The rate at which new computer hardware products are arriving in the market is simply mind-boggling. As the technology advances, the size and the price of the devices come down, while the efficiency and capacity increase. The scenario is same in all cases, whether it is about internal components like processor, motherboard, RAM, graphics card, and hard disk or for peripheral accessories like mouse, keyboard, and monitors. Personal computers became popular only before about three decades back. But already there are huge piles of outdated and antique hardware components and devices. This is a tribute to the tremendous rate of development of latest technologies in computer hardware field. Perhaps, the newest entrant into the archeological catalogue of computer peripherals is CRT monitors. The sleek looking LCD monitors are spreading like computer virus.

Data storage devices have attracted considerable attention of the technology developers. New kinds of storage devices such as newer versions of flash memory cards, hard disks using latest technology and disks of ever-increasing capacity are the results of advancement in latest technology in compute hardware. The memory size of the random access memory (RAM) cards is soaring to enable the smooth functioning of graphics animation software packages and streaming video websites. Also, computer motherboards have undergone substantial changes over the years. More and more functions are being added to the motherboard. Also, despite the incredible improvement in performance and functionalities, the price of these components has actually fallen steadily.

The most vital component of a computer is the microprocessor. It is in this field that a battle of developing latest technologies in computer hardware takes place. The pace of development of microprocessor increases as the competition between the major processor chip manufacturing companies, Intel and AMD, intensifies. Both the companies are engaging in a neck and neck competition and continuously outdo each other in introducing new technologies.

In the field of computer peripherals, the latest technology in computer hardware is in developing yet another version of wireless mouse and keyboard. The concept of wireless mouse and keyboard is about a decade old. But the development of these items is still a work in progress. The latest products of wireless mouse and keyboard are said to be highly durable and error free.

Some of the developments in the latest technology in computer hardware are gearing up for changing the present concept of desktop and laptop computers. With new developments making possible the convergence of mobile phone technology and computers, a new breed of fully functional palm-top computers are going to be introduced in near future. With touch screen monitors and without the need for a mouse, these gadgets are likely to become the next big leap in the constantly leaping technological development field.

Are you ready for some changes in your business system?

More and more companies nowadays are faced with this very important question, as new and more advanced business applications are emerging: when is it necessary to purchase a new business application? Is it better to modernize a legacy (old) application or put new business systems in place?

Adopting new business technology is one of the important choices made by various industries to remain competitive. As more and more flexible applications are being introduced in the market today, you will find a lot of people testing newer business software that might just answer growing company demands for more efficiency in handling workloads. However there is a very big drawback to this.

If your company has been around for a long time, chances are, you might have already established a detailed listing of products, customers and employee data, as well as financial information in your business database. With the main focus on “integration”, the issue of compatibility will always be raised.

Would your old files or database be compatible with the new system? Or would the new system be able to provide the same level of flexibility should there be another change in business applications later on?

Clearly, these are some of the short term and long term questions that most IT managers need to address. Unless your company is a fresh startup and already adopting the modern business systems, questions as to its level of adaptability to newer technology will always remain an issue. Even for startup companies, just give your business applications 10 years at the most, and your IT managers will start asking questions about migration, compatibility, upgradeability and system flexibility in due time.

The better solution is to modernize legacy applications, into one which remains very compatible with the current business demands but can take advantage of current technology. Financial information and business data, regardless of the number of years in archive, still make up the company’s core business information. Modernizing legacy systems will not only help in keeping important business and financial information still relevant and up to date, but it can also help in providing a more agile option for a growing business to meet the ever changing demands of its industry and market.

Legacy systems or old business applications remain as risk factors in a business organization, given their inflexibility to “communicate” with today’s “interconnected” business technology environment. The World Wide Web has opened information-sharing tools that legacy systems may not be compatible with, thus lessening the ability of the newer technology to add value to the company.

Upgrading (adding to, rather than modernizing) legacy systems may not be a viable option, as the programming language used to create the system may no longer be supported by current standards and the programmer labor pool. Plus, the procedure may be time-consuming, and the whole process may just prove irrelevant because in the end, the benefit may not be worth the cost.

