The Sixth Sense device is a gateway between the real world and the digital world

Sixth Sense Technology

Sixth Sense if a gestural interface device that is composed of a neck-worn pendant containing a camera and projector. The Sixth Sense technology was developed in the year 1997 as a device worn on the head. In 1998, it became a neck worn object. However, the name for this tool was not published and coined until the year 2001.

The wearable computing technology is also described as a Synthetic Synsthesia of the Sixth Sense with the belief that the wearable digital and computing content could act in addition to the five traditional senses. The camera and projector of the device are connected to a mobile computing device that is inside the user’s pocket. The projector will project visual information that allows surfaces, physical objects and walls around to be utilized as interfaces. The camera on the other hand recognizes and tracks the hand gesture of the user and physical objects using computer vision-based techniques.

The device processes the video stream data which is captured by the camera and monitors the colored markers locations at the tips of the fingers of users. Sixth Sense is one of the products in the beginning of the new era of technology wherein engineering would reach new milestones. Simply put, the wearable gestural interface enhances the physical world with digital content. Moreover, it enables the use of natural hand gestures for interacting with the information given. It is based on concepts of augmented reality. The amazing Sixth Sense technology is a blend of numerous wonderful technologies. The thing that makes it magnificent is the great integration of all the technologies and presents it into one economical and portable product. It associates technologies such as hand gesture recognition, image capture, processing and manipulation among others. It superimposes the electronic world in the real world.

Like the senses, Sixth Sense enables people to perceive information regarding the environment in various ways. Moreover, it also aims in perceiving information. It is in fact about understanding information more than one’s available senses. These days, it is not only the physical world where people could get information, but the electronic setting as well which has become a part of life. The digital world today is as important to people as the environment. With the internet, the digital field could be expanded a lot of times. The technological gadgets enable people to communicate with the digital world.

It makes sense to conclude that the Sixth Sense technology is a gateway between the real and the electronic scenario. The technology enables people to be part of the physical atmosphere and still access digital information that exists on the World Wide Web through natural gestures for interacting with data. It attempts to free content from its confines through integrating seamlessly with reality and so making the whole world one’s computer.

The device is connected to the cloud and uses numerous search engine application program interfaces such as Amazon APIs and more. Although it connects a user to the internet scenario, it still allows access to all dynamic content and data while a person continues to be in the physical setting. The device does not always make use of the web but also uses many of the available software on the device and mobile phone.

Advertisements

Making India as the worldwide destination for electronics manufacturing

The Ministry of Electronics and Information Technology in India embarked on an ambitious program to make the country a global hub for the manufacture of electronics through incentives for foreign players to ‘Make in India’. In the bid to make the country a world hub for electronics manufacturing, the government embarked on this program, with amendments made in the Modified Special Incentive Package Scheme. Also, the government has laid down a vision of ‘Net Zero imports’, wherein all electronics would be produced within India by the year 2020.

BOOSTING THE INFORMATION TECHNOLOGY SYSTEMS

While work is underway, the biggest challenge for the Indian government is to improve the domestic electronics manufacturing industry, aside from the lucrative mobile industry. One of the ways of boosting the industry is improve IT training. Admitting the challenges ahead, the Ministry of Electronics and Information Technology senior official declared that the review plan has just begun. The idea is to enhance India’s electronics manufacturing to achieve the zero imports target as early as possible. Furthermore, the plan is to provide subsidy to allied manufacturers and not the mobile ones.

CHALLENGES FOR THE OTHER E-SECTORS

Figures display that other sectors in the electronics field would be hard pressed even with the incentives provided by the government to match the story of mobile growth. Data from the ministry reveals that mobile phones manufacturing has reached 22 crore in 2016-2017. When it comes to value, the sector is estimated to be at Rs 90,000 crore in 2016-2017.

Electronics manufacturing in  India

DIGITAL INDIA VISION

The vision of making India digital is possible with enhanced Information Technology training. The most crucial aspect of this is the digital governance and to link bank accounts to Aadhar cards to avoid benefits. This is a strategy that officials claim could help in transforming India. The electronics industry of India is one of the fastest-growing and biggest industries in the world. It comprises electronic products and components to manufacture these products. The industry in 2015 was valued at $75 billion, despite the weak global economy. The sector underwent an evolution from primarily a consumption-driven market into one with manufacturing capability that caters to both local and overseas demand.

