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When it comes to global cloud platforms, few systems are more secure than Amazon Web Services (AWS). But even a security-conscious cloud like this one has its vulnerabilities and threats. For businesses, it’s important to prepare by thinking ahead.
The Appeal of AWS
AWS is the world’s most comprehensive and well-used cloud platform. It offers more than 175 featured services from global data centers and serves millions of customers worldwide. This includes startups, small businesses, global enterprises, government agencies, and everyone in between.
There’s no cloud platform more functional than AWS. It has better services and features, more powerful infrastructure, and fast/efficient systems that make it easier and more cost-effective to move and manage applications. But security is where AWS really stands out.
The core AWS infrastructure is architected in such a way that it can satisfy the most advanced security requirements for banks, military, and other high-sensitivity organizations. Thus, you can rest easy knowing it’ll meet the demands of your growing business.
7 AWS Security Tips to Chew On
Though AWS is far more secure on its own than most other platforms, it’s still important to prioritize AWS cloud security on the user side of things. Here are a few helpful tips you can use to get ahead:
1. Understand Your Responsibilities
AWS is no different than any other major cloud provider in that they operate under a shared responsibility model. This means Amazon takes responsibility for the security of the infrastructure itself, while you retain responsibility for ensuring the environment is configured properly and that data isn’t shared with the wrong people.
The easiest way to think about it is that Amazon is responsible for security of the cloud, while you’re responsible for security in the cloud. A clear and defined understanding of this will help you stay on track.
2. Carefully Configure Your Root Account
Inside of your root account, you’ll find access to all of your AWS resources. This is the master account and it’s a critically important one (especially from a security perspective). Protecting it requires careful consideration of all risks and threats.
One of the best things you can do is implement multifactor authentication. But instead of linking it to your mobile phone, which is prone to being compromised, consider using a dedicated service that sends you one-time passwords.
3. IAM Best Practices
So much of your AWS cloud security will depend on authorization and who is given access to AWS APIs, resources, and data. Identity and Access Management (IAM) is perfect for this.
IAM is an AWS service that lets you control access and capabilities for all users. As an administrator, you can create and manage different users and groups, applying granular permission rules to each to limit what people can see, access, and modify. Take this seriously and be stringent in whom you give access.
4. Data Loss Prevention Policies
It’s one thing for someone to gain access to your cloud. It’s much more dangerous for someone to gain access and then manipulate and/or steal data. Enforcing a singular set of data loss prevention policies across the board will mitigate damage when breaches do occur.
A good data loss prevention policy will help with incident reporting and remediation workflow, while preventing policy enforcement gaps that can occur when multiple cloud services are being used.
5. Minimizing Privileges
Few things are more dangerous to your AWS environment than giving unrestricted access to users. Here are two rules of thumb:
- Only create a user account for employees who absolutely need it. Not everyone has to have an account. They should be given out on an as-needed basis.
- When you give someone an account, grant the fewest privileges possible. Overly permissive user accounts significantly increase your risk of data theft or compromise.
If you follow these suggestions, you’ll avoid so many of the hassles that companies deal with on a weekly basis.
6. Encrypt Data on Both Sides
Encryption is your friend. The more you can encrypt data, the better.
For best results, try encrypting cloud-based data before moving it to the cloud, as well as inside of the cloud. This adds an extra layer of protection and prevents you from being more vulnerable than you have to be.
7. Practice Good Password Hygiene
Never assume that your employees will naturally create strong passwords. You must require them to do so by putting specific rules in place. You also need a robust password policy, which is the set of conditions of password rotation and inactive account deletion. There are plenty of apps and programs designed to do this or you.
Take AWS Security Seriously
You can’t operate under the assumption that you’re automatically secure in the AWS cloud. While it definitely has powerful native security features, you can further strengthen these underlying capacities by implementing a few of the tips, techniques, and processes outlined in this article.
Objectives and Key Results (OKR) software helps employers track objectives and key results for large projects. OKRs give users the advantage of seeing exactly where a project is when it comes to smaller tasks and larger deadlines. Whether you have a brand new startup company or an established company with various locations and thousands of employees, OKR software can help you manage your company, projects, and employees.