The choice is yours: either purchase a new business system and start translating or recording years of business data again from scratch, or modernize the legacy system and be able to easily adapt to current business requirements and standards without modifying or re-recording the existing business or financial information.

Technology has certainly made a lot of business processes easier for offices to manage these days. The many different technological developments, such as e signature software, have helped improve office work flow and provide more convenience for customers. Many other advantages and benefits are available for companies who integrate create digital signature choices and take advantage of other technologies in their operations. Although there are plenty of different programs and applications that companies can use nowadays, there is a handful that many businesses should certainly invest in. These products are generally must-haves in many different industries, saving an office’s time and money while improving the way work streams through the office.

These technologies that really save up on company costs cover a lot of different areas regarding business operations. They tackle plenty of different issues concerning many work processes, allowing businesses to better handle them with less time and resources. This provides a very efficient and cost saving alternative for offices that are not afraid to evolve and try new ways of handling their businesses.

It is also important for these businesses to be able to close deals and accomplish transactions much faster. The existence of brand new technology geared towards making this a possibility to businesses has certainly given companies the opportunity to take care of more client transactions and indirectly generate more profits. The ability to do a multitude of different tasks a lot easier, like signing electronic contracts for example, has definitely provided flexibility and convenience for both clients and companies. This allows all parties involved to agree in transactions much faster.

The development of e signature software is probably the biggest boon to offices in terms of technologies that promote cost efficiency. Businesses can simply create digital signature choices and use them for various different functions like signing electronic contracts and other documents. E signature software products make it possible for companies to handle many other tasks a lot more easily while providing just as much convenience for their clients. Companies and individuals can also create digital signature options and take advantage of how they can be integrated into other application products, making it a lot easier to handle electronic contracts and other document processes for various areas of work. E signature software products definitely make it easier for companies to close deals much faster, since the ability to sign electronic contracts now exists.

Cloud service applications are likewise technological products that help in saving money when trying to close deals with clients. There are many different areas that cloud services can affect positively and transform into more efficient operations, something that many businesses can definitely make use of and appreciate. Electronic contracts can also be handled through cloud services that handle sales and service, as providers utilize e signature software products in their own systems. What this does is allow companies and clients to accomplish transactions and close deals directly within a cloud.

There are plenty of other software products and other technologies that have made transactions a lot easier for all people involved. Companies should definitely try out these cost efficient new products and services to experience the benefits they provide.

It is very important to keep yourself updated as far as the technology is concerned. You should try to get your hands of the latest technology and gadgets as soon as they hit the market.

With so much of information available online, you might sometimes experience information overload. However, if you want some tech news then you must visit tech blogs regularly. They are the absolute choice when it comes to technological news. These blogs are credible sources of information and you can trust the information that is published on them. There are many good tech blogs that are offering quality and informative content to the readers. The bloggers who write the blogs are experienced writers.

Majority of the people surf the net as it a fastest, economical as well as a convenient option to seek information. Since technology is ever evolving, tech blogs and tech news have become a fad. Technology was one such sector that continued to thrive even during the recession days. Therefore, the demand for these blogs is continues to grow. Since everyday new innovations are evolving and new products are coming in the market, these blogs help to cater to the needs of tech fans. It is estimated that hundreds of tech blogs are added online daily.

You will find a wide range of information on them. Some of the most common sections that you will find them are breaking news, latest tech trends, products and technology reviews etc. Even the tech products manufacturing companies rely a lot on these blogs to promote their products and brand. The ads are placed on various strategic locations on the web pages of these blogs and they offer good publicity. Some blogs also take advantage by integrating their blogs with the various popular social networking sites like Twitter and Facebook.

So, if you are looking for some hot new tech updates then these blogs are one stop destination for you. From latest devices to latest virus updates to latest mobile phones, you will find everything on them. You can also check and compare the prices of various electronic devices on some of them.

