8/5/22, 10:54 AM
Technology Terms that all Entrepreneurs Should Know | Jamil Geor | Technology
a Technology Terms that all Entrepreneurs Should Know by jamilgeor | Aug 5, 2022 | Jamil Geor, Tech, Technology
As a small business owner, it’s important to be up-to-date on the latest technology trends. However, with all of the new terminology being thrown around, it can be difficult to know what’s important and what you can ignore. This article will discuss some of the most important technical terms that every entrepreneur should know. By understanding these terms, you’ll be able to make better decisions about using technology in your business and stay ahead of the curve! The first term to discuss is “cloud computing.” Cloud computing is the ability to access data and applications over the Internet instead of having them stored on your computer’s hard drive. This is a great way to save space and money, as you don’t need to invest in expensive hardware to store your data. Additionally, it’s easier to access your data from anywhere if you have an Internet connection.
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8/5/22, 10:54 AM
Technology Terms that all Entrepreneurs Should Know | Jamil Geor | Technology
Another important term is “big data.” Big data refers to very large data sets that can be difficult to process using traditional methods. However, with the right tools, big data can glean valuable insights about your customers and business. For example, you could use big data to track customer behavior patterns or find new trends in your industry. Moreover, “IoT” or the “Internet of Things” is a term you’ve probably heard before. IoT refers to devices connected to the Internet, such as smart thermostats, security cameras, and even some vehicles. By connecting your devices to the Internet, you can collect data about their use and make changes accordingly. For example, you could use IoT data to improve your energy efficiency or make your products more user-friendly. Finally, we have “blockchain.” Blockchain is best known as the technology behind Bitcoin, but it has many other potential uses. Essentially, a blockchain is a digital ledger that can track transactions and store data. The big advantage of blockchain is that it’s very secure, as it’s difficult to tamper with data once it’s been added to the blockchain. This makes it ideal for tracking things like financial transactions or sensitive information. These are just a few technical terms that every entrepreneur should know. By staying upto-date on the latest trends, you’ll be able to make better decisions about using technology in your business. Additionally, you’ll be better prepared to understand and utilize new technologies as they become available.
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Technology Terms that all Entrepreneurs Should Know | Jamil Geor | Technology
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