Typically, a group project will contain various parts and it can sometimes be hard to keep track of objectives and results. Often employees finish their parts and forget to let everyone know in key meetings and then when the project is nearing the end, there are parts that will get done twice due to the fact that there wasn’t a real-time tracking system in place. OKR software allows team members to see clearly each objective and to post their accomplishments and results for the whole team to see. This allows your team to be more productive overall.
OKR management software helps keep businesses on track and profitable. Historically larger businesses like Google, Intel, and Amazon use OKR management software to stay relevant and outperform their competitors. Strategic alignment is key when it comes to profits. OKR can help achieve complete alignment by aligning employees with their managers and share goals across each team or project. In larger settings, it is a great idea to have OKR software for the entire company so that higher-level management can see how lower-level projects are progressing so that they can gauge where to place employees and/or funding.
Not meeting deadlines can cause companies to lose the interests of buyers. Employees can contribute to lost time by not understanding the time they need to allot to each task. Boost employee engagement by allowing them to track the time they have to spend on each objective. Sometimes employees can be distracted by timelines. Often showing the larger timeline enables an employee to think they have more time allotted to them than the actual timeline objectives. Allowing employees to gauge the time it will take to complete each task allows them to see the bigger picture and gets them to their deadlines in a timely fashion. If one team member is not meeting deadlines, the manager can use OKR to see if another team member can pick up the slack in order to successfully meet their goals.
Using OKR’s flexible employee performance management software techniques, you can clearly see where your employees’ strengths are. This helps managers with performance evaluations and performance management. Assessing strengths and weaknesses is clearer to see when you can see a timeline and where people are lagging. The position of each member of the entire company becomes more clear when you use OKR software to review your team’s productivity. It is easier to see where your employee’s productivity stands in real-time with this software without having to check in with their superiors.
OKR software allows employees to see the vision of the company’s directives and goals and how they align with those goals. Everyone in a team is important and they want to feel as though their work matters. OKR software is the perfect way to bring your team together and share your goals of profitability. When choosing the best OKR software ensure that the program has the tools necessary to ensure that your projects are successful and your business is profitable. In both larger companies or smaller startups, OKR software can be used to improve your management structure, employee engagement, and performance management. All of which can increase your overall profitability.
Certified Ethical Hackers are becoming critical to modern businesses
The reality today is the world will stop functioning without computers. Everyone is connected, and so are daily life necessities and critical services as well as businesses. And the more organizations get dependent on computers, more weaknesses are created, jeopardizing the safety and protection of business secrets and confidential personal information.
About twenty or thirty years ago, stealing information from an establishment required having a document in one’s possession. Today the only need is to have access to the company’s network. As former UK Information Commissioner, Christopher Graham, once said, “The knock-on effect of a data breach can be devastating for a company. When customers start taking their business—and their money—elsewhere, that can be a real body blow.” Studies by the U.S. National Cyber Security Alliance found that 60% of small companies are unable to sustain their business within six months of a cybercrime attack.
And so, as the world progresses through 2020 into the future, businesses are increasingly focusing on cybersecurity. The issue has become more urgent, with only 38% of global organizations claiming they are prepared for a cyberattack, with a hacker attack said to affect one in three Americans every year.
Furthermore, in the U.S., as cybercriminals increase their attacks on state governments, authorities are hiring professionals who have completed their Certified Ethical Hacking Course to help them expose underlying security flaws in their computer systems. “The goal is to find vulnerabilities before something happens,” said Jeffrey McLeod, director of the National Governors Association’s homeland security division.
Therefore, with networking being a given in today’s world, everyone realizes sooner or later, it is all about security and protection. Furthermore, protection is not just a product. American tech content strategy expert, Art Wittmann, puts it, “We’ve come to realize, the idea that security starts and ends with the purchase of a prepackaged firewall, is simply misguided.” Furthermore, cyber security experts agree, 90% of all cyber-attacks begin with a human weakness. Cyber security warrior Tim Holman, said, “You could buy the most high-tech security software, then the admin guy whacks a generic password on it … and you’re sunk”. So, businesses realize at great cost that no website is hack-proof. Anyone can be hacked over time.