A large section of people visit them just to have information on the repairs as well as maintenance of their appliance. The DIY articles that are there on these blogs are highly useful for the readers. Since the information available there is free, people prefer it more than any other form.

In an age of computers, gadgets, gizmos, cell phones, and electronics everyone wants to be the first to produce, own, or buy the latest technology. Just like athletes competing to be bigger, faster, and stronger we want our gadgets to have bigger storage capacity, run faster, and be strong enough to handle all of our technology needs.

For many people, having the latest technology is no problem. The newest cell phone came out; many will go out and buy it. A larger, thinner TV with a clearer picture just hit the shelves, get rid of the old TV for the bigger, better, newer version. However, technology changes so quickly that the average person is not able to always have the latest gadget or electronic the minute it’s available. One advantage to the ever changing face of technology, on the other hand, is that the older versions of certain gadgets and electronics become more affordable and accessible as newer versions are created.

So just what are the latest technology fads and newest gadgets that people just must have? It seems that most people are looking for the gadget that will make life easier. They want one gadget that will do more than one task so they can work on their multi-tasking skills as well. People want to be entertained, keep up with news, and write their grocery list all with the same electronic gadget. Another aspect people look for in the latest technology is the largest amount of memory or storage possible in the smallest, most portable container possible.

Take for example, the new iPhone and iPod from Apple, the latest technology in cell phones. At the very least, it is of course an electronic gadget that makes phone calls. But it also acts as an electronic photo album, PDA, computer, game system, camera, video camera, and any other tool or gizmo you can think of all rolled into one small, sleek looking gadget that everyone wants to have. The must-have iPhone allows the lucky owner to basically take care of all of their daily appointments, calls, and tasks from one location. Although its appearance may have gotten smaller, the latest technology in cell phones has definitely gotten bigger, faster, and stronger.

When new technology comes out, does your heart flutter and you start to obsess about it? Don’t worry, you aren’t alone. There are so many new and creative technological innovations on the market these days, and it’s perfectly normal to want the latest technology. Here are some of the most common reasons people are always getting the latest and greatest gadgets.

1. New technology is fun to use. The interfaces are always so pretty and streamlined and efficient, and it makes the old methods seem clunky. It’s always fun to explore the brilliant ideas that have become reality and are in your hands. You will always get that little shock of surprise when you realize that the things you’ve always dreamed you could do are actually possible now.

2. Using the most recent technology gives you bragging rights. You feel like you’re on top of your peer queue when you’re the one that has the cutting edge tech and can sit in the coffee shop talking about all the new things your new device can do. You can even show off your devices and tell everyone how awesome they are.

3. Since the newest models are almost guaranteed to be thinner, shinier, has a brighter or larger screen, not only does the new technology look great, but it handles better too. This helps it fit in our pockets or purses for mobile devices and integrate more seamlessly into our homes for home technology.

4. Newer technology enables you to simplify your life in many ways by automating things you need to do and make it a lot easier to do a lot of other things. For example, mobile devices help you communicate with people and businesses from anywhere, and that makes it easier for you to use every minute of your day.

5. Most everyone gets an emotional high when they purchase new things and purchasing new tech is no different. It’s fun and exciting to come home with something in a shiny new package and look forward to getting to use it in the months and years to come. In addition, we love to give technology as gifts because we know that most people will appreciate having these items.

There’s a reason people stand in long lines to be the first to buy the latest technology. It’s because new technology is almost always better than the older technology. Therefore, when old technology wears out and needs to be replaced or when something unlike anything before comes out, it makes sense to get the best technology possible.

With the facilitation from the Indian government and the relatively aloof economy during the recession, the advent of various Fast moving consumer goods (FMCG) companies in India is being witnessed. The FMCG forms a concrete part of every individual’s life. The companies in India are in a forever race to upbeat their opponents. It may be the case of Coco- Cola versus Pepsi or Bournvita versus Horlicks. The companies are foraying into the Indian market with their products in order to tap the vast middle class base of India.