The ESDM or the Electronic System Design and Manufacturing sector offers lucrative opportunities for investors. The FDI or the Foreign Direct Investment equity inflow witnessed an increase in the last couple of years. Government initiatives provide an impetus to the electronics manufacturing industry. Digital India aims in ensuring all government services will be accessible to the people electronically. With the growth of revenue that is driving demand for electronics and the focus of the government for e-governance initiatives, Digital India is more likely to spur the growth in the sector. Furthermore, there is also a considerable demand for electronics that are high-end. The field of appliances and consumer electronics is predicted to grow at $20.6 billion by 2020.

VAST TALENT WITH STRONG DESIGN CAPABILITIES

India boasts of a huge talent pool with strong capabilities in design. The work force is not only skilled, it is also cost-effective. Additional boost is provided in this field via a host of skill enhancement and development initiatives. This resulted in a big number of global companies setting up manufacturing unites in the country. To make India the worldwide hub for electronics manufacturing, a budgetary provision of $114 million was made towards incentive schemes such as EDF or Electronics Development Fund and M-SIPS or Modified Incentive Special Package Scheme in fiscal year 2017-18. The boost in allocation was made to keep pace with the growth of the number of investment proposals received within the industry. This likely would reduce dependence on imports.

MAKING INDIA A MORE TRANSPARENT ECONOMY

Technology-backed initiatives would help India become a more transparent economy. The government budget proposed a slew of digitalization initiatives, which include optical fiber network expansion, launch of the ‘Digi Gaon’ initiative that’s aimed to provide telemedicine, skills and education through technology and new schemes for promoting use of the mobile app BHIM. The budget proposals are transformational and is designed to make the country a transparent economy. Highlighting the underlying technology trust on programs across-the-board, which includes relating to rural India, the Minister declared that rural has also become a part of the digital transformation. Now, the true aspiration lies in India’s rural economy that’s waiting to be tapped for extraordinary growth. After the Prime Minister’s move, the Union Budget gave a huge push towards India digitalization. The Union Budget has incentives that would help ease the digital transaction to eliminate black money.

Making India the electronics manufacturing hub in the world is transformational. It has inclusive budget that is digitally empowering and is designed to make India the top destination for the manufacture of electronic products.

Dot NET development could provide the right business technology very efficiently

The .NET platform is a major Windows component which supports building and running desktop applications and internet services. .NET development has become a very good venture for many software and web developers for years now. .NET also provides simple development and deployment as well as support for various programming and the management of an execution environment.

The framework has a class library that could be used in developing applications. It’s a great methodology that enables Microsoft to define the next business shift. Now, Microsoft offers more vision and influence on the shift compared to other vendors. The development of .NET also includes technologies such as ADO.NET, Windows Presentation Foundation, Windows Communication Foundation and ASP.NET.

Developers of the Microsoft platform could enjoy several benefits. Businesses these days are looking towards their IT departments to justify their presence in the company and information technology could boost revenue or minimize the cost. For any business today, helping its information technology departments align their goals, it is necessary to choose the right technology to make and develop strategic apps. The .NET platform by Microsoft can effectively and efficiently do this. Before one determines and should understand the true advantages of developing solutions for the framework, it is important to comprehend the various application types that one could build with it.

Some of the apps that can be built with the platform include customer relationship management, websites, accounting applications, warehousing apps using hand-held devices or mobile phones, inventory/product apps, incorporating with online partners, XML web services, value chain and hand-held applications. It is composed of library of classes that are reusable, which are small components that help developers in building applications. Furthermore, it also comprises of a development environment so that developers could rapidly and graphically create apps.