As technology advances, so the cyber threat also grows. In 2019 cybersecurity was considered a serious issue, by the technology industry, businesses, authorities and the public. There were many ransomware attacks, credit card fraud, and a mass of new app releases.
According to the 2019 Official Annual Cybercrime Report released by California-based Cybersecurity Ventures, the world’s leading researcher and publisher covering the global cyber economy, “Cybercrime will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015.”
Former IBM Vice President John Patrick was the first to use the term “ethical hacking” in 1995, but the concept has been around even before that. And today, with over 30,000 websites estimated to be hacked daily, it indicates the scale of modern hacking and how it has its tentacles over businesses of all sizes. These malicious hackers come in different degrees – from inexperienced “script kiddies” copying earlier malicious hackers, to sophisticated modern cybercriminals persistent in their drive to break defenses. And even as the conventional image of a malicious hacker is someone seated behind a computer, these black hat hackers also seek alternative methods to break down systems, such as cracking passwords and engaging in forms of social engineering to mislead victims, making them part with confidential personal details or sensitive organizational information. Furthermore, in recent years, they have stepped up attacks on networks that contain personal information such as the Social Security, bank account and credit card numbers of millions of people and businesses.
The situation being such today, the need for Certified Ethical Hackers (CEH) has increased by leaps and bounds. These cyber professionals have obtained legitimate certification to assess weaknesses and vulnerabilities in computer systems. Their expertise is in assessing the security of computer systems, using the same knowledge and tools used by a malicious hacker, but in a legal and legitimate way.
The International Council of Electronic Commerce Consultants (EC-Council), headquartered in Albuquerque, New Mexico, the leading global information security certification body, defines an ethical hacker as “an individual who is usually employed with an organization and who can be trusted to undertake an attempt to penetrate networks and/or computer systems using the same methods and techniques as a malicious hacker.”
As Delaware’s Chief Security Officer, Elayne Starkey, who hires ethical hackers for regular penetration testing, said, “It’s peeling back the onion. We’re challenging the company to do what any competent hacker would do, to try to break into our systems.”
Hackers and cybercriminals are becoming savvier by the day as technology develops, and are consistently scanning computer networks, seeking out vulnerabilities. Therefore, a priority for ethical hackers is to seek out the vulnerabilities of an organization’s computer system.
So what are the responsibilities of ethical hackers?
An ethical hacker will –
- Scan the systems of an organization seeking vulnerable open ports. Upon discovering an issue, the ethical hacker studies the port to understand possible threats it could face, and resolves it to prevent possible attacks in the future.
- Will dive deep into the network, searching every corner, overturning digital trash bins to find deleted chats, passwords and other critical information that make an organization vulnerable to an attack.
- Will examine patch installations to ensure they are current
- Will also focus on helping resolve issues relating to online employee fraud and the theft of systems or laptops.
- Will attempt to dodge Intrusion Prevention Systems, Intrusion Detection Systems, firewalls and honeypots to ensure everything is working properly to protect the system.
- Will check for sniffing networks, cracked wireless encryptions, hijacked web servers and hijacked web applications. If such instances are uncovered, the ethical hacker’s responsibility is to fix them.
As Missouri’s former Chief Information Security Officer Michael Roling, once said, “The bad actors are coming after you either way. So, if we can get the white hats on our side, that’s a good thing.”
The modern landscape of business is one that is becoming more and more digitally inclined as the days go by. To a point, this was always an inevitability, but it is more prominent a fact than it has ever been. This is the way that goes today. Widespread digitalisation and technological advancement is all about taking life as we know it to the next level effectively and proactively. Today, practically every aspect of life as we know it has been transformed in one way or another through these great modern marvels. Of course, this includes the landscape of modern businesses in the ever-evolving digital era.
In the landscape of business, that revolution comes in the form of various digitally inclined innovations. The way that businesses operate today is largely, if not entirely, evolving to become more reliant on ongoing advancements in digitalisation and technological advancements. Ultimately, what it all comes down to is that businesses today realise that there is an inherent value placed upon realigning to function in collective harmony with the way of the modern world today.