The major FMCG companies in India are planning to invest over Rs 1,800 crore (US$ 395.2 million) in the next few months. The FMCG intend to provide additional option to the consumer. Keeping the lead, Fast Moving Consumer Goods companies are also looking forward to spend upon research and technology (R&D), with Nestle, another FMCG major plans to invest Rs 230 crore to set up its first R&D centre in India at Manesar in adjoining Gurgaon district. Additionally the telecom sector major, Bharti Enterprises, plans to foray into the retail sector by forming a joint venture (JV) with the Del Monte Pacific arm, DMPL India, looking to invest Rs 200 crore (US$ 43.25 million). FMCG sector in India is witnessing large amount of investments from various countries. Also, the foreign FMCG companies find India as a suitable investment destination.

Furthermore, telecom sector in India is witnessing new heights with GSM operators adding a whopping 13.5 million mobile subscribers in August 2010 taking the total tally to 481 million subscribers. In addition, according to the Telecom sector authority, Telecom Regulatory Authority of India (TRAI), the wireless user base rose by 2.66 percent to 652.42 million in July 2010. The telecom sector in India has been recording new heights ever since the roll-out of the third generation (3G) services. Fresh impetus has been experienced in the Indian telecom sector with the operators of the telecom sector making inroads in the Indian market. Furthermore, the telecom sector is also witnessing new innovations and technology developments in reference to the mobile value added services (VAS) include text or SMS, menu-based services, downloading of music or ring tones, mobile TV, videos and sophisticated m-commerce applications. The science and technology sector in India is in a mood to capture new heights, as it flows with the Space Vision 2025. A new ignition has been ignited in the country’s research and technology sector with India signing landmark civil nuclear deal with various countries.

Significantly, India has been venturing actively into the dimensions of science and technology. The various organizations like Indian Space Research Organization (ISRO) are being fully supported by the Indian government in their new ventures in science and technology segment. The most attention grabbing news, being that of finalization of seven payloads that will go on the second lunar mission, Chandrayaan-2, by the National Committee of Experts, as per a press release of ISRO. Another major, science and technology development in India was the setting up of the world record by flight testing the supersonic cruise missile BrahMos off the Orissa coast.

We live in a highly sophisticated world where everything is almost achievable. There would probably have been no changes between the world of today and that of three centuries ago if necessity and serendipitous discoveries had not driven men to achieve great things. Science and technology have had huge positive effects on every society. The world today has gone digital, even human thought. Our world has been reduced to a global village and is better for it.

The benefits of science and technology far outweigh every perceived shortcoming. Some of the biggest effects of technology are in the area of communication; through the internet and mobile phones. There is advancement of communication and expansions of economic commerce. Today we hear of information and communication technology (ICT). Any institution worth its name must have it in place to be really outstanding. Information technology has become boosted in today’s generation; from the field of communication, business, education, and down to the entertainment industry. Through information technology, work performances are boosted with less effort and greater productivity by using various operations. Without computers or the internet, it will be difficult for people all over the world to get their questions answered. One may use the internet to locate a wealth of information with which to answer an essay question that may have been assigned at school, communicate with people, conduct transactions, access news, buy and advertise goods. The list is endless.

The advancement of Science and technology allow mass communication today so that we not only have the television, radio and newspaper, but even mobile phones which renders a multipurpose service; from long distance calls, listening to radio and music, playing games, taking pictures, recording voice and video, and browsing the internet. The benefits we obtain as a result of services from ICT have become widespread in our generation today. It improves the productive level of individuals and workers because People’s knowledge of life beyond the area they lived in is now unlimited. This idea of mass communication also profoundly affects politics as leaders now have many ways they talk directly to the people. Apart from going on air to use radio or television, politicians resort to the social media for some of their political comments and campaign. Information about protests and revolutions are being circulated online, especially through social media. This has caused political upheavals and resulted in change of government in most countries today.

Furthermore, current global issues are much more accessible to the public. Communication has been brought also to the next level because one can find new ways to be able to communicate with loved ones at home.

