The Information Technology Era

The world is on the verge of a revolution that will change the conventional ideas about the economy, markets, finance and credit. The changes will be caused by the increase in technology companies. It is necessary to actively invest in the IT-company to capitalize on their domination of the future.

In the world formed a new cluster of companies that, having a high financial capabilities, a strong and promising business, unlimited monopoly in their respective segments and ambitious leaders who are able to literally change the world. What is probably dreamed of Steve Jobs – is more than the iPhone in every pocket or a computer in every home.

High-tech companies are now characterized by the following features: a high stock of money with virtually no debt and a positive constant influx of money from the core business very little chance of the emergence of competition in the market: 100% of the competitors could be purchased, as they say, “standing” continuous improvement of technology, so most of the new solutions, know-how, innovative products and the software goes to a narrow circle of companies

global presence, not so much physical as informational and technological.

These features of the world tehnogiganty practically do not depend on national governments, or from financial institutions, from anyone! These companies already have large, although not all of the obvious, part of world domination, in fact, they probably great future. Change anything in this scenario, perhaps, too late.

At a time when more and more wealth is a) public (internet, cellular communications, programming), b) intangible (content and software, communications, electronic money), no one, except for the leaders of IT-segment, there is no chance to preserve the advantages which they enjoyed in the pre-computer era.

Victim 1: Government.

already is widespread, the term “revolution of Facebook”, though, seems to be copyright to no one claimed him. However, the reason for the success of many revolutions that occurred in 2011 (Egypt, Tunisia, Libya and others) is considered to be participants in the events co-ordination of social networks.

Another example: freedom of information. Internet is open to all, attempts by the state, as before, losing control of the media seems to be meaningless. This is clearly seen in Russia – people no longer trust the official media and focus on the Internet. Government can no longer keep secrets (Wikileaks example) are not able to consolidate the mass, unable to control the emergence of social groups (previously – “parties” obsolete.).

State and Government have lost the monopoly on information, propaganda and brainwashing citizen. With them they have lost a significant part of government, which previously had. But a mistake to suppose that this power is lost forever: it is simply transferred from the government in the hands of companies that control the network media. Earlier benefit from control over the information in the form of financial flows extracted the state – and now it is a global Internet company.

If so, will the changes last?

What will become of the fiscal functions of the state?

Possible with the help of the Internet does not create a representative and direct democracy, which is involved in government is not a handful of elected or appointed bureaucrats king, but every citizen?

Will the state continue to control the lives of citizens through the issuance of references to it, permits, information that can be accessed by other means?

Are there borders for programs, information, move data, whether they remain for the physical movement of goods and technologies for physical movement of citizens?

Will the state continue to monitor the election process to the authorities, the judicial system, transport infrastructure, and so on?

It is unlikely that global technology companies do not reflect on these issues.

Victim 2: Banks and financial companies

is very simple – you can already make payments without going to the bank, and do not use (directly) his services. This is called “electronic payment systems.” Google has its own system of payments and social network, in which 90 million users… that prevents Internet giants, with its enormous financial resources and the audience to go ahead and organize the “electronic banking”, “electronic exchange”, “e-insurance company” “Electronic Credit Bureau,” etc. and so on?

It’s just a matter of time before the current banks, stock exchanges and other financial intermediaries will be forced out of Internet companies. At first there is nothing but an old and thick textbook on economics, striped suit and a shiny bald head, a second is all: the core business, generates revenue, lack of commitment, customers, technology, the desire to conquer the world.

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The Importance of Using X-Ray Technology to Inspect Components

If you are an electronic component supplier, distributor, or buyer, you should be dedicated to enhancing your inspection and testing capabilities with all of the latest technologies on the market. For independent distributors, buying electronics on the open market can be an extremely risky move. Because of this, more and more of these distributors are turning to X-Ray technology to improve the quality of the electronic components in their supply chain. Discover how X-Ray technologies can help you ensure quality and choose a technology that will save you money while still improving your reputation in the industry.

Identifying Counterfeit Components With X-Ray Vision

Buying electronic components on the open market can be risky. Studies have found that more than 10 percent of all of the global technology products sold on the open market are counterfeit. This percentage equates to about $27 billion per year in industry sales. Suppliers, distributors, and buyers, can all be affected when buying a counterfeit products. The reputation of each company in the industry weighs heavily on the quality of products sold. If an electronics manufacturer buys counterfeit product and is not aware, their reputation could suffer and the end user may choose the competition. Quality control is extremely important to prevent all of this from happening. With new X-Ray technologies, businesses can identify counterfeit components and assess where they are coming from. This will save you money and save your reputation.

Identify the Damage Components

When you supply electronic components to distributors and buyers, you understand just how important quality is. If you do not have quality initiatives in place, you are risking the chance of selling damaged components to your end user. If you consistently sell these damaged components to your loyal customers, you are sure to lose customers. Not only will X-Ray vision help you verify the authenticity of components, it will also help you identify components that could potentially be damaged. Much like the X-Ray machines used in your local hospitals, X-Ray machines for quality control will verify everything that is supposed to be in the machine is there intact.

