All articles published in Indiana Tech are submitted by IU students and remain uncensored and unedited upon publication. This gives students a place to share their articles on business and technology, however some students have integrated spam or subtle advertising within their articles. Thankfully, those articles were promptly removed thanks to whistleblowing by the IU community. If you find any spam or advertising in any articles or comments, please report it to us so that we can delete those posts if needed. Thank you.
Western society is getting older as the baby boomers enter their golden years. This aging population has created a ready market for technology that assists older people in keeping an independent lifestyle. Many of these are updates on solutions that have been around for a number of years such as stair lifts and residential elevators that make it easier for the elderly to get up and down stairs.
Some however are completely new technologies such as smart homes that not only make it easier to do things like control lighting and temperatures but can also be used to allow family members to monitor their elderly relatives to make sure everything is ok. While others are smart phone based services that can make it easier for old people to stay in their homes longer. Though they may not be specifically aimed at the elderly here is a number of services that have become very popular with older people.
Mobility solutions are probably the most obvious technology as older people have more difficulty getting around. The advent of ride sharing services may not have been specifically developed for older people but that does not mean they can not take full advantage of it. The low cost and convenience has allowed many older people to be able to get rid of their own vehicle which requires maintenance and expense and substitute with an app that lets them get transport whenever they need it.
Food delivery services whether prepared food or groceries have made it much easier for older people to get their groceries just like everyone else. No longer having to depend on meals on wheels they now have a wide variety of menu options available that they can easily order for delivery to their home at a time that is convenient for them or have groceries delivered and prepare the meals themselves. Never have the elderly had so many meal options.
Not only can you get food and transport from your smartphone but you can also get help with a number of other services such as cleaning or maintenance and home repairs from an app. Since they are run in an organised way with oversight on what is charged you are less likely to see older people being taken advantage of by unscrupulous operators. The growth of the gig economy means that there are new services every day being created that can help to overcome issues that affect seniors.
The future looks even brighter as more money is being invested in artificial intelligence and robotics it is only a matter of time before we see robotic solutions for eldercare that will be able to assist them with dressing and bathing. Not to mention all the health monitoring apps that will help them to live healthier lives and alert their family to any medical issues. As more of us get older no doubt more and more companies will find more technological solutions to the problems of old age.
For every business in hospitality, there are all the exciting milestones. For restaurants, it could be having the wine glasses polished and ready for opening night. For food trucks, it could be introducing a new menu item or taking business to a new idea. For cafes, it could be investing in a brand new, state-of-the-art coffee roaster. No matter what kind of business you are running in the food and beverages sector, there are milestones and exciting developments that take business to the next level. Regardless of which kind of business you are kicking into high gear in the food and beverage world, one important thing rings true: business is going to be full of challenges and exciting moments. Hold on tight, this is sure to be one hell of a ride.
Getting into the hospitality business is not easy. These days, food is considered a modern art form, and as such the rules and regulations surrounding the industry are, in a lot of ways, more important than those that apply to other industries. There is an entirely different set of rules that applies to the food and beverage sector, as well as all the stock standard rules that apply to having businesses of any kind.
Not only must hospitality businesses present themselves well and produce products of strong quality and visual perception, but they must also adhere to the national food standards (ideally, well above) of wherever the business may be. Nobody wants – or will, knowingly – put something in their bodies that is expired or otherwise past its use-by date. Produce must be fresh.
Successful businesses are built by inspiring brand loyalty and trust, and the hospitality industry is no different. In fact, if anything brand loyalty and trust are the cornerstones of the food and beverage sector. A large portion of consumer interest in any given hospitality business is owed to word-of-mouth. When diners are happy with their service, they are more likely to recommend it to those they know, and thus the business’ reputation grows more and more. Bad service or awful food or drinks will ultimately result in a poor reputation, and that is always bad for business.
Additionally, the hospitality industry is in a state of consistent transition. With modern business adaptations like the technological advancements making their way into the industry (online ordering, for example) happening all the time – and at an increasing rate, at that – it should come as no surprise that businesses in hospitality are in a current state of transition.