Microsoft, as well as other vendors provides numerous sample codes, books, specialized components, articles and other resources to help the transition to the framework easy. .NET was considered as the future development of Microsoft and to this day has lived up to it despite the existence of other platforms and frameworks. In fact, the release of the MS Windows code called Longhorn was built upon the framework. This means that any investment in .NET will surely last many years. The functionality provided by the class library is available to all languages, which result to a consistent object model, regardless of what programming language a developer may use.

.NET additionally allows developers and system administrators to specify method level security and utilized industry-standard protocols. These include SOAP, XML, HTTP and TCP/IP to facilitate the distributed app communications. This way makes computing much secure because developers cooperate with network security devices instead of working on security limitations. The platform simplifies the process of development by distinguishing the app logic and presentation logic and making code maintenance much easier. Moreover, it makes it easier to deploy applications and take care of details of loading and finding the components and some application requirements even if different versions of the same application exist on a computer.

Industry experts declare that the Information Technology industry is growing steadily

The IT spending is likely to go up, contradictory to what others think that it is slowing down. Disruption in the information technology and services industry were making new opportunities. Some other sectors are hiring people with background in computer science. For instance the Tourism industry in India wherein places of interest could be geo tagged to leverage the IT industry to educate and entertain tourists.

THE GROWING IT INDUSTRY IN INDIA

Nasscom declared that the IT sector was not static and in fact is growing. Even for non-techies, the industry is creating a space for everyone. The doubling of the speed of computer processing every eighteen months or known as Moore’s Law, is only a manifestation of the bigger trend that all changes in technology happen at exponential rate.

SEVERAL FIELDS THAT RELY ON INFORMATION TECHNOLOGY

Definitely, there are various fields that depend on Information Technology, such as the following:

Energy – solar power, that relies on nanotechnology, which is affordable enough as well as powerful enough for powering the whole world within twenty years.

Genetics – In ten years, everybody will have digital copies of genome, which lead to personalized medical therapies to the individual genetic makeup.

Neuroscience – Projects that reverse-engineer the brain would build a synthetic, full model by the year 2029, providing people a bigger insight to how the brain thinks.

Nanotechnology – As robots become smaller and smaller, people would be able to insert them to their bodies in order to repair aging or damaged tissue.

IT INDUSTRY TRENDS

The exponential growth of the IT industry creates a very different scenario of the future and this is not intuitive. Problems now that appear intractable can be eminently be solvable in the not-so-far future. This not only inform planning and investing for the future but should also change that one thinks of as possible for humans. Sooner, things that are impossible and unimaginable before might be within reach. IT industry trends that continue to impact the world include the following:

  1. Smart Home Tech and IoT. Now, larger organizations already are well-versed in uniform user experiences, such as Apple, Google, Amazon and more. With more involvement, there would be several advancements on this aspect in the years to come.
  2. Machine Learning. Machine learning has taken several massive steps forward in recent years, even emerging to help and boost the core search engine algorithm of Google. Throughout the remainder of this year, expect to see updates on machine learning emerging across the board, entering nearly any kind of consumer app one could think of, from providing products that are better recommended, based on prior history of purchase to improve the user experience of an analytics application.
  3. VR and AR. Major steps forward are emerging for AR and VR, respectively Augmented Reality and Virtual Reality technology. The market is ripe for VR and AR and there are several early-stage tech and devices for these apps. Be ready for VR and AR versions of practically everything as well as ample marketing opportunities.
  4. Automation. Marketers mostly would be pleased to learn that automation would be a bigger mainstay this year, with advanced technology allowing automation of tasks that are previously human-exclusive. When machine learning is combined with automation, everything could boost much faster, making this year a truly landmark year.
  5. Physical-Digital integrations. Mobile devices slowly have been adding technology into people’s daily lives. It’s rare to see someone without a smart phone, giving access to infinite information in the real-world. Online brands, such as Amazon would begin having more physical products, such as Dash Buttons as well as physical brands like Walmart would have more digital features, such as product trials and store maps.
  6. Humanized Big Data. Big data has been a huge topic for the past five years or more, when it begun making headlines. Mass quantities of data gathered, which people now have access to, could help in everything, from planning better medical treatments to better marketing campaigns execution. This year sees more advancements of humanizing Big Data, looking for more qualitative and emphatic bits of data, projecting it in a more accessible and visualized way.
  7. Everything On-Demand. Today, people are getting used to having everything on demand through phone applications. This is developed even further today. There are thousands of available applications for food deliveries, get rides, even a place to stay for the night.