The modern landscape of business is driven by tech
Today, technological advancement and enhancement plays a more instrumental role in modern businesses than ever. The evolution of the professional landscape has steadily gained more traction over the years – especially in recent years. Modern consumers expect the businesses that they give attention to, to function and thrive in alignment with their own expectations at home and in their daily lives. So, businesses have resigned and embraced these ideals, willingly (or begrudgingly, in some cases) working towards becoming digitally focused and pronounced. Today, the modern landscape of business is driven by technology.
Business technologies that focus on user experience
Making the user experience for motions like loans and the like is just one of the many applications of digitalisation and technological advancement in the professional (and personal, for that matter) landscape. However, it is also one of the most exceptional examples out there. Whether it is digitally streamlining the process of Credit Raters, or automating loan updates for applicants and banks alike, the whole point is that this branch of business technology is one that is transforming the ease and efficiency of the loan process for individuals around the globe. More than ever, this is the time for ongoing evolution and exceptional strength and understanding for the processes as they continue to unfold.
The surging popularity of business technologies
Business technologies are paving the way for a more convenient and efficient future for the professional landscape as well as the businesses that function and thrive within that landscape. As businesses across the board and around the globe continue to realise more and more that there is a definitive necessity for digital inclination in the modern world. The surging popularity of business technologies is steadily becoming more finely tuned and more pronounced all the while. This is where business technology genuinely takes flight – and it is where it continues to evolve.
The landscape of business is one that is always shifting on its axis. There is never a dull moment in this professionally clad industry. The landscape of business is always changing because, like it or not, the world around it is always in a state of constant evolutionary progress. This is the way it is. It is the way it has been for quite some time. And it is the way it will continue to be for the foreseeable future (and well beyond, for that matter).
For modern businesses (and future businesses), there is something important to be said about embracing the concepts and ideals that are set to propel the business model further and further into the realm of longevity and success. More than anything else, this is of fundamental importance. It is the most important point, and it always will be. Today, the concept that businesses must embrace is that of ongoing technological influence in business.
Introducing technological advancement to business
The introduction and ongoing advancements of technology in business is a point that has gone from strength to strength in recent years, as well as proving itself time and again to be an exceptionally powerful and fundamentally successful next step in the business landscape’s evolution. There is a lot to be said about the relevance of technological influence today, because more than anything it is a relevance that continues to prove its value.
Quite simply, technologies are so valuable for business’ around the globe because they introduce more convenient and efficient approaches to set business methods and models. In short, this has positively transformed the way that businesses operate from the inside out, for the better (for the most part). Never before has this been so evident, and never before has this been such a celebrated reality.
How technologies are changing the game forever
If convenience and efficiency are the aim of the game (and they should be, realistically), then rising business technologies are meeting and even exceeding those aims head on and with exceptional prowess. Whether it is sorting out business energy bills or automating key processes and systems within the business, the point is always that technologies are framing exciting and fresh ways for businesses of all backgrounds, shapes, and sizes to make their mark and prove their worth.
What we can expect going forward
At the end of the day, the advancements of technological influence in modern business are not going anywhere anytime soon. In fact, it is likely (if not certain) that these modern marvels are not only not going anywhere now, but are likely to never dissipate. Moving forward, there is a lot more where all this came from, and the best is yet to come. What we have seen thus far has been inspiring, and what is still yet to come is entirely and without exception, a testament to the power and promise of embracing and embodying new ideals in alignment with tried and tested concepts.
Whether you own a business or are a salaried worker, you might want to increase your cash flow due to financial pressure or future ambitions. Perhaps you’re living paycheck to paycheck and you want to change that. Maybe you want to save up for your child’s education or your retirement fund. Here are eight ways you can improve your cash flow, regardless of what country you live in.
1. Cut Down on Your Expenses
If you’re buying bubble tea or hitting Starbucks every other day, and paying for a gym membership you don’t use, it might be time to think about which expenses you can cut. Figure out your bare minimum for your monthly expenses. By cutting out excess spending, you can save a lot!
2. Boost Your Income
If you find that you cannot cut down on your expenses, one of the best ways to increase your cash flow is to increase your income. You can increase your income with a promotion, a side hustle, or a part-time job. Bringing in more money is much easier than cutting back on your expenses because you don’t have to change your lifestyle drastically.