With so many exciting and challenging innovations continuously driving the hospitality business forward, paying attention to these most important innovations has never been more important to the longevity of any business within the food and beverages industry. The hospitality industry thrives wholeheartedly around literally catering to the needs and wants of its customers. Food is a modern art form, and we are the ones that decide what is painted on the canvas, or crafted into the final sculpture. The food and beverage business is consistently transitioning and always evolving, but the one thing that remains strong and true is the integral focus on the consumers.
Being a homeowner can come with large responsibilities. It is about understanding how to financially care for a home by being prepared for unexpected costs. When renting a home or apartment, some of these costs are alleviated by the landlord. For example, when owning a home, the owner is responsible for every damage made and every broken item or appliance within the home. When renting, it is often that the landlord pays a maintenance personnel to care for the location and anything that might go wrong within the units. Homeowners are responsibility for fixing and maintaining any and all costs that may go into having a home.
It’s important as a homeowner to remain prepared in the event that anything would happen to the home. Although something as simple as a refrigerator needing replaced seems like just general home maintenance that isn’t too costly, sometimes the costs can add up quick when purchasing a home. Purchasing or financing a home gives the owner(s) the ability and freedom to renovate and change the home however they so choose, but it also means taking care of all the home issues. If something were to go wrong such as a natural disaster or other issue, it’s important to have a plan of action for how to deal with these situations as they arise. Water Mold Fire Restoration of Indianapolis can help when things go wrong or aren’t up to effective standards.
When discussing preparedness as a homeowner, it first means to understand the things that may potentially go wrong to be ready for them in the event they happen. Sometimes it is things that are truly out of the control of the owner. Things like natural disasters aren’t something that someone can control, but it is something they can be prepared for. It’s not always a natural disaster that damages a home it could be something as simple as mold growing or an infestation of bugs or other unwanted species. If one is owning and not renting, it is up to them to take care of these situations and invest in home services to help. Some types of natural disasters or things that could potentially damage the home include floods, fires, tornadoes, hurricanes, or snow problems. Generally weather-based disasters are based on the location of where a home is located. For example coastal areas near the equator are often more affected by hurricanes than flat in lands that are stricken by tornadoes. Some taller mountainous regions near lakes or other bodies of water are often hit with snow throughout the winter causing various damages the the world around it. All of these different types of weather and disasters can cause upsets for a home. As stated, all of these are out of the control of the homeowner, but it is his or her responsibility to take care of these issues when they arrive. Understanding the different types of home services available for all housing problems can help fix issues quicker as well have a prepared plan of action for when these issues may arise in the future.
When you start college, your professors and classmates are going to have higher expectations for when and how you communicate. For an incoming freshman, it’s easy to be intimidated, especially knowing that your performance and your grades could hinge upon your ability to email appropriately.
Much of your productivity and efficiency will depend on your ability to stay organized, and your reputation and communication will depend on your ability to converse professionally. Fortunately, a handful of tips can keep you at the top of your game in both departments.
First, rely on these tips to make the most of your platform and stay organized:
- Use Gmail. Many new students consider different email platforms before deciding on one. Two popular choices are Gmail and Outlook. When evaluating different email platforms. While both can send and receive messages reliably, Gmail tends to fare better for students due to its sheer amount of customizability. There are more organizational options, plus the ability to combine different tools, extensions, and hacks to make your experience ideal.
- Create a system for organizing your messages. Gmail offers dozens of features you can use to stay organized. For example, you can use importance markers and stars to visually mark up your emails (so you can find them easier, or categorize them at a glance). It also offers a labeling system you can use to organize those emails more precisely. You can even set up Categories and automatic filters to automate the process of distribution.
- Apply that system consistently. Once you have that system in place, you’ll need to employ it consistently—otherwise, it won’t do you much good. Get in the habit of marking up and organizing any new emails as they come in. Otherwise, your inbox will quickly become a cluttered mess.
- Check your email at least once a day. Most professors rely on email as the most efficient way to send messages to the class, so check your email at least once a day. That way, you’ll be notified if and when class is canceled, if the deadline for an assignment changes, or if there’s a new requirement for your homework assignment.
- Turn off notifications. It’s tempting to turn on email notifications on your smartphone or other mobile device, so you can be alerted when you have an incoming message, but it’s better to leave those notifications off. Check your email manually if and when you’re expecting a message; otherwise, those notifications will create more stress, and produce distractions that pull you away from your work.
