From the Neolithic Agriculture Revolution to the Industrial Revolution, the current “Internet of Things” may be the next Big Thing.

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Ever since the 1990s Digital Age Internet boom, today, billions of things are now connected, or in some way, linked with technology. With billions of ordinary things, from farm cattle to factory processes, Google Glass to Audi’s driverless cars, being linked to microchips and to online networks, some experts predict that such technological transformation may be as profound as the Industrial Revolution.

Every revolution changed the course of life on Earth drastically, for the better and for the worse, for efficiency and for connectivity. The Agricultural Revolution changed the way humans lived by shifting us from the nomadic “cavemenesque” hunter-gatherer lifestyle to a sedentary agricultural society, reaping higher crop yields, longer life expectancies, and the sad “domestication” and exploitation of women and slaves, and the beginning of competing kingdoms, otherwise known as “dirty politics.” The Industrial Revolution powered industry to produce things exponentially and efficiently, slowly speeding us from the slow agricultural pace to a slightly faster industrial economy. News traveled faster and people got to places quicker. What first seemed to be just a more efficient way of doing things and less arduous became a permanent lifestyle that would last until the mid-20th century. In general, human lives (physically) have gotten easier, yet (psychologically) have become more complicated as we near the end of the Digital Age and towards rapid innovation. In layman’s terms, up until now, humans have only become lazier than before. And this isn’t going to change, it’s just going to go faster.

So what exactly is this “Internet of Change”? According to Jim Stogdill, GM at Radar of O’Reilly Media, the “Internet of Things” is used to describe this latest “permutation of digital technology.” With open source hardware and software integrating different interfaces (for the better and for the worse), such as linking sewages, power plants, and office buildings to a complex network, allowing real-time control and supposed efficient operations, “manufacturing has been made frictionless, development costs are plunging, and new manufacturing-as-a-service frameworks will create new business models and drive factory production costs down and production up” (2).

And the payoff could be, well, let’s say, make the lucky company the first worldwide trillion-dollar corporation. It could, literally, buy the US debt. (Of course not, though.) And it could just be anyone. (Well, more so the Bay Area tech companies, or some Chinese or Asian tech company, or the College Board, or…Enterprise Organization???) Nonetheless, some predictions indicate that such shift may generate nearly $9 trillion in sales by 2020! (In comparison to Bay Area’s top 150 companies 2012 revenue of $677 billion.)

By outfitting the globe with billions of connected gadgets, experts foresee a world in which:

  • More elderly people survive once-life-threatening accidents, since doctors and emergency responders will be alerted the moment their patients fall;
  • Fewer planes will crash, because every part on every aircraft will be electronically monitored so they can be quickly replaced at the slightest sign of failure;
  • And wines will get better since vineyard operators will know precisely when their grapes have the perfect sugar concentrations for picking.

[Copied directly from: http://www.mercurynews.com/business/ci_24835528/internet-things-could-be-next-industrial-revolution]

What’s even more startling, it’s already starting now! According to Cisco, at least 10 billion devices are already tied to the Internet. They range from smart cars to pill-bottle caps to Nest Protect (R)*–a thermostat that switch off when no one is around.

But while a more connected world will make our world easier in many aspects, some critics are not that optimistic about this “Internet of Things” revolution. Alongside any privacy and security implications of these devices transmitting info across the Internet, another concern is the possibility of a malfunction to this techonology, considering a lot would be at stake since so many people would rely on the technology for many of everyday activities.

From a study done by Oxford Internet Institute, they warn of the “potential for glitches that one may find themselves “repeatedly telephoned by a public lavatory that has run out of supplies and has been programmed with the wrong number to contact the supplier.” In short, maybe this “Internet of Things” won’t come as fast as anticipated. So don’t worry, Samsung, you’ll still hold your Galaxy phone as the next Big Thing…but once this new next Big Thing explodes (integrating all technological innovations into one) as the next global technological epidemic, I hope you got your Galaxy a lifevest on!

