The language of technology is different when comparing it to any foreign language. As technology changes, so do the business models and behaviors that are associated with them including the words and the language we use to describe things. One of the nice things about working in the IT is that everyone speaks the same language. And you don’t have to be a linguist to do your tech talks right. But when you’re going home and meeting your family, then your language may need to change a bit. Checkout a list of some of the tech words that you can explain to your family if they want to learn more about the area you’re working in.
Virtual reality (VR)
When you put a special set glasses or goggles on over your head, such as Oculus Rift, or Samsung’s Gear VR, or devices based on Google Cardboard, you can see something that realy isn’t there. If what you see is 100% computer generated, then you’re experiencing some virtual reality.
Most of such googles are capable for showing video. Most of the content that is created for such platforms is available with 360-degree video. Most of these videos nowadays are just a flat moving image, but some of them can be a great example of the new 3D videos that show some depth to the image.
Internet of Things (IoT)
The Internet of Things is a concept that describes our future, where everyday physical objects will be connected to the Internet and be able to communicate with other Internet-enabled devices, computers, and systems. The IoT is so important because an object that can represent itself digitally becomes something greater than the object by itself.
Someone who lives in different locations at different times is simply a “nomad”. But a “Digital nomad” refers to a person who becomes “location independent”, this means a person can live and work abroad because their work can be done over the Internet. In the past, it was quite rare to work outside the office as the Internet wasn’t so widespread. Nowadays people work on their smartphones, tablets, and laptops from anywhere where there is an Internet connection.
Bio-wearables are devices that can be used by consumers to collect and report data from their bodies. It can be an under the skin chip that is collecting and reporting back on the collected data. Such bio-wearables could give real-time updates about diseases.
A/B testing is a method of comparing two versions of a web page to see which one performs better. You can compare two web pages by showing the two different variants to similar visitors at the same time. The page that gives a better conversation rate, wins. A/B testing allows you get a maximum benefit from your existing traffic.
A pre-IPO startup with a valuation of $1 billion or more is called a unicorn in Silicon Valley. But such startups are so rarely seen, that they’re called unicorns. According to venture capitalists and different reviews, nowadays there are at least 140 unicorns. Right now there is only one startup that is worth more than $50 billion – Uber, which is the only “Ubercorn”.
The blockchain is a transaction database distributed amongst computers as data flows from one node to another, creating a kind of a virtual “paper trail”. Most known for its connection with the cryptocurrency Bitcoin.
Internet freedom means Net neutrality. According to this principle, Internet providers and governments shouldn’t impose censorship on the network or slow down Internet traffic, but instead keep the Internet equal and high speed accessible to all countries and users.
People in technology, including IT specialists, tech executives, venture capitalists, tech journalists, and others have taken to talk about people who are not technical or not in the industry as “normals”. But the times are changing and now it’s difficult to imagine a person that is not interested in technologies at the least. So according to many opinions the term “normals” should be avoided in our modern tech world.
Data mining is a process used by companies to turn raw data into useful information. Data mining parameters include: association (identifying patterns where one event is connected to another one); path analysis (identifying patters where one events leads to another event); classification (looking for new patterns); forecasting (discovering patterns that can lead to reasonable predictions in the future). With effective data mining, businesses can learn more about their customers and develop more effective marketing and sales strategies.
Most of all of you have heard the word “drone” used to describe any remote-controlled thing that flies. But “drone” is accurately applied to any aircraft that can fly by itself and navigate using artificial intelligence. Actually it’s a reference to automation, not flying by remote control. None of the consumer devices are “drones”. A better term for consumer remote-controlled devices is “quadcopter” that actually refers to the number of propellers.
Machine learning is a type of artificial intelligence that provides computers with the ability to learn without being specifically programmed. The process of machine learning is similar to data mining, but machine learning uses the data to improve the program’s own understanding. Google Translate, Siri, and Facebook’s News Feed are good examples of a machine’s learning operation.