Bold Domains

Communications and Security

The communications industry faces constant challenges to provide better services and value to customers. As a result, organizations are making bold moves towards greater mergers and acquisitions, and the adoption of the latest technology in order to maintain competitive advantage. The security industry faces similar hurdles in adhering to ever more stringent standards as cyber threats grow more numerous and sophisticated in nature. There are exciting developments in both industries as they take bold steps towards embracing the opportunities that technology brings such as greater connectivity with IoT as well as the challenges it brings from the threat of hacking.

Digital Transformation

Adapting to the digital age can be complicated and expensive for businesses but necessary to increase market reach and satisfy customer demand. The transformation of how businesses interact with customers through technology has been rapid, and continues to evolve and deepen. While the benefits of using digital platforms for greater customer interaction and better internal processes are clear, the implementation of new technology into existing infrastructure can potentially interrupt business operations and can add significant costs. The challenge for businesses in the digital age is whether to opt for gradual introduction, systematic transition, or a bold and complete overhaul.

Energy

The main topic that features in the majority of energy news is the increasing use and development of renewable energy technology. With further developments in solar power for residential rooftops as well as commercial buildings, and with the growth of wind farms and hydro electric technology, there is a greater push for more commercially widespread adoption by enterprises, governments and increasingly, potential consumers. Traditional sources of power still dominate such as the use of coal, gas, and nuclear power, as they have been fairly stable sources of power for a number of years. However, the developments in renewable energy and the benefits they provide, are beginning to transform the energy sector as new enterprises and traditional power companies look to increasingly invest in renewables.

Food and Nutrition

The key issues facing a rapidly growing global population include food shortages and the effects of food surplus. Increasing populations in developing countries means pressure on agriculture to meet demands. While this encourages more efficient farming and technological innovation, there is a danger that not enough can be done soon enough due to the pace of growth and the constraints of the environment. Help may be on the way by diversification of crops together with more sustainable farming methods. While in more economically developed countries, the danger is the current extensive and intensive agriculture taking place and the effect on the environment to create an abundance of food. The main issue in these countries is nutrition, where people are affected by healthcare problems due to poor nutritional choices in food. Developments in educational apps for health, and efforts towards reducing food waste are gaining strength to make a more positive impact around the world.

Health & Longevity

The rising global population impacts healthcare in a number of ways from key concerns of availability in developing countries to cost and quality in developed nations. There have been opportunities for innovation to provide basic healthcare to everyone despite challenges of remoteness and price in developing countries. Technology and globalization have meant that numerous organizations including not-for-profits, NGOs, and other goodwill groups are getting vaccines and basic medical items to countries severely lacking in supply. Price concerns have encouraged organizations to think of innovative, simple, and cost-effective solutions to problems that perhaps developed nations have overlooked. The future of healthcare in developed countries is in technology, with robotics, nanotechnology, gene therapy, and other developments which have the benefit of funding and talented scientists. While these breakthroughs are occurring, developing nations are also looking into solving self-inflicted diseases caused by poor nutritional choices, smoking, excess drinking, among others. While bold innovation is everywhere, there are often simple solutions to complex problems.

Human Achievement

In recent years, technological breakthroughs have been abundant and continue to propel societies forward through the bold ideas and actions of talented and persistent individuals. The funding of STEM (Science, Technology, Engineering, and Mathematics) and the experts that this field develops, are responsible for many achievements in business, healthcare, energy and society among numerous other areas. Often together with the backing of commercial organizations, public funding and educational institutes, individuals have the ability to test out their ideas to develop something that will have a positive impact on society, from solar rooftops to robotic arms. Society can also benefit from technology being used in different fields such as artificial intelligence software being put to use in traffic equipment to improve flow and save on people’s commutes. From seemingly small benefits to larger and loftier ideas such as colonizing Mars, human beings keep putting bold ideas to action.

Infrastructure

Whether it is the maintenance, extension, or complete overhaul of roads and bridges, or the improvement of communications networks, infrastructure is vital for physical and virtual connectivity. Technology once again plays a key role in advancing every aspect of society forwards. The use of smart systems for traffic alleviates congestion helping people get to where they need to go, while developments in driver-less cars and trucks could revolutionize the way people and goods move around the country. Improved connectivity extends to fiber and wireless networks with the intention of getting everyone connected. With better access to the Internet and other technology, people can improve their way of life through education, and communicate with family, friends and essentially, the world. One of the key issues facing infrastructure is the pace of change where developing countries are using the latest technology to establish themselves while developed nations may begin to lag behind.

Transportation

Smart technology is revolutionizing the transportation industry with smarter systems installed in cars and trucks that connect with other devices to make journeys more efficient. In addition, increasing numbers of hybrid and electric vehicles are being produced with growing consumer demand for environmentally-friendly transport with the benefit of cost savings. With developments in mechanics and electronics, combined with the ability to use software to improve functionality and connectivity, transportation will see big changes in the foreseeable future. The unknown is not so much how quickly adoption will occur as trends towards hybrid and electric cars take hold in consumers, but how will car manufacturers embrace the technology and develop new models. It is also important how governments react in terms of introducing standards whether vehicular or the use of smart systems in infrastructure as to how quickly and how big the impact will be on society.

Law & Society

Society can greatly benefit from reform in the legal system and changes in the educational system. A bold and impactful way of implementing change to positively affect a larger part of society at once can be through law reform. Recent research has shown that changes to taxes can better stimulate the economy. Another impactful way towards a more progressive society is through education, by incorporating technology into the classroom experience, by modernizing the curriculum and by bridging the gaps in educational quality across society.