Tag: technology

The Rise of a Superpower

Over the past two decades China has successfully transformed itself into a global technology superpower. It now accounts for 20% of total world R&D spending, publishes more academic papers than any country apart from the United States, and is home to the world’s most valuable unicorn.

 

Amidst China’s technology boom a list of titans have emerged including Tencent, Alibaba, and Baidu. China’s Titans’, although dwarfed by the US Tech Giants in terms of revenue and users, continue to post exceptional growth figures with much potential still to fulfil. In this article, we explore China’s technology ecosystem, the infrastructure and how some of China’s most promising companies compare to those in the US.

 


Passwords have long been the default option for verifying a user's identity. However, the sheer volume of them can be difficult to remember and they are increasingly susceptible to being stolen. While on work experience Ciaran Hollebrand (Yr10 student) from St. Mary's Catholic School explored the advancing technologies in biometric identification that are becoming an emerging replacement.

Recent advancements in the biometric identification and verification industry have made sure that it is almost impossible to bypass the extreme accuracy of a biometric identification device. Soon it will be as easy as picking up your phone or holding your device to unlock it.    

Bill Gates once said, “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten”, this is likely to be the case with blockchain in financial services. 


For a short introduction to blockchain see our previous article “Will blockchain continue to disrupt?”

Blockchain technology can facilitate trustless consensus across all industries. Amber Magson (Yr12 student) whilst on Work Experience from the Bishop Stortford College decided to look into how Charities can benefit from this technology and Ethereum's Smart Contracts.

 

Whilst on work experience Alex Ainsworth (Yr11 student) from The Bishop's Stortford College explored the growing phenomenon of autonomous vehicles.

In 1908, the Ford Motor Company created the world’s first mass produced automobile, the model T. In 2016 Ford announced its plan to have fully autonomous vehicles in operation by 2021.  As such, with the demise of driving seemingly on the horizon, this raises many questions

Despite the slow down of global internet growth, half the population are now online (3.6bn). 

Mary Meeker's annual internet trends report is always a highly anticipated slide deck (294 slides) on understanding the tech industry.

 

TL;DR- Here we share 20 key takeaways from this year's report summarised by Techcrunch.

The full report can be downloaded here

 

Whilst on work experience Year 11 student Emily Bond from the Bishop Stortford College researched the future possibilities of Space technology. She has produced a timely article in light of recent news that the UK Space Agency is giving Highlands and Islands Enterprise £2.5m towards the development of the first UK spaceport to be hosted in Sutherland, Scotland.

Here we share a link to Business Weekly's latest article: Start-up Spotlight – in association with Invested Investor.

Business Weekly has introduced a new series featuring entrepreneurs involved with the new Invested Investor initiative launched by Alan and Peter Cowley. Invested Investor is designed to increase the success of early stage startups by sharing angel investor and entrepreneur war stories.

In the first of the series, Simon Thorpe, UKBAA Business Angel of the Year in 2016/17, explains via Q & A why he is inspired by Elon Musk and Martha Lane Fox. Simon has an investment portfolio of close to 30 early stage technology companies and has achieved five exits including Swiftkey, CMOS Sensors, VocalIQ and CentraStage.

He has made a career out of his passion for backing aspiring entrepreneurs creating innovative disruptive technologies. 

 

 

The North of England has long been at the heart of British innovation since the industrial revolution. Whilst on work experience Luke Cooper (Yr12 student) from The Bishop's Stortford High School looked further into the new emerging digital ecosystem of the Northern Powerhouse.


The digital revolution in the North is growing 4 times faster than the non-digital sectors. In the Northern Powerhouse area (highlighted red on map) major cities such as Manchester and Liverpool the have a rapid digital economy growth rate of 13% and 7% respectively between 2011 – 2014.

The translation and interpretation industry has doubled in the past seven years, advancements in translation technology have enabled translators and interpreters to improve their performance. While on work experience, Wendy Cowen (Yr11 student) from The Bishop’s Stortford High College explored how translation technology is breaking down language barrier

 

Companies from all industry sectors understand the importance of investment in Artificial Intelligence (AI). It has the potential to transform the way we live and the ability to tackle inherent societal challenges. Whilst on work experience from the Herts and Essex High School, Yr10 student Emily Hollins explored its future impact and opportunities. 

Microsoft research has highlighted that there is just a 5 year window to ignite STEM passion in UK schoolgirls before interest markedly drops off (between the ages of 16-17). Charlotte Brown from the Bishops Stortford High School is a keen Yr12 Maths student; she has recognised in her studies that girls are significantly underrepresented in STEM, therefore wanted to research why and what is being done to help rectify the situation.

Olivia Singh (Yr10 student) from the Herts and Essex High School explored the levels of technological development in Japan and China whilst on work experience, to ascertain which is the emergent superpower competing with the USA.