Then, apply these tips to remain respectful, communicate cleanly, and maximize the overall value of your exchanges:
- Always include a subject line. If you send an email without a subject line, you’re going to look unprofessional—and you’re going to make it harder for your professors, classmates, and other recipients to properly categorize your message. Always include a subject line, even if it’s just a few words, to concisely describe the nature of your message.
- Email early when you have a question. Professors are usually more than happy to answer any questions you have about assignments over email, but when you reach out for help, be mindful of the class schedule (and how you might look at certain intervals within that schedule). For example, if you reach out at 9:30 pm the night before a final essay is due with questions about formatting, your message will likely be ignored. If you reach out two weeks before the final exam with concerns about a specific topic, your professor will probably go out of their way to help.
- Keep your message concise. You don’t need three paragraphs of context to explain that you’re going to be late for a study session. Remember that it takes time to read a message, and the longer your message is, the more likely it will be to be misinterpreted or ignored. Keep those messages as concise as possible without truncating your meaning.
- Use bullet points and numbered lists when possible. Emails are easier to read and scan when they’re properly formatted. Try using bullet points, numbered lists, and special formatting options like bold and italics to make your messages clearer.
- Avoid mass messages and long threads. It’s easy for a message to spiral out of control when it includes multiple participants, or when it becomes bogged down with multiple replies (especially since Gmail groups those responses into a single, bulky thread). Try to keep your recipient list limited, and resolve your conversations as quickly as you can.
It doesn’t take much to polish your emails to perfection. Spending a little time up front to create an organization system, and spending a few extra minutes on each message to ensure their readability can have a lasting beneficial impact on your academic career.
Speakers have had a long and interesting history from the analog speakers of yesteryears to the Bluetooth Speakers of today. Listening to quality music was once the preserve of music aficionados and select rich who could afford expensive and sometimes, unwieldy analog speakers. Bluetooth technology was developed in the 1990s for the mobile industry and immediately made its mark in diverse areas, including speakers. The advent of Bluetooth speakers transformed the music scene overnight, bringing music into daily lives and influencing the ‘where’ and ‘how’ of listening to music.
Bluetooth speakers are ubiquitous in today’s society due to the convergence of various factors. They have grown at a phenomenal pace as mushrooming of the internet has facilitated access to and spread of music. The emergence of smart phones in the last decade has bolstered the Bluetooth market further as everyone with a smart phone has the universe of music in his pocket. The advantages of Bluetooth Speakers are manifold.
‘Wireless’ surely counts as a major advantage of Bluetooth speakers as a user does not have to grapple with a maze of wires. Wireless speakers can be easily connected to the device of one’s choice via Bluetooth, and they are good to go within a few seconds.
The Bluetooth speakers mark a quantum design jump from the dreary-looking speakers of old. They have an aesthetic look and feel, a sleek, curved and trendy appearance, and come in varied colors. Some Bluetooth speakers have such highly sophisticated designs that they resemble decorative art pieces.
Easy portability has been a crucial factor in the spread of Bluetooth speakers. These Bluetooth speakers are built in such a way that they can fit into any space comfortably. Given their small size and absence of wires, these speakers can be easily taken to the office, gym and other places. Listening to a favorite piece of music has become as easy as storing music in the mobile and connecting it with Bluetooth speakers anywhere and at any time.
Music appreciation and enjoyment is largely dependent on sound quality. Bluetooth speakers have a good sound quality and can therefore be deployed for social gatherings and picnic with family and friends. Not only that, the Bluetooth speakers can also be used for serious purposes such as office presentations.
Bluetooth speakers compare well with other technological marvels, in their environment friendliness. These speakers consume a limited amount of power and can thus be used freely without any worries about battery longevity and other issues. The speakers also offer sufficient battery backup so as not to interrupt the music experience.
To conclude, there is a problem of plenty as far as Bluetooth speakers are concerned. And sometimes, there is not much to differentiate one Bluetooth speaker from another. A buyer should look at factors such as design and sound quality before finalizing a purchase. He should keep a keen eye on the market scene and track speaker reviews as Bluetooth speakers are in a constant state of technological evolution.
