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Month: May 2022

Futuristic Technologies You Should Study in Your Masters Degree

Technology is evolving faster than ever before and is undoubtedly going to radically change the way we do everything in the future. We might not have flying cars and ships like shown in Sci-Fi Hollywood movies, but there are plans for everything you can think of, starting from complete self-driven vehicles to inhabiting Mars, and doing all our tasks through artificial intelligence. But what technologies you could choose to study in your Master’s degree to add your contribution to bringing these dreams to reality?

In this article, we will discuss some of the emerging futuristic technologies that will transform human society. We will also suggest some global universities where you can pursue your master’s degree with these technologies to become a part of the change.

Blockchain – The Future Tech for Information Security

Blockchain is a trending tech popularly known for its use in the cryptocurrency industry, with Bitcoin and Ethereum taking the lead. A blockchain is an online distributed system of transactions, that leverages encryption and peer-to-peer network to secure transactional information.

In this system, the information is collected and encrypted in blocks, which are inter-linked – that’s where the name blockchain comes from. This disruptive technology makes it impossible for hackers to steal information or modify information in a single block, as it would affect the rest.

Blockchain can also be used in securing real estate transactions, medical records, and information related to voting, elections and taxes. This technology can tremendously help in eliminating digital corruption.

If you’re aspiring to have a great career in blockchain development or passionate about the applications of blockchain, here are some universities to consider for your studies.

    • University of Nicosia, Cyprus
    • EU Business School, multiple locations
    • GBSB Global Business School, multiple locations

Self-Driven Vehicles and Drones – No One will Need a Driver
Brands like Tesla, Apple and Google have been working on self-driving vehicles for years. Tesla has even introduced some that can drive with partial human intervention. Pizza giant Domino’s is already testing its self-driving delivery car in the US. If that is not amazing enough for you, take a look at the Amazon Prime Air delivery service, that uses autonomous drones.

If you are passionate about Artificial Intelligence and autonomous driving, here are some of the universities you can join to learn how to do it:

    • Aston University, the UK
    • Tilburg University, the Netherlands
    • ESIEE Paris, France

The Array of Things (AoT) – The Future Manages of Cities

An AoT is a network of sensors that gather data used by scientists or policymakers to enforce appropriate policies and changes to solve different problems in a city. All the collected data reveals diverse patterns. The refined information is then uploaded on a portal that’s accessible to everyone: students, businesses and public institutions. Finally, application developers can leverage the data to create new apps and solutions that can help resolve the existing problems. This technology has tremendous potential, and Chicago is the first city to implement it.

This multidisciplinary field gives you numerous career opportunities. Some of the areas for study under this domain you can choose from are – Electronics & Embedded Technology, Data Science & Big Data and Public Policy. Here are some of the best universities for degrees related to the Internet of Things and Array of Things:

  • EURECOM – Graduate school and Research Center in Digital Science, France
  • University at Buffalo SUNY, the US
  • University of Turku, Finland

We are moving towards an age where technology will lead in meeting all our requirements and overcoming all our challenges. It will also create new job opportunities. Choose a career in these technologies mindfully and join the bandwagon to leverage these technologies to make our lives and societies better.

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Five Realistic Tips for Start Up Success During these Turbulent Times

Yes, you can set up your start up and achieve success even in these turbulent times – if you start right, go in the right direction and identify the right people tools, technology and partner.

If you have confidence in your small business idea, now is the right time to leap into entrepreneurship. It’s crucial to consider the economic climate of your country as well the world when outlining your business plan. So, how do you start your business and achieve success on the heels of a global pandemic?

In 2021, around 75.5 million people quit their jobs as part of the ‘Great Resignation,’ says Forbes. Some people quit due to health concerns, others left because of their bad management, but a record number decided to start their own business. With a strategic and well-thought-out business plan, you can harness your passion, establish a business, and attain your goals during these turbulent times.

Begin with a Solid Plan
A good plan is the foundation of a good company. A new small business can create great value in niche markets that bigger companies don’t serve during the COVID era. So, find your niche and start drafting the plan strategically. Your plans should include both your short-term and long-term goals. While your short-term plan should chalk out what and how you are going to do in detail, the long-term plan should focus on growing your start up steadily and quickly.

Don’t Underestimate the Power of Networking
Professional networking is the way ahead. Start strengthening your professional connections because your network will help push your business to the next level. Word-of-mouth promotion has never been stronger and more effective. Today, around 88% of people trust online customer reviews just as they trust suggestions from family and friends. Networking also helps you attract the right talent to your team. So start building your online network for all the right reasons.

So how do you start networking?
Begin with strengthening your LinkedIn profile and joining relevant groups there. Also, try to attend dedicated networking events in-person in your industry.

Go Digital

In today’s hyper-competitive digital world, it’s nearly impossible to start and grow a business without establishing a solid online presence. Lakhs of businesses closed for good during the pandemic, but many flourished by concentrating efforts on building their robust online community. During such an online boom, startups must find and leverage the right digital tools and technologies to thrive. Take advantage of digital marketing, social media marketing and content marketing techniques to reach the right audience at the right time through the right platform. Email marketing is another reasonable yet rewarding tool to explore.

Be Trendy

To stay ahead of the curve, you need to constantly pivot and keep up with the latest trends in your industry. There are thousands of companies that go extinct just because they failed to keep up with what was trending in their field. Make sure that you’re constantly studying your competitors’ moves and keeping up with the trends. Don’t react to every change, but very strategically react to the right changes.

Invest in Your Future

As your startup begins to be matured, you’ll have to shift focus to its expansion and long-term growth. You’ll need to prepare your organization and employees to scale up operations, which often demands the help of external agencies, as you can’t set up internal teams for each and every requirement. At this stage, you should consider hiring professional service providers to meet your additional requirements and tie-up with business leaders to guide your organization in the right direction.

The key to success is ‘adapting to change,’ and the pandemic is no anomaly to this. Entrepreneurs that want to succeed have to be very adaptable to change, maintain a healthy balance, and be surrounded by the right people. Even with these effective tips in place, there are never any guarantees of success. Startup failure is extremely common, but by adopting these strategies, you can increase your chances of success.

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