Technology advances at a fast pace, and many people struggle to keep up with the specific terminology related to emerging tech. To help with this, Intetics has developed a Vocabulary of Emerging Technologies, a kind of open-source reference dictionary that defines emerging technologies and IT trends. To crowdsource the expertise of people in specialist fields, anyone can contribute their own definitions.

Businesses of all stripes are under pressure to evolve and go digital in order to stay competitive in today’s market. Companies around the world are incorporating blockchain, VR, cloud computing, and more. This also means that existing digital models need to be frequently updated, or even be re-built from the ground up to integrate with new tech trends.

The Vocabulary of Emerging Technologies is intended as a resource for all industries to use to stay up to date. After all, if you are hiring a development team to create custom software for your company, it is important to be able to articulate your needs and understand the team’s advice. You also want to be able to monitor new trends and recognize which ones will benefit your business, preferably before your competitors do.

Organizations need to stay ahead of the curve when it comes to tech trends so that they can become innovators rather than imitators. It’s the products that pack the latest innovations that have the most impact on customers. But it’s not all about market competition. The industry as a whole benefits from collaboration and knowledge-sharing, as the combined insights from different sources may be just the spark that fuels the next development. This model has been especially successful in software development, with the popularity of open-source programming languages. Open collaborative tools such as the Vocabulary of Emerging Technologies can form a cornerstone of this approach

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