If you integrate X-Ray technologies into your quality control procedures, you are sure to identify the counterfeit components and the damaged pieces before they go out on the supply chain. Using quality testing methods like X-Rays, microscopes, and DECAP, will help you up your game so that you offer the best electronic components on the open market or the best products for end users.

Electronics and Semiconductor Patents – An Evolution Scenario

In recent years, there has been an extensive boost in technological concepts related to electronics and electrical domain. Electronic engineering is a constantly changing and widening branch of technology. Electronics and semiconductor engineering is one of the largest and fastest growing industries. This growth has entailed a wide range of patent filing, all through. Electronics and semiconductors covers a wide range of applications we use daily, such as Television, Radio, computers, telecommunication etc, which make our life easier and enjoyable. It helps us see, hear and communicate over enormous distances and accomplish tasks faster.

Electronics plays a major role in industries like oil, energy, agriculture and many other important sectors of economy. Electronics and semiconductor patents form a subclass of electrical patents. The electrical patenting class is broadly classified into many subclasses based on the area. Some subclasses include Digital Electronics, Analog Electronics, Micro Electronics, Fuzzy Electronics, Application Specific Integrated Circuit Design, Semiconductors and Semiconductor devices, etc.

Patents are further classified based on the development of their active elements involving the design and testing of electronic circuits that use the electronic properties of components such as resistors, capacitors, inductors, diodes, microcontrollers, microprocessors and transistors to achieve a particular functionality. For example, 326 is the generic class for patents related to electronic digital logic devices, circuitry and sub combinations thereof, wherein non-arithmetical operations are performed upon discrete electrical signals representing a value normally described by numerical digits. It further has subclass 12 for redundant logic having a flip flop and subclass 37 for a multifunctional or programmable logic having a flip flop.

Integrated circuits and processing architectures are other categories protected by patents. Different aspects of these technologies such as architecture, applications or designs are protected by employing different intellectual property laws. As an invention, hardware architecture and their applications are protected as utility patents while Integrated circuit designs are protected as design patents. Hence, both design concepts and hardware are protected by patents. In discharging its patent-related duties, the United States Patent and Trademark Office (USPTO) examines patent applications and grants patents after establishing the patenting class and patentability of an invention. The claims of a patent serve as a guide in patent prosecution and infringement law suits.

There has been a steady growth in electrical, electronics and semiconductor patents being filed and granted by U.S. patent office since 1996. About 8, 16,349 electrical patents are being granted till December 31st 2004 and every year approximately 60,000 electrical patents are granted. U.S. Patent office has approximately granted 3, 70,000 semiconductor patents, 19,279 global positioning system patents, 75,109 electronics and communication patents.

Since its inception, the patent system has attempted to balance the tension between 2 competing objectives. On one hand, the law rewards technical innovation by granting exclusive rights to individuals for worthy inventions. On the other hand, it also seeks to increase the welfare of the society as a whole by providing it with the benefits of innovation. Electronics and semiconductor patents provide public with valuable information about how to use and implement new technology once it enters public domain.

One way to trace the development of electronics and semiconductor technology is to follow the development of its active elements, the switches and valves of electronics systems. A more recent trend in circuit design is to build custom integrated circuits that include as much circuitry as possible, often combining both analog and digital circuitry on a single substrate. This area is known as application specific integrated circuits (ASIC); the designers work with relatively small prefabricated circuits commonly called macro cells. In recent years there has been an increase in patent filing because in many industries and product development companies a division of innovative labor is emerging, resulting in the licensing of existing and prospective technologies. Hewlett Packard, Sanyo and Sony are some of the leading electronic companies in the world with a growing patent portfolio over the years.

The Scariest Components of Business for Young, Hopeful Global Managers

In a world that, thanks to technology and outsourcing, only continues to get smaller how are young professionals today going to tackle the task of staying in touch with their employees in global organizations? As a young MBA student myself, I see myself as ambitious and ready to take on the world, however, only recently did I realize that this might mean actually taking on the world. How can you manage people globally when they speak another language and have completely different beliefs and customs that only add to the information challenges? Suddenly the way you assess your local employees is not going to be good enough, this is a whole new dimension to management and it’s going to be one that most ambitious young managers will get to experience firsthand. I get overwhelmed just thinking about the issues that could come up with employees in global organizations so I decided to attack the issues that scare me the most and evaluate them.