3. Lease Instead of Buying
Leasing a place, equipment, or supplies might seem counterintuitive as it is generally more expensive, but since you pay in small increments, you don’t have to worry about cash flow. It makes little sense for you to pay the full price if you don’t use the object long term. If the object is something you need constantly for the foreseeable future—for example a vehicle to get around—buying it would be more sensible. But, don’t make the purchase outright. Take out a loan whenever you can.
4. Apply for a Loan
If you are planning to get a place of your own or a car, you can opt for personal loans. Personal loans can help you financially, especially when you are not in a place where you can buy a house or car outright. Only about 0.6% of the world can buy a house or car outright. It is also helpful to those who do not meet the requirements of getting a car loan.
5. Use Credit Payments Wherever Applicable
Credit payments are fuss-free, short-term, small loans that will buy you a month’s time before needing to make payment, effectively increasing your cash flow temporarily. You might receive cashbacks and other bonuses too, just make sure you pay on time.
6. Invest in a High-Interest Savings Account
Unlike investing in stocks where there is high risk, or a fixed deposit where you cannot touch your funds for a fixed period, a high-interest savings account will keep your money safe. While the interest may not be significant, the increases are stable and constant.
7. Pay Your Debts
The thing with financial institutions is that they earn when you don’t pay on time. Look at your credit card bill, your leasing contract, and your loans. if you pay on time, you won’t accrue as much interest which is what they want. Create a habit of paying on time.
8. Find and Fix Your Budget
Take everything into consideration and make a list of your expenses, such as internet and phone bill, groceries, loans, rental—all the things you need to survive. Try your best to stick to that budget and keep every extra cent in your savings account.
The global finance industry is one that is always flourishing and thriving, moving onto its next iteration. Now, we are in a place where digitalisation and technological advancement are positively transforming the industry from the ground up (as has been the case with practically every other aspect of modern life, every industry around the world). The finance industry was not the first industry to be given this modern transformation, but it is definitely now one of the most highly impacted of them all. Financial technologies (or, fintech) are well and truly in full effect now, and the entire finance industry is being positively revolutionised as a result.
And while the introduction and ongoing expansion of fintech solutions has been challenging at times, and riveting at others, it has more than proven its ongoing value. Now, the finance industry that we are all comfortable and familiar with, is one that has been paved with innovative measures from all angles. This new era in finance is one that is not only modern, but exciting, positive, efficient, and reliable. This is the type of finance industry that many people once thought was not possible in reality, but it is finally here. It has taken a lot to get us to this point, and it is an ongoing process. But alas, here we are. And here is the journey.
Digitising an industry that has always been data-driven
Perhaps the most data-driven industry in the entire world, finance was not one of the sectors that was deemed most in need of a modern digital revitalisation. This is an industry that literally revolves around numbers and summation. So, when technological advancement began to evolve into a mainstream innovation, changing entire industries and aspects of modern life forever, people did not necessarily think that finance was going to be an industry that received much revitalisation (if it received any at all). As recent history has proven, they were very much mistaken. And this is just the beginning of fintech domination.
Technological advancement finally finds the finance industry
When technological advancement first made its way into the finance industry, it was making seemingly small changes. Consumers could access their bank accounts online, via websites and mobile applications, making handling everyday finances a lot easier. Then came the advancement of immediate international transfers, which has profoundly changed accessibility forever, in the best of ways. And now, every facet of the finance industry, from bank account openings and loan applications, to privacy and security (and everything in between) has been, or is in the process of, being technologically transformed.
Technological disruption in finance is just beginning
Whether it is financial loans, transactions, or tax issues, or even something like the ongoing negotiation of a Part 9 debt agreement (to name a few examples), practically every aspect of the finance industry is being fundamentally transformed through the introduction and ongoing advancement of the technologies that seek to make it an even more convenient, efficient, and reliable sector. While some people have argued that there is only so much more technological advancement can achieve in an industry that has always been centred around digitalisation, there is almost certainly a whole lot more to come. This is just the beginning.
