eGovernment – Definitions and Benefits

EGovernment is one more of the recent years “buzzwords”. It is usually either paired with the word “services” at the end or other words like eGovernance and Digital Government. Like every other (relatively) new and cool “buzzword” they are used widely by a broad spectrum of individuals who represent mostly two different backgrounds. Information technology and politics. The first because it is a technological issue, the later because they have come to realize, even though a little late, that they represent an excellent vehicle for them to provide a better experience to anyone who interacts with the Government. But, what do these terms mean? Do they collide or conflict each other? How about covering or including one another? EGovernment is in the first stages of development. Most governments have already taken or are taking initiatives offering government services online. However, for the true potential of eGovernment to be realized, government Continue reading

Introduction to Radio Frequency Identification (RFID)

In past few recent years, the automatic identification techniques have become quite more than popular and they have also find their places into the core of service industries, manufacturing companies, aviation, clothing, transport systems and much more. And, it’s pretty clear by this point of time that the automated identification technology especially RFID, is highly helpful in providing information regarding the timings, location and even more intense information about people, animals, goods etc. in transit. RFID is responsible for storage of large amount of data and is reprogrammable also as in contrast with its counterpart barcodes automatic identification technology. In everyday life, the most common form of an electronic data-carrying device if often a smartcard which is probably based upon the contact field. But, this kind of a contact oriented card is normally impractical and less flexible to use. On the contrary, if we think of a contactless card with Continue reading

Role of Technology in Modern Business

Technology has slowly and steadily seeped into all aspects of our lives, big or small. Business is no exception to this trend. In the age of information technology, computers and the internet have become as necessary to businesses as capital, in some cases even more so. Use of specialized hardware and software has made things quicker and less prone to errors, simple and repetitive tasks have been largely automated or will soon be short, communication has been revolutionized, and the rapidly lowering costs of technology are allowing small companies to compete with and outsmart larger corporations. These benefits have not come free of challenges, however. The rapid pace of improvement in technology, which fuels its disruptive powers also makes the future that much harder for managers and business leaders to predict. Careful thought and planning are required if businesses wish to reap the benefits and mitigate the drawbacks. Ultimately, it Continue reading

Algorithmic Decision Making – Usage Algorithms in Decision Making

Algorithms play a significant role in our day-to-day lives. However, what is an “algorithm”? there is a definition of algorithm: a set of steps to accomplish a task. We live in an algorithmic culture, where algorithms are ubiquitous, pervasive and unnoticed. For example, algorithm can help people predicts the spend time from home to school, and then manage the time. And algorithms determine computer operation, stock prices, espionage tactics, social networks, even the movies you watch, it shapes human society in everywhere. The human society ran by algorithms, it helps people to make daily decision and solve problem. Algorithmic culture is a historical process that is used to organize human culture by means of computational process. The humans have more depended on computational processes to entrust cultural work – the classification, sort, order, and rank of people, places, objects and ideas in the past 30 years. It means algorithmic culture is Continue reading

Cryptocurrency – Meaning and How it Works

Cryptocurrency is an online digital and virtual currency which only exists electronically where it is designed to be secure and anonymous. This online currency can be offered as a medium of exchange that operates independently of a central bank. Being independent is a massive attraction for many people as it won’t have any government tampering as there is no central controlling authority. Users on the network would confirm every transaction which then become  a public record. This helps prevents the same digital/virtual currency from being spent more than once by the same individual. The ever-fast-moving market of cryptocurrency with exchange rates that can dramatically change by day or even sometimes by the hour Is quite a difficult market to understand. In the 90’s they were many attempts to create digital currencies but most of them failed due to reasons such as fraud and financial difficulties. However, in 2009 an anonymous Continue reading

Technology Management Framework – Gregory’s Five-Process Model

The Gregory’s five-process frame work is an important technology management model, which has been proposed in 1995 by M. J. Gregory. This process has been built based on previous work on technology management. There are several elements have been identified previously link to the technology management within organizations. Competence and capability are important to be analyzed within the organization to understand the strength and weakness. They also reflect how well the organization can satisfy the customers and how fast the organization may response the market. According to this analysis, the company can identify the suitable technology strategy. Organization learning is also widely used concept in technology management. R&D development and new product introduction are the processes which technology is applied in. Innovation activities are taken to deliver the customer satisfaction. However, there is no agreed framework for technology management has been proposed. Based on the literature research on previous work Continue reading