of knowledge, implementing the latest technologies is not a straightforward process. It is important for businesses to pay attention to the latest developments in order to prepare yourself for the technologies that will, ultimately, impact your business. Some businesses, however, often struggle to keep up with the latest technology trends.
Topics: Disruption and Change
Bitcoin is one of the hottest topics in technology, finance and general news channels, right now. The current value of the currency has attracted users across the globe, hoping to make thousands, even millions, by investing at just the right time.
The best type of training is hands-on. On-the-job training offers new employees to truly understand their role and confidently learn how to fulfil it. However, some industries and job roles are far too dangerous or high-risk to enable new employees to learn in a hands-on way. Instead, we revert to more conventional methods like training manuals or PowerPoints, but these are dull and unengaging. What if the was a way to engage your employees whilst learning in the most effective way without any risk? Enter AR and VR.
IoT, or the Internet of Things, is the power behind digital transformation. The applications and interconnectivity of devices could encourage a more efficient and costly way of running things, therefore, it is no wonder that Business Insider predicts that business spending will reach $6 trillion dollars by 2020.
It’s nearly D-Day for hundreds of the most beloved apps on the Apple App store. With the release of iOS 11 Apple is going to kill off support for all legacy apps that haven’t been updated to take advantage of the 64 bit processors included in all Apple devices since the iPhone 5S.
As new technologies emerge, many aspects of our daily lives are rethought and adjusted to incorporate simpler, more innovative experiences. Although valued by the British public, the high street is not immune from these changes. With a wealth of competition, retail giants and local councils alike are looking at more ways to improve and create a more enjoyable consumer high street experience, by employing new technologies to encourage customers to shop in new ways.
We’re living in exciting times, the automotive industry is entering into a period of change and disruption not seen since the motor car first emerged out of Karl Benz’s garage. In the decades since, the car has undergone countless evolutions as the vehicle has been refined and perfected to the pinnacle of manufacturing we see today. However, what we are living through is revolution not evolution.