While searching for tech trends and investments opportunities I discovered an article from Deloitte Insights about the technology growth in unstructured data. Unstructured data is essentially chaos, but if you're able to show relations between data elements, it's no longer unstructured and helps build a better picture of what's occurring. Commodities make a good example. Analyzing wheat yields without rain fall or soil erosion factored in, leaves a lot of questions when interpreting results. By adding more variables to the equation, the results are calculated with greater accuracy. Tapping into this vast amount of information that is becoming available from everywhere on the web, dark and deep web included, (data that is not currently included or information sitting idly), analytics experts can gain much greater insight into customer behavior and market movement.
The explosive growth of IoT (Internet of Things) is expected to surpass 44 Zettabytes in 2020. That's 44 trillion gb of information, which is 10 times more than today, and hopefully will be used to make better decisions (before the AI bots make them for us). Read the full article at Deloitte Insights for more information.
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If you haven't already discovered TED.com it's a must read website and I would put it at the top of the rotation of the sites you frequent. TED is a nonpartisan nonprofit devoted to spreading ideas, usually in the form of short, powerful talks. TED began in 1984 as a conference where Technology, Entertainment and Design converged, and today covers almost all topics from science to business to global issues, and in more than 110 languages.
The foundation was established by publishing entrepreneur Chris Anderson and provides a platform for thinkers, visionaries and teachers, so that people around the globe can gain a better understanding of the biggest issues faced by the world creating a better future. TED's core goal is a belief that there is no greater force for changing the world than a powerful idea. Be a part of that mission or just learn from the world's best.
I was introduced to TED by a business partner years ago and have benefited from the talks and key insights contributed from many of the unique presenters. Sites like TED.com are what make the internet great (cat videos aside) TED is the one site where your post graduate education is nourished and you gain from the experience of many great minds. Without further adieu, check out TED.com.
I keep an eye on web traffic coming into all of my sites and my clients' sites. Since the World Cup in Rio last summer, I have notice a sharp increase in the volume of traffic from South America. I didn't think much of it at first thinking it might have been stemming from the few posts I made rooting for the Netherlands team, but the numbers from Brazil remained high. Last week I had to take closer notice the volume coming in from Sao Paulo exceeded the what I was receiving from the United States.
In the domain industry there's a lot of discussion about Chinese domain names and the size and potential of China's market. I don't qualify as a player in the industry. There are fish, big fish and whales. On the scale of things, I'd be less than one plankton, just a single celled amoeba eeking out a living. As large as China is, I don't see a lot of traffic emanating from them. Very well could be I don't have the domain names that would attract their attention, but even on client domains that might, I don't see anything that significant from them at all.
Traffic from Sao Paulo was closer to 5 percent above the US traffic volume. Drilling through the analytics, best I could determine is strong interest in technology. Did you know Sao Paulo is the world's 4th largest city? I have heard of Sao Paulo, but had no idea they'd have so much going on and new tech growth. Take a fresh look at Sao Paulo, they're already the next big thing.
Several articles came out about US Marshall's using small aircraft to gather data on all US citizens and that's it. There's no follow up, no more that will come of it and the data mining will continue unabated. Steve Wozniak, co-founder of Apple said years ago that privacy is dead. And, to my surprise it went with out a fight or even the smallest hint of a protest.
The right to privacy is one of the fundamental rights in the Bill of Rights, actually it's number 6 on the list of 10 rights that were so important they were added to the Constitution. Except for a few articles, from the Wall Street Journal to Fox News, it doesn't even make the nightly news. Is it that people just don't care, is it a trade off for keeping law and order among the masses? Or is this incident just one of the many ways that our freedoms are rapidly eroding? What happens when you act outside of your profile? How many alarm bells ring then?
Read the full article on TechNewsWorld.com.
2023 WTF - What's The Future
Future predictions are often made from technical analysis, which is more or less mapping past behavior to numerical values to provide direction over time. Consider that everything is in a constant state of motion. Motion in this sense in the flow of money, where resources are being placed and reallocated from.
As a simplified example, let's compare money and water without all the complexities. The amount of water on the planet is always the same. Sometimes it's stored in lakes, reservoirs, oceans, people, crops, but there's always the same amount of water on the planet. You can't destroy it, you can pollute it, clean it, and what evaporates here ends up as rain somewhere else. Glaciers melt, oceans rise etc, but still the same amount of water exists.
The supply of money is much more complicated, but this is a simple example. When I hear that money was wiped away or billions lost from various investment vehicles, most of that growth was fictitious to begin with, sinking below initial investment levels to actual value is the real loss numbers and those dollars end up being reallocated just like water. Crypto was and is a Ponzi scheme. And, those base crypto investment dollars have resurfaced as luxury homes, vehicles, lavish lifestyles by the people who got in at the beginning. Sorry to those of you who lost and thought this was a way to get rich quick, i.e. get something for nothing, but nature has a way of balancing the equation. Money flowed into these investments, but that doesn't justify the value of them. A stock with a P/E ratio of 2000 times earnings is a mistake of the same sort. Long way to a point, but follow the money and make sure your future investments are backed by solid principals.
The future holds a correction in the markets and in so many other areas. Gartner forecasts IT spending to grow 5% overall in 2023 with 11% placed in software development. Read the article here and decide where and why to put your development resources. Domain names are the cornerstone of developing a new company, a new brand, product line or income stream. Get the best names while you still can.
Many online businesses have been thriving throughout the pandemic, some have had an unprecedented 2nd quarter. How? The answer is simple, they have mastered the art of the UX (user experience). Evaluate your sites whole UX and ask these 10 questions about your site from Medium.com. I'd add credibility to that list and that begins with your domain name. The article is from 2018 and is every bit as relevant then as it is today.
For the DNN platform there's an upgrade for the developer's UX too with Vanjaro.com from Mandeeps.com. When you design all day, what you experience matters. The new UX is comparable to Wix, SquareSpace, and Weebly. Featuring a Drag & Drop Live Editor, Responsive Editing, Automatic Revision History, Workflow Management, and in context, user aware, centralized site administration and it's open source. Vanjaro.com is compatible with custom DNN Modules, (including XMod Pro) and hundreds of existing solutions on the DNN Store.
The experience is the journey. Make it better and make more sales.
Even with a busy schedule I try and keep an eye on movement in the tech industry. Where money is being placed shows the direction of the market and what the results of all these industry gurus research and decisions are being backed by speculation. Follow the money and you're following the end results of all these great minds. In an article on SIIA.net there's a comparative breakdown of the last three years worth of investments in different sectors of technology that leads in with some analysis on Q1 2018. Out of the gate, 2018 is up 124% compared to 2017 and the money is on tech enabled services up 207%. Marketing, analytics, database and information services have unprecedented increases.
With stronger consumer confidence the market outlook for technology related goods and services is very healthy, as a consequence advertising and marketing via tech soars along side. Seems obvious to those involved with technology that this isn't going anywhere but up. Take a read through the numbers, what they mean is a future more interwoven with tech than anyone can imagine.
The article is from Matt Kinsman, former vice president at Connectiv now at Accruent.com citing info from JEGI.com.