Quiz 7 Flashcards
Global
The first trend to note is the continuing expansion of globalization. The use of the Internet is growing all over the world, and with it the use of digital devices.
Globalization, use of Internet, mobile devices
Social
Social media growth is another trend that continues at a firm growth rate.
Personal
In the future, we will begin seeing devices perfectly matched to our personal preferences, based upon information collected about us.
Web 2.0, e-Commerce, personalization
Mary Meeker
For the past several years, Ms. Meeker has presented the “Internet Trends” report at the Code Conference every May. The presentation consists of rapid-fire summaries of data that provides insights into all of the latest trends in digital technologies and their impact on economies, culture, and investing.
Mobile
Mobile vs. Desktop. Minutes spent each day on a mobile device are 2.5 times the number of minutes spent on a desktop computer.
• Daytime vs. Evening. Desktop use dominates in the daytime hours, but mobile devices are dominant in the evening, with peak usage around 8:00 pm.
• Device usage. Smartphones are used more than any other technology.
• Smartphone sales decline. According to Gartner Group, world wide smartphone sales declined in the fourth quarter of 2017 by 4.7% compared with the fourth quarter of 2016. This is the first decline in global smartphone sales since Gartner began
• The rise and fall of tablets. In 2012 the iPad sold more than three times as many units in its first twelve months as the iPhone did in its first twelve months. However, tablet sales dropped 20% from the fourth quarter 2015 to fourth quarter
Key indicators of the growth of mobiles and smartphone
Collaborative (2 types)
As more people use smartphones and wearables, it will be simpler than ever to share data with each other for mutual benefit. Some of this sharing can be done passively, such as reporting your location in order to update traffic statistics. Other data can be reported actively, such as adding your rating of a restaurant to a review site.
Printable
A 3-D printer allows you to print virtually any 3- D object based on a model of that object designed on a computer. 3-D printers work by creating layer upon layer of the model using malleable materials, such as different types of glass, metals, or even wax.
Things: Buildings, musical instruments, medical models, clothing
Maker
the term “Maker” refers to a new category of builders who are using open-source methods and the latest technology to bring manufacturing out of its traditional factory context, and into the realm of the personal desktop computer.
Findable
Principally three factors have come together to give us IoT: inexpensive processors, wireless connectivity, and a new standard for addresses on the Internet known as IPv6. The result is these small, embedded objects (things) are capable of sending and receiving data.
• Internet of Things (IoT)
• Monitoring traffic, air quality, soil moistures, consumer
electronics, autonomous vehicles, etc.
• Benefits and concerns of using IoT
Descriptions of IoT
One keyword for IoT would be “independent”, not relying directly or constantly on human action.
Another keyword would be “interconnected”, in the sense that IoTs are connected to other IoTs and data collection points or data servers. This interconnectedness or uploading of data is virtually automatic. “Ubiquitous” is also a good descriptor of IoTs. And so is “embeddedness.” It is reasonable to expect that devices through IoTs are reporting data about conditions and events that are not foremost in our thinking, at least not on a continuous basis.
Benefits of IoT
Optimization of Processes. IoTs in manufacturing monitor a variety of conditions that impact production including temperature, humidity, barometric pressure – all factors which require adjustment in application of manufacturing formulas.
• Component Monitoring. IoTs are added to components in the manufacturing process, then monitored to see how each component is performing.
• Home Security Systems. IoTs make the challenge of monitoring activity inside and outside your home are now easier.
• Smart Thermostats. Remote control of home thermostats through the use of IoTs allows the homeowner to be more efficient in consumption of utilities.
• Residential Lighting. Remote control
Security issues of IoT
Eavesdropping. Smart speaker systems in residences have been hacked, allowing others to eavesdrop on conversations within the home.
• Internet-connected Smart Watches. These devices are sometimes used to monitor the location of children in the family. Unfortunately, hackers have been able to break in and again, eavesdrop as well as learn where children are located.
• Lax Use by Owners. Devices such as smart thermometers, security systems, etc. come with a default password. Many owners fail to change the password, thereby allowing easy access by a hacker.
Autonomous
By combining software, sensors, and location technologies, devices that can operate themselves to perform specific functions are being developed. These take the form of creations such as medical nanotechnology robots (nanobots), self-driving cars, or unmanned aerial vehicles (UAVs).
market capitalization (market cap),
the value of the firm calculated by multiplying its share price by the number of shares, makes Google the most valuable media company on the planet.
Organic or natural search -> page rank
Search engines use different algorithms for determining the order of organic search results, but at Google the method is called PageRank Google does not accept money for placement of links in organic search results. Instead, PageRank results are a kind of popularity contest. Web pages that have more pages linking to them are ranked higher.