The modern landscape of business is one that is always shifting. Like any aspect of life in this modern era surrounded by digitalization and technology advancement, the professional landscape that is modern business has shifted dramatically in recent years. We have seen a tremendous outpouring of growth and elevation in the modern business error, and a lot of it is largely thanks to the technologies that have come into being and completely revolutionized business as we know it from the ground up. In fact, business technologies play more of an instrumental role than they ever have. And more to the point, it is a role that is continuing to become more important as time goes on.
Today, there are several business technologies that are making their impact and revolutionising the way that modern businesses function and thrive from the ground up. The simple fact is that business technologies today are not only available but are widely applicable and almost necessary in every business, no matter the industry that business belongs to. Business technologies have made a phenomenal impact already in such a short time. The most exciting part of all this is it is just the beginning. The best is yet to come and we are yet to see business Technologies come even close to reaching their peak ( if that even exists that is).
The introduction of business technologies
The business technologies that are changing the way of the world have only been introduced in the last couple of years into businesses around the globe and across different industries. The introduction of business technologies into businesses of all backgrounds, intents, shapes, and sizes is something that a lot of people thought was going to be a passing trend. However, they have since proven themselves time and again to be timeless additions to the landscape of business. More than ever, business technologies are more prominent in the workplace and they are beginning to become more and more so as time goes on. Again, this is just the start.
How these technologies are shaking things up
Technologies in the workplace have made a phenomenal impact already. Whether it is the technology that creates the hot water dispenser that pairs perfectly with the coffee maker in the office kitchen, or the automation and AI tools that are changing the way that businesses operate from the ground up and the inside out, these technologies are making her impact and proving their value time and again. As a result, the modern workplace has become more and more reliant on these business technologies – to the point that there is no going back now. Even if we could go back, it is unlikely that we would want to. Modern business is more convenient and efficient than it has ever been, and that is largely (if not entirely) thanks to the technological advancements that are revolutionizing modern businesses from the inside out.
Business technologies are no longer luxuries
At the end of the day, the simple fact is that business technologies that were once massive deals are no longer luxuries. Instead, they are necessities that practically every business Incorporated into its methods and models. No longer luxuries, business technologies are becoming essential instrumentals that form the foundations of businesses across various Industries and around the globe. This is the dawn of a new era for business and it is an exciting one that is full of hope and promise for what is to come next. Stay tuned.
Traveling used to be an escape, a way for people to get a change of scenery from their normal lives. There is nothing at all wrong with working towards a holiday, but the rise of the internet and the global connection that has come with it, has meant that more and more people are gravitating towards a relatively new concept called digital nomadism. The appeal is easy to understand: instead of having to seesaw between working chaotically and taking a much-needed break to see a new part of the world, individuals are now combining the two aspects of life and becoming digital nomads.
Essentially, a digital nomad is an individual that travels the world while simultaneously working, forging a career for themselves while at the same time getting to explore the ends of the earth. This unique life balance is quickly becoming a phenomenon. It used to be that individuals were forced to choose between forging a thriving career and traveling the world, but the rise of the digital workplace has brought with it an increase in interest in working remotely. There are a lot of moving pieces to consider, such as organizing travel to your “office” (see coffee shops, shopping centers, and libraries), or getting the right visa for your destination country. There are three sage pieces of advice for all those who are considering kick-starting a career as a digital nomad.
Figure out a career move – even if only a few steps
Becoming a digital nomad is easier than ever before, but that also means that it is quickly becoming more competitive as the allure around the concept takes flight and reels more people in. It (literally) pays to figure out your big career move – even if it is only the first few steps – before moving, or as soon into the experience as you can. The reason for this is simple: having active goals and a plan in motion makes it easier to know where to go and which paths to take to get there.
Think about the lifestyle you want to achieve
There are many destinations that offer up both exciting natural wonder and the chance to work remotely. From remote Southeast Asia to the bustling cities of Europe, there is something to be seen and done practically anywhere in the world. Where in the world you choose to set yourself up to begin your career as a digital nomad depends entirely on the kind of lifestyle you want to achieve. Remote working is changing many different aspects of life. With the opportunity to be anywhere and live a sustainable life means working nomads naturally meet new and interesting people, it’s how fiance visa couples meet. Along with the rising trend of remote working opportunities, we’re seeing a change in demand on migration-related statutes and services such as migration visas of all types, worldwide insurance cover, shipping and transport services. It is a circular economy, as more people work remotely the more they rely on such services, and as more services cater to the rising demand more people are enticed by remote working.