Sources:

  1. http://www.mercurynews.com/business/ci_24835528/internet-things-could-be-next-industrial-revolution
  2. http://www.forbes.com/sites/oreillymedia/2014/02/10/more-1876-than-1995/
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Enterprise Organization Launches new website

Enterprise Organization is proud to welcome you all to its new official website, www.enterpriseorganziation.com. The website features information on our subsidiaries, international projects, information on our organization, and the individuals who run it.

Enterprise Organization's home page.
Enterprise Organization’s home page.

For those readers that currently are not aware, this newspaper itself is a subsidiary of this organization. Enterprise Organization was originally started last December by Viren Rupani, another author on this newspaper, with the goal of teaching high school students the diverse topic of business, and allowing them to employ this knowledge through our simulation at Enterprise Conventions. From there, it has grown to include a management team and a legal counsel. The management team now includes:

Viren Rupani – President

Khush Patel – Vice President of Finance

Tarun Masimukku – Vice President of Projects

Parshv Patel – Vice President of Internal Affairs

Eric Huang – Legal Counsel

Now, the organization has expanded to reaches it has never imagined it could. In addition to this internationally visited newspaper website, EOInternational.wordpress.com, Enterprise Organization also includes, Education of Tomorrow, a organization that offers free tuition to the entire public. The reason behind opening EDOT was that, as much as we promote equality and free public schools in today’s world, it is inherent that those students who have financial advantages tend to perform at a higher caliber than those who do not, due to the access to extra resources. Now this partner organization has exponentially grown to include many tutors and clients, and even international partners, Ex: Rotaract Club of Narsee Monjee College in Mumbai, India, and Magnanimous Print Foundation in Edison, NJ, USA.

The other subsidiary, EOInternational, has grown to be visited and recognized worldwide due to the wide variety of topics and news it covers with a factual base that may not be offered by other news websites. 

We hope, you as our valued viewers will explore the new website and our organization’s progress to success!

Thank you for the support, it would not have been possible without you. 

Respectfully, 

Enterprise Organization Management Team

Tesla Motors Expands in China

Tesla Motors signed a deal today to build more than 400 charging stations in China across 20 cities. All the charging stations will be located at China Unicom retail outlets. China has recently shown a great amount of interest in automobile expansion in their country. In 2013, they led the world in automobile sales of 22 million.

The introduction of electric vehicles will also prove to be profitable to the nation. China looks to reduce the excess pollution in their country by focusing on the market for electric and hybrid cars. Also, to encourage purchases of electric cars they will stop charging sales tax on sales of electric cars. Instead, they will introduce a gasoline tax to fund the creation of the charging stations. China can’t necessarily force people to buy electric cars but they can certainly endorse and support the construction of charging stations.

According to several sources,  China has sold about 5000 units of Model S this year. Despite only providing the Model S in certain cities and areas, the sales show that Model S is off to a fine start. Tesla has been one of the fastest growing companies and in 2014 their stock is up more than 79 percent. This expansion into China has helped  Tesla’ s stock hit a record high and it seems that this venture will prove to be quite profitable for them.

Google Project Wing

Google is known for its innovation and state of the art ventures. This ranges from Google’s Self-Driving car to Project Ara.  Lately companies, such as Amazon and Domino’s Pizza, have been venturing into drone technology to expand and improve their customer service. Now, Google will do the same.

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Thursday Google X announced that it is developing a system of drones to deliver goods. So far, Google’s Project Wing prototype has seen success. The prototype is about 5 ft wide, 2.5 ft high. single-winged, and has four propellers that move into different positions. It can carry supplies, such as “candy bars, dog treats, cattle vaccines, water, and radios”, as it has to two farmers in Queensland, Australia earlier. 

http://online.wsj.com/articles/google-reveals-delivery-drone-project-1409274480

This insurgence of companies testing drone technology may be a bit early because commercial drone use is nearly banned in the US. The FAA was considering regulations to change that, but the regulator is moving carefully because the technology is still potential dangerous and conflicts with interest of privacy. 