Science and technology expand society’s knowledge. Science helps humans gain increased understanding of how the world works, while technology helps scientists make these discoveries. Learning has maximized because of different media that are being developed which are all interactive and which bring learning experiences to the next level. Businesses have grown and expanded because of breakthroughs in advertising.

Modern technology has changed the way many companies produce their goods and handle their business. The idea and use of video and web conferencing, for instance, has helped companies remove geographical barriers and given them the opportunity to reach out to employees and clients through out the world. In today’s economy, it has helped companies reduce the cost and inconveniences of travelling, allowing them to meet as often as they could like without having to worry about finding the budget to settle it. Modern technology helps companies reduce their carbon footprint and become green due to the fact that almost anything can be done from a computer.

There have been advances in medical care through the development of science and technology. Advances in medical technology have contributed immensely in extending the life span of people. People with disabilities or health problems are now more and more able to live closer to normal lives. This is because science contributes to developing medications to enhance health as well as technology such as mobile chairs and even electronics that monitor current body levels. Most devices used by the physically challenged people are customized and user friendly.

Science and technology increase road safety. Nowadays, law enforcement officers use Laser technology to detect when automobiles are exceeding speed limits. Technology has led to the development of modern machines such as cars and motorcycles which allow us to be mobile and travel freely and airplanes which travel at a supersonic speed.

Another machine, the air- conditioner, provides cool comfort, especially during hot weather. In offices where dress codes exist, people can afford to wear suits without being worried about the weather. It guarantees convenience even when the climate says otherwise.

Moreover, present day factories have modern facilities like machines and soft ware that facilitate production. These machines work with greater speed and perfection incomparable with human skills. These machines have enabled markets to have surplus products all over the world. For the soft ware, they make it possible for machines to be programmed, for production to be regulated, to monitor the progress being recorded and so on.

Modern technology indeed has been great. For third world countries, however, it has been challenging, especially the area of production. Only consuming and not been able to manufacture does not favour any country when it comes to balance of trade. The most sensitive parts of technology are the theoretical or conceptual parts and technical parts. These are the backbone of technological development anywhere in the world. Without the ideas, there will not be technology. Third world counties need to go back to the basics, that is, to the primitive. There must be meeting ground for tradition and modern technological invention. Third world countries engage in import substitution strategy where they import half finished goods and complete the tail end of the production process domestically. Third world countries started wrongly. They started with climbing the ladder from the top which is very wrong and difficult. They thought that being able to purchase and operate modern technological products qualifies for advancement in science and technological development. This makes third world countries to be a dependent system because working in the factories are routine work and this inevitably links to the issue of the idea of technology transfer. They should seek for technological transfer, but the problem is that no nation is ready to transfer her hard earned technological knowledge to any other nation for some certain reasons which drive nations into competition; world politics and economic prowess. That is the struggle to lead or dominate other nations technologically, economically and politically. Be the first to invent new gadgets and latest electronics including those used in modern warfare, use other nations as market for finished goods, and to have a strong voice and be able to influence other countries. They should consider embarking on technological espionage so as to acquire the rudiments for technological development if they must liberate themselves from the shackles of technological domination.

In conclusion, it’s not until third world countries begin to put embargo on the importation of certain electronics and mechanical goods that the necessity to be creative would replace the habit of consuming foreign products. Countries like Thailand, Burma, Brazil, and South Africa and so on, should be emulated. These countries experienced colonialism yet they did not allow it to overwhelm their creative prowess. Industry and determination saw them emerge as economic giants in the world today. Third world countries should emulate them by carrying out proper feasibility studies to ascertain which technology will suit their country; giving more financial boost to this area, training people to become experts; motivating and encouraging individuals who are naturally endowed and technologically inclined to display their bests of talents. These measures if strictly adhered to will go a long way to help the advancement of these countries in the area of science and technology. If these countries must achieve greatness before the next decade, they have to make conscious and unrelenting efforts. The time starts now! The more they delay, the more backward they become.