Remote working, however, can take any form. For example, if you want to live the high life, then Europe is probably more your style. However, if you would like to explore the hidden gems of Asia, then Vietnam or Laos is a better fit – at least to begin with. The beauty of remote work is that the world really is your oyster, and as long as you have enough income to move from place to place (and be comfortable), you can go anywhere, any time.
Be prepared for anything
Traveling is always an adventure – the whole point of seeing the world is to experience it in all its wonder and grace. But something that a lot of people have a tendency not to place much importance on, is how unpredictable long-term travel can be (particularly if you plan to work and travel simultaneously). Organize the right travel visa (if applicable) because there is nothing more off-putting than realizing you aren’t supposed to be there. Additionally, get travel insurance, make copies of all travel documents as back-ups, and then enjoy the ride! Welcome to the wild side.
Every year, technology advances and shifts, always propelling the world forward at higher and faster rates. There is not an industry or facet of modern life around these days that has not been affected by technological development and advancement in some way or another. Websites on the internet go through the process of undertaking a hosting uptime and speed test, mapping and designing their web space, and then maintaining and evolving to become a million times what the concept it was derived from. We now carry tiny computers in our hands that can do anything from sending photos to millions of viewers, to sending messages to the other side of the world in milliseconds.
The very cars we drive around in – and all modes of transport, for that matter – are in the process of going electric. And all of this is driving down costs, creating competitive offerings and disrupting slow to change industries. For example, at the cross-section of car electrification, better privacy and security technology and more automated software is the auto insurance industry. Though things have not changed in a while, we are now seeing a massive shift towards extremely competitive auto insurance prices that could not have been availed before these key tech ingredients came together.
Everywhere you look, technology is present. Each year, certain types of technology break into the market, becoming full-blown crazes that either sink or swim over time. This year, we saw the rise in popularity of the virtual home assistant (think Amazon’s Alexa or Google Home), VR gaming, and further developments and initial testing of electronic vehicles in motion. In 2019, there are three technological advancements that are sure to send waves of excitement and innovation barrelling through the planet.
3D metal printing
The whole world is changing, and the industries that have yet to adapt wholly are bracing for impact. For industries that rely on large-scale warehouse productions to make quality products for the many people, the evolution and implementation of 3D metal printing is going to be the big game-changer. The concept of 3D printing is not necessarily new, but 3D metal printing is (at least, it is to the public). Using a 3D printer, small and medium-sized businesses will be able to produce their products with astounding clarity and excellent quality, eliminating the necessity of hiring out a warehouse and employing tens, even hundreds, of employees to create their products. The most important result of this is that it will cut costs dramatically, meaning that 3D metal printers are likely to be a hot commodity.
Blockchain-based identity and privacy
With the significantly speedy growth of the internet came the inevitable increase in data breaches and digital risks. While it is widely agreed that this result was inevitable, it is a testament to the fact that new ways to identify and protect identity and privacy must be discovered and worked towards. Blockchain-based identity and privacy is arguably the strongest candidate for the role. At its very core, blockchain is designed to provide users with fast, efficient, and incorruptible records that are encrypted, making it easy for them to be verified while remaining safe and secure online. Blockchain-based identity and privacy could well be technology’s answer to the modern identity crisis that has resulted from increased reliance on the technology of the internet.
Artificial Intelligence advancement
AI is a concept that has, until the last few years, largely been nothing more than the stuff of entertainment blockbusters, a concept designed to intrigue people about a future in which humanity forges machine to enhance their reach on the planet. Now, AI is anything but a fictional fundamentality. While we are already seeing the initial beginnings of AI implementation across the board (think chatbots and virtual assistants), 2019 will see the further development and subsequent advancement of the technology, with AI being introduced into the home, the workplace, and general life in more inclusive ways, including (but not limited to) wholly connected smart homes.