Whether you’re a small, community-focused business or a Fortune-500, multi-national company, automating your most of your internal operations can go a long way in ensuring employee satisfaction, workplace productivity and a steady ROI. With the number of enterprise technologies available in the market, the very idea of choosing one that’s perfect for your team-size and business model can be daunting. Let’s take a look at the most popular ones that organizations across the globe use in their day-to-day lives to stay on top of things:
- A customer relationship management (CRM) framework is instrumental for your sales and marketing employees to ensure that everyone in the team is on the same page. As a cloud-based database, CRM contains details of every individual that your organization has come in contact with, including, existing clients, prospects, sellers, partners and vendors different passers- in your industry. When utilized well, it guarantees that nothing falls through the cracks, when you’re showcasing team performance to the administration or closing deals.
- When you have more than 5 full-time employees in your organization, you can benefit immensely from a human resources (HR) management tool, which can encourage employees to execute data entry tasks using a centralized portal, thereby alleviating the daily-work of your HR personnel. Most HR platforms available in the market include workflow and automation functionalities to help you create a straightforward process for employee onboarding/offboarding, track mileage for tax deduction, manage vacation/sick days, compensate people for overtime and administer health/401K benefits. They also come with payroll features are easy to integrate with other tools that your HR team frequently uses.
- Online office management systems have now culminated into full-fledged collaboration and interaction platforms that are essential for every growing organization. Going beyond just word processing and spreadsheets. they allow your employees to share documents across numerous devices, manage their calendar, video-call, create data archives, send messages, use chat for inter-team communication, monitor group activities and alert members of important tasks/events. Easy to integrate with email, choosing the right office management system based on your requirements, daily objectives and team-size can have a tremendous impact on overall workplace productivity and boost your company’s profits.
Online Backup tools shockingly inexpensive and provides the most powerful defence against Ransomware, where the malware-writers shut down or locks up organization networks to gather private (and often sensitive) information. In most cases, you’d be asked to make a hefty payment in digital currency to regain access to your company’s data. In 2012, the Europol declared Ransomware attacks as the biggest threat to online businesses in their annual Internet Organized Crime Threat Assessment (IOCTA) report. Not only this, Ransomware has continued to extensively target healthcare, financial, manufacturing, education, retail and hospitality, amongst other industry verticals.
Having an online backup service will help you restore your data from the last backup to minimize damage and get your business running while you take other prevention steps.
Tech is constantly evolving and there are trends popping up every day. The tech industry is caught in a whirlwind because every industry is turning to them for development in apps, websites, A.I. and more. Here are some trends we can expect surrounding technology in 2018:
- Artificial Intelligence
A.I. is of course all the hype. It has the power to reshape every industry from food and beverage to business. A.I. is taking control of some organizations and businesses in some regards. There are automated assistants that are making scheduling easier. The automation of certain logistics programs will also become more of a thing in 2018.
A.I. could leave room for money saving, but also shifts how some jobs will function. It is anticipated that humans will still be needed for these positions in the next few years, but who knows what the future will hold ten years from now. A.I. is a fresh trend that could significantly alter how we live as humans.
Blockchain is a revolutionary that is gaining traction in 2018. It makes it easier for money to be simplified into cryptocurrency, which could be the way of the future. This form of transaction is gaining attention worldwide. Blockchain is opening up new jobs for accountants that specialize in this field as well. It will have an impact on our economy over time that investors are watching out for.
- Building Computers
This is for those who are really into technology. Some tech wizards are building computers themselves for fun or for actual use. There are shops online where you can buy a used CNC or other relevant computer parts.
Some other key parts to building a car are the RAM, processor, hard drive, power supply and cooling system. These are all parts you can buy online new or used. Building a computer isn’t for everyone. It takes a lot of studying and knowledge to build a computer.
- Better Data Collection
Data is everywhere and with the rise of tech, this is even more apparent. The amount of data that exists is doubling every two years at this rate. This leaves room in tech for more focus on individuals and groups of people. Tech companies can track users like they never have been able to before. Data will lead to better advertising and targeting for tech agencies and companies across every industry.
- Paid Media
Social media channels are taking over the budgets of advertisers everywhere. These channels are the best way to target customers based on what they view and interact with. Companies are getting better and better at targeting through sponsored media and paid media. Twitter, Facebook, LinkedIn and Instagram are constantly changing how their advertising platforms work, which means room for improvement and development.
