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Tag: technology

4 Strategies to Win Big in Online Poker

Online poker tournaments make competing easy for amateur players. You won’t have to drive far away from your home, and the buy-in is affordable for anyone. In 2003, Chris Moneymaker was the first person who qualified online to win the World Series of Poker (WSOP) Main Event. The entrance fee for the satellite tournament he entered was less than $100, and he got $2.5 million. Anyone can play poker, but you need to learn all the ins and outs of the game before you can win consistently. Here are some strategies to help you win big in online poker.

1. Be Prepared to Play for a While

Online tournaments often start with huge fields of players, and they can take several hours to complete. If an event starts in the evening, you should be prepared to play for most of the night. Make sure you can get plenty of sleep, and don’t schedule anything important on the day after a big tournament. You could need that time to sleep. Poker strategy is mostly mental, not physical, but staying fit, exercising, and eating healthy foods can give you more endurance than other players. You’ll be less likely to make mistakes because of fatigue.

2. Be Patient

Every poker player wants to stay in the game and try to win, but folding can be a much smarter decision. You should fold more hands than you play. That way, you won’t have to risk much of your bankroll without a good chance of winning. Playing is more exciting and entertaining, but you can learn how other players behave by observing hands after you fold. You can find out who bluffs most and whether players have tells by waiting patiently to see how several hands play out. That way, you can make the best decisions about whether to fold.

3. Make Sure You Have Some Extra Cash

In many online games, wealthy or successful players can call your raises with huge holdings, forcing you to fold. To avoid this, you should always have much more than the minimum buy-in available. For example, if the minimum is $20, you should have about $4,000 to keep wealthier players from beating you. Having some extra cash also lets you take a few losses and be prepared to come back during the next hand and win. Just make sure you don’t risk a lot until you bet some experience.

4. Use Poker Software

Many computer programs can help you analyze the behaviors of other players. Poker replayers let you replay a hand or an entire tournament to learn more about your opponents. Many programs can also color-code players based on their strength or provide a heads-up display (HUD) with detailed information. You can also take notes or use software to help you play multiple hands at once.

Starting as an online competitor can be challenging, but you can become a winner with smart strategies and practice. Concentrate, keep improving your skills, and remember to have lots of fun.

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Why Fintech Cybersecurity Needs More Innovation Than Ever Before

The cybersecurity industry has been under heavy fire recently due to the breaches of major corporations around the world, especially in financial institutions. Such breaches ingrained alarming insecurity, fear, and anger in all of us because the resulting fallout of the hacks left millions of people’s sensitive data open to theft.

The threats, however, respond in kind with consistent innovation that seeks to fool even the greatest information security firms. Individuals only have a limited amount of resources to fight the wave of hackers that seemingly grows every year. In this article, we will discuss why we need more cybersecurity innovation and what we can do to increase our chances of staying secure online.

IoT: Innovations and risks

The Internet of Things is the shared goal of tech companies to make every single object that you use on a daily basis a smart device. Essentially, your toasters will connect to the internet and will converse with your refrigerator. In addition to this, your toaster will even check for the best toasting practices and your fridge will automatically buy the groceries that you run low on. This utopian kitchen may sound like a dream, but, it has the potential to be hackers paradise.

When every device is connected to the internet they are simultaneously being exposed to millions of potential threats. With the explosion of blockchain technologies, this heightens the threat. While a toaster on the fritz doesn’t sound like a major threat, your smart home being compromised is always dangerous.

For instance, if a hacker break into your toaster than that means that they are most likely in your network. Once in your network, they could potentially connect to every device that is connected to your network and steal your family’s sensitive information.

Why security companies are lagging

This presents a major problem for IoT companies, cybersecurity companies, and early adopters of the technology. There is an immense risk for connected homes as they are dependent on their network being fast and reliable.

The common family does not have the resources or expertise to deal with a compromised system. Once a home network is breached, we must call a cybersecurity company to aid us in our struggles.