Google has been working on drones since 2011. It aims to have these drones flying programmed routes with the push of a button. Making these routes won’t be an easy task either. Google will have to plan tracks that respect people’s privacy, avoid any natural object, and be short enough to make speedy deliveries. 

Here’s a video of Project Wing in action

The company hopes that this project will create new growth opportunities by moving products around more efficiently. More about Project Wing. It is lead by Nick Roy, an associate professor of aeronautics and astronautics at Massachusetts Institute of Technology (MIT). 

As far as goods go, it’ll be interesting what Google will deliver. Will it be just products from the Play Store, or will it be more? Who knows, all we can do is dream and hope. 

Sources:

http://online.wsj.com/articles/google-reveals-delivery-drone-project-1409274480

Datastruck

Honestly, the banks today are rather cruddy at protecting their data.

Once again, it is reported that hackers have attacked. This time it was a number of US banks, including JPMorgan and four others. The hackers infiltrated the bank networks, stealing gigabytes of data, including savings and checkings account info. What’s certain, though, is that this was not the handiwork of one hacker, but rather, a entire sophisticated coordinated cyberattack.

Unfortunately, the intentions and origin of the attacks are still in the dark. However, the F.B.I. is currently investigating the situation, and in the past few weeks a number of security firms have been brought in to conduct forensic studies of the infiltrated computer networks. Right now it is not certain whether the intentions were for money, or for collecting intelligence.

Whatever the reason, America’s entire system might be hacked if something isn’t done about it!

The Stock Market is Coming Back

The stock market always has it’s ups and downs; but, for those who are bullish in the stock market, or those investing for the economy, it’s been a good couple of days. The S&P 500 has reached a record $2003 in the past 2 trading days and it seems like America is recovering from a slow couple of months.

What is the S&P 500 and What is its Significance?

The Standard & Poor 500, also known as the S&P 500, is a stock index that uses the top 500 companies in the United States and averages them out into one index that reflects the condition of America’s economy. Indexes like this include the Dow Jones Industrial Average, an index that combines the top 30 “blue-chip” stocks in the US, and the NASDAQ, an electronic stock market that works around the US. As displayed in the charts below, the indexes seem to be in good shape and that just means that America is doing well. 

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The chart above presents the state of the top 3 indexes since June 26th, 2014 until August 26th, 2014. The indexes have shown consistent improvement with the S&P 500 jumping almost 2.5% since June 26th, the NASDAQ improving 5%, and the Dow Jones rising about 2%. All in all, this chart shows that investors are becoming confident about the United States once again and that companies are working harder than ever to boost sales and profits. Analysts state that companies are putting a lot of money into mergers like the Apple and Beats Headphones merger and the Burger King and Tim Hortons merger which is enticing investors to believe in these companies and invest in them. New data revealed in August points to strong economic growth, a strong earnings season, and low interest rates, which has brought more and more people to invest in America once again.

The stock market currently seems like it’s having a bullish season but will it continue to grow or is a recession looming in our future? In the scheme of things, bearish investors, or those investing against the economy, know that prices fluctuate and that companies will continue to work but there is always a drop that comes around every now and then. With the advancement of the economy now, the fact still remains that America is under trillions of dollars of debt and that America is also having trouble maintaining foreign relations. The question still remains but let’s enjoy it while we can.

Bibliography

“August blues? No way. Best Aug. for stocks since 2000.” Americas Markets. N.p., n.d. Web. 26 Aug. 2014. <http://americasmarkets.usatoday.com/2014/08/26/august-blues-no-way-best-aug-for-stocks-since-2000/&gt;.
 