The exciting thing about tech is that the industry is building traction for all industries. We can expect improvements and simplification of everyday tasks in the coming future far beyond 2018.
Business is great for high earners but with respect to small timers, new ideas and projects are the most important asset. Entrepreneurship became an important subject matter for millions of people around the world, enabling aspired individuals to bring their projects to life, contribute to the markets and make serious bucks in the process. Today, an entrepreneur might start a new coffee shop or a new food retailer to reach their clients with ease. For online entrepreneurs, a simple website promoting entrepreneurial efforts and projects might do the trick, which means that possibilities are virtually limitless. Online entrepreneurship is gaining steam as the digital world continues to dominate the newly emerging business paradigm and innovators that take their game into the digital arena are the biggest winners for good enough reasons: accessibility, security and profitability.
Online entrepreneurship does not necessarily equate starting a new online business and even the largest firms resort to entrepreneurial efforts to boost their sales, such as Amazon’s recent sale for its Prime 1 members in celebration of the company’s 20th anniversary. The company provided extra privileges such as a live concert and extended hours for its Prime 1 members while also wishing to attract the attention of new customers but the plan did not resonate well with the crowd at all. The company’s ongoing promises have heightened the customer expectations to an extreme level and nothing seems to satisfy them. In addition, due to an overloading on the company servers, there were technical issues that lasted for two hours, leading Amazon customers to shop from rival websites such as Target. Amazon’s warehouse had similar problems regarding high demand in the process while the overall discount strategy seems to be attracting wrong types of customers who do not shop with the company at expected levels. The moral of the story? In order for Amazon, or any other competing firm in the market, to keep up with entrepreneurial ideas for its online services and attain financial success, the company needs to review its timing, personalize the customer experience and provide extra services besides discounts.
The Silicon Valley is a prime example for online entrepreneurship success but according to Marc Andreessen of Cnet, there are certain issues to take notice for further accomplishments. The author refers to the problems experienced by serial entrepreneurs in the Valley, claiming that most such individuals are one-hit-wonders and the lack of continuity creates a serious issue. Entrepreneurship has become more popular than ever and online entrepreneurs are finding it harder to compete in the game. Solution? Such entrepreneurs should seek to establish ties with existent companies to utilize their resources, finances and expertise and benefit in return. For final advices, Andreessen claims that online entrepreneurs should understand the cycles that regulate the Valley and start their businesses immediately to take advantages of them. It has become easier to start companies in Silicon Valley and big companies are always welcoming ‘exits’, meaning that they are looking forward to buy off existing projects that are facing financial or business related obstructions, at reasonable prices. All in all, the author promotes serial entrepreneurship in Silicon Valley and presumably elsewhere, because the changing times are providing excellent legal, financial and business related opportunities for those smart enough to take advantage of them.
Much like any other business sector, online entrepreneurship also has issues related to gender discrimination. However, given the technical and non-physical nature of the business type, women find great opportunities to show themselves and succeed. A good example is Australia’s ‘Etsy’ system, an online boutique marketplace, where 94% of all the sellers are women with 49% of such women using the system for the very first time: a great entrepreneurial beginning for sure. The idea behind the project was to introduce hand-made, authentic and local products to the market for initiating a new wave of entrepreneurship in Australia and the creators did not expect such a high female participation rate at all. According to Helen Souness, one of the company’s managing directors, the real reason for such a success is the low commission rate employed by Etsy, numerically speaking 3.5% of all sales, which has helped remove the barriers to female participation. She also adds that “personal fulfilment and enjoyment is key” to success with Etsy and Australian women are simply thrilled by the high capability of sales and marketing the system provides for them and their goods. Her message for online entrepreneurs is clear: enable every member of the society to participate and watch your business grow in full bloom.
Technology is everywhere. Look around you. In practically every room you are ever likely to enter, there will be at least two products of technological advancement and digitisation present. It is the way of the modern world; we value convenience and efficiency above all else, and technology has given us both at an exceedingly rapid pace. The world will be digital in as little as twenty years, but even so, there are some aspects of the business that will never be able to be fully automated. Invoice factoring companies, for example, are unlikely to automate their workflow because the simple reality is that when it comes to financing, we need actual people who are always ready to take our calls and give us tailored advice. While it is true that complete digitisation is not likely, complete digitisation of relevancy is inevitable. All systems, procedures, and aspects of life that can reasonably be automated, will be – businesses especially.
