The wearables market has exploded over the past several years with the introduction of smartwatches, smart glasses, fitness trackers, and health monitors. Trying to get 10,000 daily steps? Join the club. Below are a few usage applications where cutting-edge technology made transformational improvement to the traditional industry: There are a few classifications and they change every day, but generally, any company that creates something that solves a problem in a brand new way through technology innovation counts. What qualifies as a cutting-edge technology company? Buying slices of shares in different stocks helps diversify your investments, potentially reducing your risk and maximizing potential returns. In other words, instead of having all your money tied up with one share of a pricey stock, you can now buy slices of one share in multiple stocks. Buying slices of shares in different companies enables portfolio diversification, and can lower your portfolio risk exposure to one single stock. This is great if you want to buy a stock that is more expensive than what you have budgeted. Should the price of that stock rise and you decide to sell, you would earn a return in proportion to your original slice. For example, if a company you like is trading at $100, but you have only $20 to invest, you could now buy 20% (or 1/5) of a share of the company. Now, you can invest in your dream companies with whatever dollar amount you have. Thanks to slices, investors can buy stocks without having to purchase the whole share. This leads to the current public market status quo that only the wealthiest can capitalize on long-term investing.įractional shares, aka slices, change all of that. As these companies ask for a higher cost per share, many people with low investment budgets usually don’t have enough money to invest in these companies flexibly. There are many publicly-traded cutting-edge companies, with the majority of them priced above $100 per share. The companies that are able to turn those cool ideas into workable, profitable products and services are considered to be cutting-edge technology companies. Now, it’s likely that a machine algorithm decides which ads you saw today based on data about your purchase preferences augmented reality enables us to “wear” clothes and “put on” lipsticks at home payment processing technology made it possible to enjoy instant online payment without physically going into a store chips and tracking system let us easily track our orders on every move until they hit our doorsteps.Ĭutting-edge technology refers to technological devices, techniques, or achievements that employ the most current and high-level IT developments in other words, the newest latest.īecause of how quickly we develop new technologies, one technology might sound impressive this year, but might be rendered obsolete without user adoption. Think about the shopping process we just went through and consider how much cutting-edge technology has reshaped the modern-day shopping experience. Now, with the help of cutting-edge technology, everything has changed. The world of commerce was full of unknowns. You would never know if the shirt you bought would fit you, if the color would look good on you, and if your package will arrive on time. Then you would order it on paper, mail a check, and then wait a month or so before you could actually see the item in person. Not too long ago, when you wanted to buy something, you had to wait for a catalog to come in the mail. Identifying companies who have the potential to come up with the cutting-edge technology and investing in those companies tend to be riskier investments that come with greater, though not guaranteed, potential upside.Space exploration is making a comeback, thanks to the government and private companies.New startups and old legacy companies both continue to disrupt traditional industries through technology innovation. Cutting-edge technology is ever-evolving by nature.
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