First off, having global language barriers with your employees could seem like enough to make you give up before you get started, but the way the world is today, and the way it will undoubtedly be in the future, leaves no question that language barriers are something that are going to have to be continuously managed in a successful global organization. Good communications skills have never been more critical. Highlighting the issues with language barriers, a recent article in The Rio Times states, “A report by the Economist Intelligence Unit says that Brazil is among the worst at coping with the language barrier of the English-speaking world of business, and that deals are being hindered because of it. Experts are warning that, with increased international interest in businesses based in Brazil, the need to break down the barrier has never been more acute.” (Tavener, 2012). So what are some solutions to language barriers (other than Rosetta Stone)? Offhand, I would think that trustworthy interpreters are going to take a lot of the stress out of language barriers, but other aids I’ve considered would be visual aids, technology (electronic interpreters), and body language (if present or skyping with the person you’re communicating with). Language barriers are always going to be out there, it’s finding the ways to overcome them that leads to success. “Industry experts say that despite the possible setbacks caused by inefficient language communications, a multinational approach can yield the biggest gains, as long as initial cultural misunderstandings can be overcome.” (Tavener, 2012).

The second thing that scares me to death about global management is differences in ethics, beliefs, and customs. While I think that cultural differences among people are beautiful, the thought of offending or not comprehending the ethics of those I’m managing simply terrifies me. There’s no playbook for this. “Many of the ethical issues in international business are rooted in the fact that political systems, law, economic development, and culture vary significantly from nation to nation.” (Hill, 2010, p.136) As a manager, you’re going to have to make yourself particularly sensitive to and aware of these differences. The way you navigate differences in customs and beliefs is going to vary based on what part of the world you’re dealing with and defining ethical business conduct will more than likely be dependent upon that as well. As a young, unworldly MBA student this topic perplexes me, but I would have to think that there is a global ethical standard to be defined when it comes to business. Without one, we would restrict our ability to do business effectively in a world where borders have become less and less meaningful. As an effective global manager I would think my first step would be to define this shared set of global ethical values and capitalize on it.

After overcoming language barriers and ethical differences, how do you evaluate the employees at hand? However unfamiliar global business practices may seem at first, mangers with global responsibilities must be able to make a fair and accurate assessment of employees from other countries. What’s most scary about this for me is the issue of trust. Who can you trust do assess employee performance for you from overseas? You’re going to have to find dependable people to get things done, ones who can give you valuable insight into organizational issues. Personally, one of my biggest fears and biggest challenges in this scenario would be my dependence on the people immediately surrounding me to form judgments regarding employees’ performances. This, for me, would be the biggest obstacle of all in global management, and it’s probably the issue that is dealt with more often. I would imagine that communication barriers between overseas management and home base management are some of the largest factors hindering the success of global business.

As I’ve pondered the most concerning issues for myself in becoming a global manager, I’ve learned that one thing is clear; success in global management begins with an attitude of acceptance, a willingness to learn, and an eye for problem solving. I’m hoping that I, along with other up-and-coming managers alike can dominate these key issues and the infinite possibilities that come with the world’s current globalization and the management opportunities it affords us.

The Idea of Export Electronics For Business

Export Electronics is an integral part of international business trade. It is because of rapid development in technology that the export business has grown globally. Manufacturers and buyers have easy and reliable access on different aspects of their businesses. Innovations and other changes especially on the export business are very fast. People have to keep themselves informed or else they will lag behind in the competitive world. Methods of conducting business transactions are made effortless by computer based technology. Companies are now able to communicate and disseminate important information in an instant. The automated processes of needed data for both internal and external connection speed up the entire export of electronics business. It is because of this that partners of various companies together with the suppliers are now in constant coordination. They work efficiently to make export electronics industry be known globally.

Customer satisfaction is an important key to success in any field. Export and import electronics industry the same with other companies are in constant search of innovative ways to satisfy their growing market. A big factor of this goes into the research department. People in the team are bound to come up with new ideas to outdo the present one. There is no such thing as stopping to grow especially now that information is a click of a mouse away. Every single bit of data can be communicated and exchanged so quickly. The traditional way of trading goods and services are a thing of the past. Recent electronic communication equipments and devices have totally replaced what is now history. The export electronics industry has come a long way.

There are companies now who offer services to give your import and export electronics business an edge in the world market. It is because of the quick turn over of information that at times even the key players in the export electronics community have difficulty keeping up. Thus the termed ‘outsourcing’ was created. You need not look far in the internet to look for professional services from these people who would serve as your administrative assistants to your forwarding agents. They could very well be a marketing arm to. Let us say you need to export your own electronics products and is concerned about cutting cost among other things, you can always hire the services of a reliable global services company. People who are in this type of industry wouldn’t enter into such a venture if they do not know the ins and outs of the export electronics business. They are more often than not, exposed and experienced bunch of individuals who have the passion for helping the industry of export electronics be a leading and significant figure in the international market.

With an outsourcing arm’s help, you can focus more of your attention to other aspects of your business like the manufacturing process for example. You can delegate other tasks which you think an outsourcing firm can handle. It can even take care of your shipping needs. You can browse on the internet and search for qualified and trusted firms on outsourcing for your export electronics business