“Dow Jones Industrial Average.” DJIA Index Chart – INDU Stock Quotes – INDEX: DJI. N.p., n.d. Web. 26 Aug. 2014. <http://www.marketwatch.com/investing/index/DJIA&gt;.
 
“S&P clears the 2,000 mark, reaches uncharted territory.” – MarketWatch. N.p., n.d. Web. 26 Aug. 2014. <http://www.marketwatch.com/story/sp-clears-the-2000-mark-reaches-uncharted-territory-2014-08-26-111034930?page=1&gt;.

The Real King

Let’s face it – Burger King will never top McDonald’s in the fast-food industry. McDonald’s simply has the closest thing to a monopoly as possible on the planet. However, Daniel Schwartz, the new chief executive, wants to change that.

Burger King is supposedly buying Tim Hortons, a Canadian coffee-donut chain, for $11.4 billion. This will be the largest-ever acquisition of a restaurant chain.

A Burger King and a Tim Hortons in Canada. Burger King is in talks to buy Tim Hortons for more than $8 billion.

This is simply another piece in Schwartz’s plan to bring Burger King to the next level. Ever since 2010, Mr.Schwartz has been cutting costs and expenses in the company, selling more restaurants to franchise owners and reducing the amount of money and employees needed to run it. Then, Mr. Schwartz led the buyout of Burger King by a Brazilian investment firm named 3G. Ever since 2012, the company’s value has doubled.

After the cost-cutting, suddenly Mr. Schwartz and 3G are putting major money into the company, planning on buying Tim Hortons and further expanding their growing empire. Essentially, they are attempting to emulate the success of Yum Brands, the owner of KFC, Pizza Hut, and Taco Bell. It is possible to thrive with more than one restaurant under one roof.

We’ll see if Burger King’s acquisition is a bust, or a win.

How We Will Make Purchases in the Future

Every morning millions of people are commuting to work. Coffee shops are piled with rush hour traffic. Convenience stores are bombarded with hasty customers. Metros are filled to capacity with workers rushing to get to the office. This day and age – the digital era – is bustling with new innovation and speed. Time is of the essence and it passes quickly. In our lighting speed society, people work so efficiently and quickly that many business transactions are completed while commuting. However, in this picture of fast-paced innovation, we still lag behind buy using our bills and coins and searching our wallets/purses for a credit card that is accepted at our frequently pit stops. How is it that we have visions set for the future in almost every aspect, but we are still using a method of payment that goes back ages?

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Well, soon that may not be a concern. Major cities across the globe have started to use alternate, quicker methods of payment. For example, people in San Francisco are paying with their smartphones; Londoners tap these special wristbands; Nairobi citizens simply pay via SMS; people in Lund, Sweden pay with a slight swipe of the palm. This does not go to say that the old-fashion wallet is not being pulled out in these cities- because they are (even more likely)- but these alternative forms are something that we simply can’t ignore.

These new methods all share two common aspects – they are digital and they are quick/convenient. Let’s explore into some of these methods, shall we?

First we have the “wave and go” method. This method is currently experiencing the largets traction in retail purchases. You simply wave some item over a reader and you are able to make low-price payments. The technology behind this method is NFC, or near field communication. This technology has been around for some time and is already installed in several smartphones (excluding the iPhone). NFC has many uses, but paying is one of them. People increasing are using contact-less cards equipped with NFC or their smartphones to make purchases.

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One major backing of smartphone purchases is Google. Google has developed Google Wallet that allows users to make safe purchases using credit card accounts/bank accounts with just a smartphone. Even more, Android devices are often equipped with NFC so consumers can literally wave their Android phone and pay via Google Wallet. Of course Google Wallet is not the only option, but is certainly a major one.

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Another Method is the electronic credit card. These cards, made from companies such as Coin, are ideas that set out to declutter your wallet. These cards basically store all of your credit and debit cards on one piece of plastic. You can switch between cards with a signal press of a button.

