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Transition Associates is a business totally based
on intellectual property, the stuff of the mind. These people envision how
information coheres and then put it all together in software programs. It is
now an industry known as knowledge management.
They get into the
learning space of the mind and write these specialized software programs, so
people can dig through libraries of proprietary information and databases in
seconds. Unlike Google, these inference machines are pointing to one or two
pieces of information necessary to make a critical decision. Their customers
are savings millions of dollars every year as a result. The information is
secure but available to the right people from literally anywhere on the planet
with today's PDAs and laptops with pervasive communications.
One of the last
barriers between people seems to be language, and that is increasingly a
non-issue because technology has progressed to give us real-time translations
of documents and speech from one language to another.
(Voiceover) Let's
go north of London to see how one small business is empowering their customers
to reach across language barriers and how they are developing technologies to
handle mundane jobs.
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