Businesses prepare for marketing strategies accordingly. Whatever the case may be, it is still fun to consider everything that is coming next. The IT industry is growing and is seen to grow more as demands and requirements continue to evolve. Trends will impact the way businesses are done, how people get on with their day-to-day lives.

CIOs focus on transforming the user experience

Almost every CIO has faced the challenges of disrupting the status quo, building a platform that drives business results and for change. Today, with the changing requirements and the continuous evolution of technology and the internet, more and more CIO’s are focusing on transforming the user experience. Tech-savvy employees are more and more expecting digital solutions at work to be more like the easier software at home.

user experience

CIO’S MUST DEVELOP A KEENER UNDERSTANDING OF WHAT USERS WANT

CIO’s should develop a keener understanding of what users want and need, based on how they work. Rewards will go to the people who get it right. A research shows that design-centered businesses, which place more value of UX instead of their peers achieve higher equity valuations and productivity gains. However, if solutions fall short, employees could turn to outside software or ‘shadow IT’ that can carry possible security risks.

A BETTER USER EXPERIENCE

A better UX or user experience proves to be a major tech disruptor. Although people may not exactly be becoming more technically proficient, nevertheless, they have become more comfortable in using their tablets and phones to download music, look for the nearest movie theater or pay for purchases. This raises the bar for UX to work as well and that is disrupting the current IT models that are more focused on features and functions than the end-user needs.

WHAT CONSTITUES A GOOD USER EXPERIENCE?

So, what constitutes a good user experience? A good user experience should be intuitively easy and simple to use. It should be personalized for the employee and most of all, it should empower end users to be more productive and effective. Also, the UX should be consistent across mobile and desktop environments so that employees need not relearn new commands for various devices.

THREE CASE STUDIES ON HOW BETTER USER EXPERIENCE COULD BENEFIT BUSINESSES

Before, creating a product that worked simply as advertised could have been a good reason for consumers to purchase it. Nowadays, where competition is fierce, the focus should be on differentiating not just in engineering quality and price, but on delivering a true user experience as well.

The growing focus on the user experience is not only a fad that some marketing gurus promote to gloss over their badly engineered products. As a matter of fact, a good UX relates directly to commercial success. A well-crafted user experience today is a main product differentiator, and could build customer stickiness and brand loyalty that otherwise is hard to achieve. While the user experience may be as complex as it’s satisfying, another relevant part of a good UX is usage ease, with itself translates directly to increased sales.

For the past four decades, enterprise software providers emphasized benefits like richness of features, scalability, reliability and robustness. In this scenario, the user experience had second billing. Developers, historically have the tendency to forget about the end use and most organizations pressured businesses to use monolithic, cumbersome software. However, these days, the focus has changed from features to a user experience nearer to those chosen outside the office.

AREAS WHERE UX INNOVATIONS BRING MEASURABLE AND TANGIBLE BUSINESS VALUE

MONETARY VALUE

  • Increased employee productivity
  • Increased existing software licenses use
  • Lesser data errors and so lower costs
  • Lower training costs
  • Lower load on IT service desks
  • Fewer change requests
  • Faster IT issues resolution
  • Cost and time savings with cloud and mobile access
  • Savings from updating rather than replacing existing software

HUMAN VALUE

  • Higher retention rates
  • More satisfied employees
  • Better performance
  • Greater internal collaboration and cohesion

User experience gains are not limited to internal operations. Take the case of an online retailer with a shopping website that’s easy to use could achieve higher conversion of prospective buyers into customers, increased traffic to the website, higher sales per customer, lower visitor drop-off rates and more. Always, UX has mattered, but over the past few years, it became a key to success of a product. Technology has dramatically changed for both customers and users, but consumer products moved much faster than enterprise software and set new standards on the way that people work and interact with technology. Now, consumer experiences set the bar for what users expect to see in their work lives.