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Now at first this may seem a bit unrealistic because of security reasons (what if you lose that one card), but there are features put in place. If you were to lose this card, you won’t have to worry. The card can only work if it is within a close proximity to your mobile phone. It is connected to your phone via a Bluetooth energy chip. In a nutshell, these cards are both more secure than paper cash and loose credit cards, while also making it easier to carry your money.

Now these are just two of possible method of payment. Other methods include using your fingerprint as a debit cards and using a smartwatch for payment (wave and go). However it will take time before these methods are wide spread. Still, it is exciting and scary to see how the future progresses. We will have access to technology that make payment and our lives in general easier, yet also makes us more vulnerable to attack from hackers. Well, it’s as they say, there can’t be light without some darkness.

 

 

Sources:

http://techcrunch.com/2014/01/02/coin-video-demo/

http://www.cnn.com/2014/08/21/tech/how-well-pay-for-things-in-the-future/

Max Verstappen, F1’s youngest driver, doesn’t even have a license.

Sixteen year old Max Verstappen is set to become Formula One’s youngest driver ever,and he doesn’t even have a license.

The teenager is actually the son of the Dutch Ex-F1 driver Jos Verstappen and is currently racing in Formula 3 circuits with the Van Amersfoort Racing team after having been established in go-Kart racing. The thing is, he is actually too young to even take his driver’s test on Dutch roads!

His partner will be Russian Fanii Kvyat as a part of the Red Bull feeder team and 24 year old Frenchman Jean-Eric Vergne placed as surplus.

He will partner Russian Daniil Kvyat in the Red Bull feeder team with 24-year-old Frenchman Jean-Eric Vergne deemed surplus to requirements. Verstappen, who won the go-Kart racing championship last year and has placed in the leader board in 8 out of the 27 races he raced as a part of the Formula 3 racing circuit. Turning 17 next month, he will beat the previous record holder for the youngest F1 driver, who was Spain’s Jaime Alguersuari by 2 years.

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In response to the amazing opportunity, Verstappen said this, “Ever since I was seven years old, Formula One has been my career goal, so this opportunity is truly a dream come true.” He also stated that he believed his step from Go-Karting to F3 was a far larger step and hoped that his transition from Formula 3 to Formula 1 will be easier.

As for safety? He doesn’t seem worried at all: “I’m not that worried about it. The cars are really safe. I think it’s more dangerous to bike through a big city than race in an F1 car.”

Whatever the case is, this boy has racing in his blood and genetics. He is lucky to get this opportunity at such a young age, but clearly, he is an amazing driver to reach this far at such a young age, and he may enlighten us yet on the track.

 

Questions? Suggestions? Doubts? Please comment below and I will be sure to respond!

The Fleeting World of News

Do you remember the invasion of Ukraine? How about the disappearance of Malaysian Airlines’ Flight 370? Both events occurred a few months ago and aren’t being covered by any major news networks anymore. However, neither of these issues is even close to being resolved.

Most news networks fall into one of two categories: they either advocate beliefs and ideas of a certain political party, or they delve far too deep into unimportant details. Let’s focus on the second type because they at least try to inform the public of current events. Take CNN, for example. For the past week, the network has been covering solely the situations in Iraq and Ferguson. It invites contentious experts to discuss often irrelevant details, in a manner as churlish as the protesters themselves. Thus, the discussions reach no substantial conclusion, yet they are repeated multiple times.

But why should we care at all? The answer lies in the purpose of journalism, which is to empower the audience to make more educated decisions about their own lives, communities, and the world around them. Within the time span that networks have, they should allocate at least a fraction on covering unsolved issues of the past, because problems aren’t ephemeral, and neither are their solutions. In fact, issues of the past – the nation’s debt, gun laws, the invasion of Ukraine – will always come back swinging. It’s about time we asked ourselves,  was news created to instigate actions towards problems concerning the world, or to watch the world burn?