10 Terms You Need to Get Used to When You’re New to Tech Industry
source link: https://uxplanet.org/10-terms-you-need-to-get-used-to-when-youre-new-to-tech-industry-2ef981d3f78a
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
1. Fintech
Fintech is the combination of the words “financial” and “technology.” It is about finance and technology coming together to offer innovative solutions o businesses.
Since the internet and smartphone revolution, financial technology has grown explosively. Fintech relates to a variety of financial activities like money transfers, managing your investments, use and development of cryptocurrencies such as bitcoin, etc.
2. Big Data
Big Data refers to a huge volume of data that accumulated in a very short time. Social networking sites like Facebook, Twitter, LinkedIn, and YouTube receive a huge volume of data on a daily basis. In a short span of time companies can boost their sales by using this information.
Oxford dictionary says Big data is “extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions”.
3. Artificial Intelligence (AI)
AI is the technology that mimics human intelligence. It’s the copycat of human behavior. Based onhuge amounts of data, AI can learn and self-correct from experiences and adjust to new inputs. It is excellent at finding patterns in data.
4. Internet of Things (IoT)
Internet of Things means devices that are connected through the internet in a way that the devices can talk to one another. Like they can start, stop, or control each other without human interaction. A good example would be a vacuum cleaning Roomba in your home that you can control with your smartphone from your office.
5. Blockchain
Blockchain is a database where it stores information in blocks then chained together. When new data is entered into a fresh block, it will be chained onto the previous block, creating a chronological order. You can't change any given block without changing all subsequent blocks. To simply put, it is an append-only ledger. This new way of network helps decentralize trade and allows for more peer-to-peer transactions like the picture shown below.
6. User Experience (UX)
UX is the way a user interacts with a product. It is how a user feels when interacting with the system. UX designers study and test how users feel about a product or system. They consider everything related to user experiences. Things like the ease of use, utility, comfort, and efficiency in task performance, etc.
Don Norman on the term “UX”. Source: Nielson Norman group, 2016.7. User Interface (UI)
UI is how a product’s design is laid out. It is more about visual elements. Like where the buttons are, how big the fonts are, and how menus are organized are all elements of UI. Remember UX is how you feel about using a product? So, for example, the new look of Instagram involves a change to UI, and the way you feel about it is the UX.
8. Front-end
Frontend and backend are two of the most used terms in the tech industry. Front-Enddevelopment deals with the details of your website or app that the users see and interact with. This includes images, navigation menus, buttons, etc.
9. Back-end
Back-End development deals with the side that is hidden from the users. It includes complex tasks like data saving and organizing. The back-end communicates with the front-end to make sure that the web is working properly. If a user fills a form in your website, the back-end processes it and returns the relevant information that is then displayed on the screen.
10. A/B testing
A/B testing is a controlled experiment for comparing two versions of the design. The goal is to identify which one is more successful. It is a way of testing the designers’ hypotheses. A/B testing allows them to confirm whether the hypotheses will work out well or not. It helps you with making the right decisions.
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK