What is World Wide Technology?

World Wide Technology

WWT is a privately held company provider of technology services based in St. Louis, Missouri, besides its $14.5 billion in revenues. The company employs over 8,000 people and is The 27th largest private company. Data centers, cloud computing, computer security. Artificial intelligence, computer networks, application software development. Cell phone carrier networking is among WWT’s services.

It’s History

It was found David Steward and Jim Kavanaugh as technology equipment resellers in July 1990 by David Steward and Jim Kavanaugh. The WWT Company partnered with Cisco Systems in 1994 to resell hardware and software on their behalf. Also, WWT has established partnerships with several technology companies, including Dell. Hewlett Packard Enterprise, Intel, Microsoft, NetApp, F5, Tanium, and VMware. More than 20 WWT facilities cover over 200,000—storage, distribution, and integration space. In 1996, WWT opened its first warehouse and operated more than 20 facilities.

Founded in 1999, Telcobuy.com, LLC, was established as a separate company owned by WWT, Steward, and Kavanaugh. The company announced $27.5 million in venture capital in March of 2000 after its revenue had grown to $246 million the previous year. It was a plan that Telcobuy would issue an initial public offering of around $100 million. But as the dot-com bubble burst, the project was withdrawn in the early 2000s recession due to recession as the company started its operations with 440 employees in 2001. It gradually reduced its workforce, and the founders took a 40% pay cut while keeping the company afloat. A holding company was formed in January 2003 to reintegrate the company back into WWT.

To increase the capacity for secure system configuration. WWT has created its first large-scale integration lab in St. Louis. It should be noted that additional integration labs have been established in Europe and Asia, with locations opening in Amsterdam and Singapore in 2015 and Mumbai in 2019, respectively.

WWT opened the Advanced Technology Center in 2009 to facilitate hardware and software evaluation by engineers, customers, and partners. An online version of the Advanced Technology Center has been made available to the public.

Asynchrony, a St. Louis software company, acquired WWT in 2015

The St. Jude Children’s Research Hospital Patient Care App developed by WWT won two Webby Awards in 2020 in Health & Fitness and People’s Voice categories.

Between 2012 and 2022, WWT was named by Fortune as one of the world’s 100 Best Companies to Work For.

WWT was named among the 100 Most Influential Companies in Time magazine’s category “Leaders” in 2021.

Become a Sponsor

  • “Bubba” Wallace, Jr., a Richard Petty Motorsports driver, signed a sponsorship deal with WWT in 2018.
  • Gateway Motorsports Park has a naming rights sponsorship from WWT earlier this year, now known as the World Wide Technology Raceway.
  • As well as sponsoring Graeme McDowell, WWT also supports Billy Andrade, a member of the PGA Tour Champions.

AI: Will It Take Over?

Rene Descartes is a mathematician, epistemologist, and rationalist whose work laid the groundwork for modern philosophy. Specifically, a strand developed by Hobbes and Locke informs much of the 17th century and subsequent state and social formation.

He had a relationship with a servant (Helen van der Strom), who gave birth to a young daughter Francine, to whom he was very attached. Descartes’ distractedness led him to build an automaton (clockwork, lifelike doll) in her likeness when Francine died of scarlet fever at age five.

The ‘doll’ he carried with him when he traveled (in a casket) was always with him. It was a stormy night when he was traveling to see Queen Christina of Sweden, so the ship crew Snatched the doll, broke it, and threw it overboard. Whether the incident affected Descartes’ health immediately is unclear, but he died shortly after that. Click Here

We Fear Technology

Robots may replace humans in various ways, which can raise concerns about the relationship between humans and machines.

As we have written frequently about (i.e., ‘Talos’), the relationship between humans and machines will cut through the world’s advance (or decline) for many years. With my limited vision, I will attempt to classify this megatrend into two different categories – as far as I can perceive, there are at least two possible aspects to this megatrend – there are the risks of machines taking over our (human) world (AI). There are risks of machine-led worlds emerging outside our world (Defi, Web3/metaverse). Read More

Machines could endanger the human race, in the case of the former. I wrote in ‘The Final Problem’ about the possibility of weaponized AI, the use of AI by ‘bad’ humans, the use of robots in war, as well as the creation of chemical and biological weapons by AI (Weaponized AI, the use of AI by ‘bad’ humans).

Using web3

Defi (decentralized finance) and Web3, whose architects had boldly declared independent of the ‘old’ system, now appear adjuncts. Web3/metaverse’s early hype suggested humans could stay there for a long time, but now it looks like a country they can visit. In Hertfordshire, I attended the Validify digital retail conference last week, which demonstrated the consensus view that Web3 could assist consumers (try clothes or mock-up home decor). Still, it will not necessarily compete with ‘our world.’ Similarly, decentralized finance has failed to rival the incumbent financial system; Incumbent players are adopting its most valuable elements, such as digital asset infrastructure.

There is a correlation between the modesty of new ‘inventions’ and rising interest rates (and decreasing market liquidity), suggesting that In the drag of new technologies, many innovations are won by cheap money, as with Descartes’ time in the Dutch Republic during the Tulip Bubble. Sometimes, cheap money and sound design/branding allow new technology-led companies to grab market share, build new supply chains, and make consumers’ lives easier (some fintech companies and consumer platforms do this).

As a result of cheap money, investors and the broader commercial marketplace can also see The Metaverse as an example of ‘new commercial worlds’ having the same potential commercial potential as the human world if they are created using cheap money. This idea is going out.

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