Computers play an integral part in keeping employees accountable and productive because they are designed to encourage and house complete connectivity and efficiency. This means that anyone that refuses to make use of computers at their job is unlikely to be able to work fast enough to meet the demands of their position. This ultimately results in gaps forming in the business and those gaps are nearly always closed and filled by more capable, adaptive, and willing employees. Computers and laptops especially have given businesses the world over an entirely new platform for productivity and success. Not only can laptops be taken anywhere in the world and still function entirely (as long as they have access to functioning Wifi connections), but they allow professionals to do their work at any time of the day (if their job permits such use).
Voice command virtual assistants are another digital addition to the modern workplace, and they have already proven their value. The virtual assistant trend has been sweeping over the planet for the last year or so, and businesses are among the most affected. Having a voice command virtual assistant allows businesses to set reminders and to do lists, boosting efficiency in the workplace. Additionally, virtual assistants also can relay facts and real-time issues such as news, traffic, and definitions (something that is particularly useful for those that spend a large portion of their job writing). What businesses are experiencing now is only the beginning of virtual assistant technology, as well. in the near future, virtual assistants are expected to be able to expand their usability, being able to research and even write down information, as well as take calls when employees cannot.
The very nature of business itself is being enhanced and shifted by technology, and the general consensus is that these innovations are only just beginning to break into the business world. The technological advancements that we have already seen being brought into the business world are impressive as it is but, in even ten years, they will prove to be small insights into the decidedly bright future of technology in the workplace.
What makes life easier is preferred by human beings and this is why technology always wins hearts and souls. Time, money and energy are all scarce resources for millions of people and any device or process that provides savings for any of these things is widely accepted and used by the general public. Companies that invest into technological research break ground while consumers which apt for the highest quality technological devices lead a more comfortable life, getting the bang for their buck.
Digital technology has enhanced this relationship between producers and the market vastly and the digital world provides nothing short of a great playground for ideas for millions of people. Whether it be creating visual content for brand new computer game or using a new coding language for web application development, today’s digital worker always finds new opportunities for experimentation and application. This is good news for the market and even better news for consumers because such capability increases competition in the game and therefore the quality of the products and services.
The tech industry has become so powerful over the years that an ambassador went to visit them recently, namely Mr. Casper Klynge of Denmak. The politician states that the large amount of influence that the Silicon Valley has become so apparent that the Queen of Denmark specifically requested him to pay the valley a visit and talk about Denmark’s intentions to remain powerful in the tech-game in the years to come. The transnational nature of these companies’ operations has created a vast global audience to which the politicians of the world are currently striving to reach in the name of presenting and promoting their causes. The ambassador states that the capability of connecting people with one another or with commercial services has become so popular over the years that most people in the world choose to remain in their private spheres and watch the world turn around through social media. Thus, companies like Facebook deserve visits from officials because the service they provide is priceless and will soon become even more important in the years to come.
However, not everything goes as planned in this specific field of business and as Mr. Elon Musk of Tesla fame discovered recently, the American government is not too fond of experimental business strategies. The Tesla CEO announced recently that he was going to take his company into the private domain for more control over its operations but the Securities and Exchange Commission halted his operations and banned him from becoming an administrator in any public company in the future. The institution is accusing Mr. Musk of confusing people with his erratic tweets related to his business, fearing that the newly graduated businessman might be after manipulation over Tesla’s shares. Meanwhile, Musk’s team of colleagues at Tesla are still backing him up, having firm faith in his capabilities as a business leader, pointing out that the company still has promising projects such as the new Model 3.
Security is important matters for the tech industry and recently, Uber, the new sensation in urban transportation, is facing a dire consequence. In 2016, the company’s servers were attacked by hackers who stole a significant amount of user information and were offered with a $100,000 deal from the company to delete the stolen information. The company kept the issue under the wraps but went public in 2017 after significant pressure, since the stolen information included personal data from 57 million users including 600,000 driving license numbers. The company is also being pressured to change its modus operandi and share periodic reports with regulators to prevent such attacks in the future. The price of the deal is $147,000,000 for Uber with similar cases in Chicago and Los Angeles still ongoing holding similar repercussions for the company in the years to come.