Creativity is the essence of the tech world and it is evident even with the names of tech companies. There is a story behind the names of most of the companies.
Here’s a look how some of these well-known tech giants got their names:
- Apple – Steve Jobs liked apples a lot. The other reason he named his company ‘Apple’ was that “Apple” was ahead of “Atari” in the phonebook and he used to work at Atari.
- Amazon – Bezos wanted his book retail site to be so quick and easy that it seemed like magic. The site went online in 1995 with the name of Amazon, taken from the Amazon River for being the biggest river. Clearly, Bezos had big ambitions right from the start.
- Google – Google took its name from a deliberate misspelling of Googol, the word that represents 10^100, or a 1 followed by 100 zeroes. Why this? Simply because founders Sergey Brin and Larry Page wanted to convey the huge amount of data they intended to make available.
- Microsoft – The company was officially established in April 1975, with the name coming from a combination of “microprocessor” and “software” – which is fitting given that they were creating software for the Micro Instrumentation and Telemetry Systems’s (MITS) Altair 8800.
- Oracle – This name started as the code for a project that co-founders Larry Ellison and Bob Oats worked on for the CIA. It was a database that was supposed to be able to answer any question about anything.
- Mozilla – In 1994, when a team at Netscape sat around to think of names for a new browser to take on NCSA’s Mosaic browser, what they were looking for was something that would crush the competition. What they looked to was Godzilla. Combining Mosaic with the movie monster brings you to the current day name of Mozilla.
- Asus – The name is derived from the mythological Greek winged horse Pegasus. According to the company’s own explanation it embodies the strength, purity, and adventurous spirit of this fantastic creature, and soars to new heights with each new product it creates.
- Lenovo – The word is a combination of Le and Novo, meaning new in Latin.
- Skype – It’s a combination of “sky” and “peer-to-peer”, shortened to skyper. The name ‘Skyper’ was already in use, so the new name became ‘Skype’.
- Twitter – Founders first thought of ‘twitch’. But ‘twitch’ was not a good product name because it doesn’t bring up the right imagery. So, they looked up dictionary and found ‘twitter’. The definition was ‘a short burst of inconsequential information,’ and ‘chirps from birds.’ And that’s exactly what the product was.
- eBay – The website started out as “AuctionWeb,” a part of the personal website of former Apple software engineer Pierre Omidyar. The website took off, and Mr. Omidyar decided to spin it off into its own entity and name it afterhis consulting firm, Echo Bay Technology Group. When the domain name echobay.com was taken, he switched it to ebay.com.
- Verizon – According to Verizon’s corporate history, the name is a combination of the Latin words “veritas” and “horizon.” Veritas refers to truth and reliability, while horizon signifies forward-looking and visionary.
- Blackberry – This name was coined in 1999 because the keys on the device resembled the drupelets on the fruit.
Technology is constantly evolving. Newer technologies such as smart devices, 3D printing are making headway in their mainstream adoption. The possibilities for where these technologies will take us and how they can impact our lives are endless.
Here is the list of top technology trends with potential to have a significant impact on the organizations.
- Device Mesh – The device mesh moves beyond the traditional desktop computer and mobile devices (tablets and smartphones). As the device mesh evolves, we will see greater interaction between these devices.
- Ambient user experience – The experience blends physical, virtual and electronic environments, and uses real-time contextual information as the ambient environment changes or as the user moves from one place to another.
- 3D printing materials – Advances in 3D printing have already enabled 3D printing to use a wide range of materials, including advanced nickel alloys, carbon fiber, glass, conductive ink, electronics, pharmaceuticals and biological materials. These innovations are driving user demand, as the practical applications for 3D printers expand to more sectors, including aerospace, medical, automotive, energy and the military. 3D printing will see a steady expansion over next 20 years.
- Information of everything – The now a days information goes beyond textual, audio and video information to include sensory and contextual information. Information of everything addresses technologies to link data from all these different data sources. Information has always existed everywhere but has often been isolated, incomplete, unavailable or unintelligible. Advances in semantic tools such as graph databases as well as other emerging data classification and information analysis techniques will bring meaning to the often chaotic form of information.
- Advanced machine learning – Advanced machine learning is what makes smart machines appear “intelligent” by enabling them to both understand concepts in the environment, and also to learn. This area is evolving quickly, and organizations must assess how they can apply these technologies to gain competitive advantage.
- Autonomous agents and things – Advanced machine learning gives rise to smart machine implementations including robots, autonomous vehicles, virtual personal assistants (VPAs) and smart advisors that act in an autonomous manner. Instead of interacting with menus, forms and buttons on a smartphone, the user speaks to an app, which is really an intelligent agent.
- Adaptive security architecture – The complexities of digital business, combined with an emerging “hacker industry,” significantly increase the threat surface for an organization. IT leaders must focus on detecting and responding to threats, as well as more traditional blocking and other measures to prevent attacks.
- Advanced system architecture – The mesh app and service architecture are what enable delivery of apps and services to the flexible and dynamic environment of the digital mesh. This architecture will serve users’ requirements as they vary over time.
- Internet of Things Architecture and Platforms – IoT platforms exist behind the mesh app and service architecture. The technologies and standards in the IoT platform form a base set of capabilities for communicating, controlling, managing and securing endpoints in the IoT.
Apple is the world’s largest IT company by revenue and total assets, and the world’s second-largest mobile phone manufacturer. Here are few interesting facts about Apple:
- The bite in Apple’s logo was added so it wouldn’t be confused with a cherry. The original logo included Isaac Newton perching under an apple tree. That was eventually switched to the one we know today, a simple apple.
- A rare Apple-1 computer built in Steve Job’s garage in 1976 was sold at an auction in 2014 for US$905,000.
- Apple’s cofounder had sold all his shares for $800. Today they would have been worth US$35 billion.
- Apple has more operating cash than US treasury.
- Its brand worth US$118.9 billion. It is the world’s most valuable brand.
- Every Apple iPhone ad displays the time as 9:41 AM, the time Steve Jobs unveiled it in 2007.
- Apple recovered 2,204 pounds of gold from broken iPhones in 2015. That’s worth about US$40 million.
- Apple could buy Disney or Coca-Cola and pay in cash.