GOOD UX IS CLEARLY GOOD FOR BUSINESS

Clearly, good user experience is good for business. Studies reveal that organizations investing in user experience see a lower expense of customer acquisition, lesser support cost, increased customer retention and market share.

With the increasing need for a great user experience, more and more CIO’s are focusing on transforming and making the user experience great.

Facebook focuses on some of the biggest names on the platform for video shows

Facebook Video Creator

Facebook at present focuses on some of the biggest names on the platform to create video shows. Furthermore, it recruits its top publishers for exclusive shows. The social media giant is exploring huge deals with companies to produce original video shows that would provide entertainment to engage more and more people all over the world.

FACEBOOK SIGNS DEALS TO PRODUCE EXCLUSIVE AND ORIGINAL VIDEO SHOWS

Facebook is no doubt a social media giant. It has signed deals with Mashable, Conde Nast and Refinery 29 to produce exclusive and original video shows. The companies join a list, which includes Vox Media, BuzzFeed, Group Nine Media and Attn. Most of these companies already are being paid by Facebook to produce on-demand and live video for the news feed each month. Facebook search now is much easier. This is the social media’s attempt to turn the video tab to a YouTube-like experience. Facebook, since the last part of 2016 has been on the lookout for entertainment content that would engage all the more Facebook friends.  It would distribute and fund on a redesigned video tab on its mobile application. FB is looking towards funding shows in two tiers, the original shows, calling it hero units that would be 20 to 30 minute scripted and unscripted shows that FB will fully own as well as spotlight shows that would be shorter, 4 to 10 minute formals but not owned by FB.

Moreover, FB is looking at six broad genres, which include sports, science, pop culture, gaming, lifestyle and teens. Facebook originals budgets are in the $250,000 as per episode, which puts them in the low-end cable TV range. Budgets on the one hand for spotlight shows sit from $10,000 and $40,000 per episode. Most deals of FB for video shows are within the spotlight program. Partner companies sold numerous shows to FB for spotlight that would exclusively remain on the shows for just a period of time. Sources said that spotlight shows are Facebook exclusive for seven day or a week. After this, the content owner is free to distribute it on their own applications and websites. A couple of weeks after the FB premiere, spotlights shows could go to YouTube as well as other platforms. This varies from Facebook originals or the ‘hero’ unites that would be completely owned by FB. Facebook for the originals is in talks with and is purchasing shows from bigger TV networks and production companies and some of the top digital publishers on its platform. The number of FB originals would be lesser compared to the number of spotlight shows.

One integral distinction for spotlight shows is that basically, Facebook is funding the cost to product content. After the social media giant recouped the cost through running mid-rolls during episodes, it would split any additional ad revenue with owners of content. The same as YouTube, FB would take a 45 percent cut. Mark Zuckerberg, Facebook CEO said that FB is willing to fund content today. Its goal is to create an ad program, which could support shows without FB having to fund it upfront. FB originally wanted to release it’s vide shows late of this month and then in June in time for the Cannes Lions Festival. This has been pushed back as the social media giant gets to work in redesigning the video tab and determine how shows would be promoted and distributed. This is a new and big endeavor and FB have been super responsive in terms of pitches and being creative.

The move is not entirely new territory to FB, since it has done deals with media companies providing them income in exchange for using the FB Live video broadcasting platform, for example. Those were aimed in acquiring outlets with audience building exclusive content only for FB, as a way of driving eyeballs towards the new format. Facebook purchasing its own content, from both outset and via licensing could result in a more Amazon or Netflix Prime Video-style outcome, with owned content as the driver for the rest and vice-versa. FB is more inclined to use anything that it produces primarily as a spark for getting third parties to create however.

Creating their own original content library, which include big audience draws such as sports, can help FB chart a better path to monetization for itself and for other partners already using the network to push their videos. Ultimately, this would lead to more video content that in turn will result in stickier, bigger audience and the truly lovely DAUs that Facebook loves so much. This move would also make the social media platform as irrefutably a media company. This is interesting, given the stance on how the FB algorithms handle news distribution at present.

Read More Information: https://digiday.com/media/facebook-recruits-top-video-publishers-shows/

North American Top 50 ICSC companies rely on MRI software to boost performance

One-third of ICSC North American Top companies rely on MRI software to boost performance, acquire insights and drive decision making. Experts from MRI software demo real estate tech solutions for commercial owners and operators, brokers and retail tenants declared that they rely on MRI software to improve performance. The software industry growth is phenomenal.

MRI SOFTWARE SOLUTIONS TO BOOST PERFORMANCE AND STREAMLINE PROCESSES

Software industry overview sees a great increase in software use and continuous growth as the world relies more and more on software solutions for effective operations and processes. The MRI software is a global leader in real estate software solutions announced that thirty percent of ICSC or International Council of Shopping Center’s top fifty North American owners are using the solutions to boost performance of assets, simplify processes and acquire critical insights to power fast decision-making. The MRI Commercial Suite that includes Advanced Retail and MRI Investment Suite enable commercial landlords to boost performance of retail leases as well as real estate operations. Enterprises could maximize revenue via automating complex retail lease calculations as well as boost forecasting with financial performance increased visibility. Businesses could make more informed business decisions that are based on actionable insights towards retail data that are non-financial with MRI’s AnalytiX Portal.

The MRI Software is a leading provider of real estate software apps and hosted solutions that are innovative. It’s flexible and comprehensive technology, along with a connected and open ecosystem meets the unique requirements of real estate businesses, from accounting, property-level management and investment modeling and analytics for the worldwide residential and commercial markets. The MRI, a pioneer of real estate software industry, develops lasting relationships with clients based on almost five decades of insight and expertise. By leading solutions and a rich partner ecosystem, MRI frees real estate firms to elevate their business and acquire a competitive advantage.

MRI CRE or Corporate Real Estate empowers retail tenants to control lease costs and terms through automating complex calculations as well as providing improved data visibility. Recurring payments, percentage rent and lease offsets no longer are shrouded in mystery. Furthermore, retail tenants never have to miss a vital lease term or deal with unpleasant financial surprises again. With the announcement that a valuation software product that’s commonly used will not continue support in the future, a lot of commercial real estate pros would have little option but to undergo major implementation as well as migration burden. The Global Valuations of MRI provides an alternative to firms that are pressured to transition to a new platform that may not meet their unique business requirements. With support for various valuation methodologies as well as deployment options, which include desktop and SaaS, MRI Global Valuations provide flexibility to clients to choose what works best for their company. Additionally, MRI offers a one-of-a-kind ability to share and coordinate on valuation files within the real estate community of the investment broker.

Clients of MRI rank as some of the biggest shopping center operators and owners based on total global square footage. With billions of assets under management, clients need a flexible and extensive solution that provides accurate, instant insight for guiding operations as well as optimizing business results. The connected and open ecosystem means clients could integrate partner as well as other third-party solutions to their framework easily to build the best fit for their business needs. The extensive solutions eradicated pain points through plugging to other key apps and boosting the overall ecosystem, instead of attempting to force into a box of their creation.

MRI Software LLC was founded in 1971, under the Management Reports Incorporated name and known later as MRI or Management Resources International. It automates a lot of the daily, necessary tasks that are related to commercial property management, from late fee calculations, recovery to billing. It’s a highly configurable solutions and users could access the same tools that the developers use to customize the solution to the workflow of the real estate company. The solutions’ CM or core module manages operations, such as lease administration, accounting, reporting and many more. The Viewpoint module offers consumable summaries of portfolio and property status.

The software vendor provides a huge range of property solutions that are tailored to select parts of the industry vertical. One option for instances I the Commercial Property Management Software. Customers could also buy the NYC Rent Regulation Software or the Global Valuations Software, together with many more options. MRI solutions are divided into four broad categories, which depend on whether a client is involved with residential, commercial or corporate property. The four categories include property management, tenant and resident relationship management, financial management and flexibility features. MRI provides either SaaS or Software-as-a-Service and on premise hosting. Customers thus have the choice to, either allow the software to store and maintain data or to store and maintain their own data with an in-house team.