5 disruptive technologies everyone should know!

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We are evolving at an exponential rate in technology development. The rate of disruption of a technology is measured using Gartner’s Hype curve, which tracks the current interest levels and implementation feasibility. Here are five technologies which everyone should understand:

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Source: Gartner’s 2015 Hype cycle for emerging technologies

 

  1. Internet of Things: This term has now got into every industry possible along with very high expectations. This technology in simple terms is “Connecting everyday objects to internet”. For example: In future, users can access their home from anywhere around the world using internet.

2. Consumer 3D printing: This technology has grown wildly around the world and now there are plenty of desktop 3D printers, which are very user friendly. 3D printing depends heavily on material research and we have successfully developed metal, food, body parts, concrete and electronics 3D printing. The day is not far, when Amazon will fly a drone to your house that 3D prints the phone case you had ordered an hour back.

3. Autonomous Vehicles: The race towards building most reliable self-driving cars is huge now. Google, Tesla, and Mercedes in-spite of leading the race, there are many developments from Chinese technology giants such as Baidu. It is mind blowing on how this technology can transform the safety of transportation industry. It is not only safe way but the fastest way we can transport ourselves.

4. Virtual reality: Taking people into virtual world through games or movies has always been an amazing experience. Now this is more like a reality where this technology tricks the brain to feel like we have come to a new world. This technology has no limitations of entertainment, it can not only take us to the best places in the world, but also to the space without having to spend millions of dollars. The best part is there are many virtual reality headsets available to order online, cheapest being the google cardboard (for $20).

5. Augmented reality: If our world can move into the virtual world, why not also give the possibility of bringing the Virtual world into our world. Augmented reality shapes the future of wearable industry giving rise to super human capabilities. Everything we need to visualize is now possible with augmented reality. This technology is paving the path to give birth to wearable so that we never have to carry our smart phones in the future.

 

If you are interested to know more on any technology, put that in the comments below and I will be happy to write about it.

Artificial intelligence: Digital socialization or Apocalypse of human race?

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We are already in a generation where a 1000$ computer has all the computing power that was once used to launch rocket to the moon.

“Many scientists believe the exponential growth in computing power leads inevitably to a future moment when computers will attain human-level intelligence: an event known as the “singularity.” According to futurist” Ray Kurzweil, this would happen by 2030.” – Read more

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Does this scare you?. Imagine if this is the growth, then by 2040, a computer can think for the entire human race at once. Does this mean that we are moving towards our own created apocalypse or can we live in a world where we socialize with super intelligent robots (digital socialization)?.

What can be done to avoid the former is a huge argument around the globe and top billionaires (Elon Musk, Bill Gates, Larry page and Peter Diamindis) in the world are already thinking on ways to avoid this from coming.

Let me know how you think the future of computers will impact us in the comments below.

 

 

5 Best Growth Hacking tips to boom your business – A New era of marketing!

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We all have recently come across this term which is shadowing the traditional marketing. Growth hacking is the next era of marketing which challenges and puts companies in a fast track of growth. It involves engineering the marketing quotient, and generating growth with minimal investments. Following are some of the steps to be followed for effective growth:

1. Product Market Fit:

“Make something people want” – Paul Graham

This is one of the most important and probably where most entrepreneurs face difficulty. To find what people want is not an easy task. That is why, most entrepreneurs take this step by step because ending up with wrong product market fit can be disastrous. It is recommended to follow Lean Startup principles for this step, that is, building an Minimum viable product (MVP) before building a full product. This allows to go through Build – Measure and Learn loop.

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2. Make your website load faster:

A slow site turns customers away. It has a direct impact on your wallet. In fact, “a 1 second delay in page response can result in a 7% reduction in conversions.”

There are many ways to keep your website loading under 2 secs. Try to keep the page simple to be more effective. Here are some of the tips you could use for making your site faster.

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3. Find your stickiness factor:

Stickiness factor is something which signifies which part of your product customers like the most. You could use various analytical tools online such as Google Analytics and Kissmetrics to understand what is your stickiness factor. Use this and scale it to as many customers as possible.

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4. Write Blogs:

Writing blogs is the modern way of reaching customers and understanding what they need. Blogs not only help the customer interaction to improve product but also can help build the initial user base to whom our product can be deployed. Make sure your blog content is engaging and have links to social bookmarking to have the viral factor.

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5. Giving referral bonus and increasing viral coefficient:

Viral coefficient is a factor which determines how fast your product/idea can spread through the population. Customers are interested in “what they get?” at the end of the day and that is what companies like Dropbox, Google and Hotmail have adopted. If user gets a benefit for referring, then the idea/product spreads like a virus. Making the product/idea attractive is very important as users will not share if the content is not cool.

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Hope this post helps for people to get started into Growth Hacking!

5 Lists that will make you successful

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“There are approximately 3000 thoughts crossing our concious mind in an hour.” Keeping track of all of them is definitely not possible but noting a few of them can change your life. Out of all lists possible, here are 5 lists that can transform your life:

1. List of Goals:

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Goals define what we can do today, to make a difference tomorrow. It is important to set the goals on a weekly basis and track the milestones. If the goal is large, break it into smaller measurable goals for weeks.

2. List of Contacts:

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Meeting new people and making contacts is one of the prime attributes of a successful person. At the same time, it is important to create a list of people whom you think are reliable and skilled.

3. List of Healthy tasks:

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Most people ignore the health while working on their perfect project. As we all know, a healthy body leads to a healthy mind. Having list of goals for your health gives a sense of satisfaction and keeps your mind creative. Try to add them in your weekly goals.

4. Lists of Ideas:

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The mind is an ocean of ideas. Once you get an idea, do not hesitate to keep a note of it, no matter how crazy it sounds. Lists of ideas are a way of self improvement. And why stop there, go ahead and execute them. If your ideas are big, break them into smaller goals and add to list of goals.

5. Bucket List:

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Last, but the most important of all is the bucket list. Make sure you make a list of all the dream places you want to visit, adventures that you always craved for, or cars that you always wanted to drive. Use tools which can attach images with your lists especially for the bucket list.

Apart from all this, make sure you visit your lists once a week and check the goals once you have accomplished. Have a sense of satisfaction by seeing them at one place.

Hover yourself with Lexus’ dream project – Slide – Quantum levitation to float and slide

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I guess you might have come across this catching thread of Lexus’ new Hoverboard called SLIDE, inspired from sci-fi movie “Back to the Future”. If not don’t worry we will go through all the details you would want to know about this product.

First off, to make things clear this is no mass production plan of producing levitating hoverboards (which sounds cool) but it is a viral stunt from Lexus.

How it works?

The hoverboard works based on a physics concept of “Quantum levitation” which is nothing but simply a superconductor which floats on a magnet (similar concepts to Maglev trains). The floor thus is a mixture of magnets and concrete.

As for the smoke you see in the teaser video, it is liquid nitrogen which is required to keep very low temperatures for superconductor to function.

We all hope that such projects become reality one day and are commercially available.

Project Soli – Mind Blowing interaction method by Google

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For those who feel handling small devices was difficult, this is just the amazing innovation coming through from Google’s Advanced Technology And Projects (ATAP) group.

The device works on the concept of RADAR which senses our hand gestures and interacts with our electronic devices. Using this hardware along with complex algorithms of machine learning, it can track hand and finger gestures precisely. The video is just an amazing representation of the device that awaits us in future.