Cybersecurity companies have a difficult time keeping up with the myriad of mutations that spew forth from the underbelly of the internet. They too, like most of us, rely on the services of our largest IoT companies like Google and Apple.

The IoT companies, in kind, are under a constant stream of cyber-attacks that occasionally leaves them vulnerable. It is, in fact, this hierarchy of hacking exploits that creates a lethal chain reaction that has the ability to shut down smart homes and, potentially, smart cities.

How to be proactive in a dangerous time

All is not lost, however, as there are a number of tools that users can employ to secure their devices and networks. Passwords are, truly, our first line of defense against malicious internet users that want to steal, or commandeer, our data.

A good, strong password consists of no less than 8 alphanumeric characters, switched cases between upper and lower, and special characters. A password generator can be used to automatically create strong passwords that can be used for any system with any password length requirement.

After creation, it is suggested that you use a password manager to securely encrypt all of your passwords in a central location. A good password can completely thwart the advances of brute force hackers and disallow unauthorized users from accessing important files. This, in addition to file system encryption, can make your devices as safe as humanly possible.

Conclusion

From toasters to tablets, these days you need cybersecurity for everything that you use on a daily basis.

The overt betrayal of our trust in massive, unsecured companies has made us all too aware of the risks online. In response to this, innovation in cybersecurity has reached a new zenith in pursuit of a better and safer internet.

Cybersecurity companies alone cannot deal with the massive threat of hackers without major innovations in the industry to keep up with the incredible influx of malicious users and the software they create. The best chance we have is to make our passwords strong and wait for the cybersecurity companies to deliver a solution to the growing problem of hacking.

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3 Things You Need to Know About Safety Initiatives in Factory Settings

Remaining safe in a factory environment can be a challenging experience for everyone involved. From the employee who works at the front of the facility handing out supplies, to employees removing items off the belt that is moving, there are so many different things that can happen in the course of a day’s activities.

Therefore, the job of keeping safe is not the responsibility of the safety specialists only, but also a job that is meant for everyone to be involved. Hence, when management is concerned about what they can do to make sure the entire organization in a factory environment remains safe, one of the best ways to address their concerns is to use the team concept along with winning company safety awards. These safety awards can be won by submitting ideas that will protect anyone who works in the factory.

Having said that, here are some things that the heads of these factory facilities can do to promote these initiatives.

1. Collective Actions — Shows as Benefits

Each employee is always responsible for their safety. Whether they are driving a vehicle around the factory or moving boxes from one place to another, each worker has a certain responsibility that they need to be aware of. However, even though each individual can make a difference in cutting down accidents and injuries, a collective team effort can also have an awesome effect on making sure everyone is safe. As a team, innovative ideas in a factory can be implemented to identify places that would not otherwise be addressed. You can reward those teams that are showing excellence in safety education for the factory. For instance, as a part of the crystal awards winning team, workers can ensure safety risks are addressed and taken care of expeditiously without delays.

2. Give the Team a Challenge in Presenting Up-to-date Information in a New Manner

When newbies come into a factory setting, the human resources area normally introduces them to the safe practices that they will need to adhere to. For instance, the very basics of being ready for work in a safe way is to wear the proper attire, shoes, and headgear. The safety of the person will often depend on what they may wear on their feet if there are places in the factory that can cause an injury to the legs and feet. When this is the case, the person will need to wear steel toe shoes for their protection.

Hence, when the initial training is done, the HR reps will not only tell everyone what they should wear but also why it is so critical to the safety of that person and others. Keeping this in mind, the presentation of this information can be presented in a creative way to capture and keep the attention of the newbies so that they will always remember. For instance, some organizations may add engagement as one of the best ways to re-enforce what everyone learns by creating an active team environment of participation for everyone to get involved with safe ways to lift heavyweight items.

3. Sponsor Contest for Safety Themes for the Organization

In addition to updating employees when they first enter the doors of the factory, it is important that people in this environment stay alert at all times. Staying alert is not always as simple as some people think, particularly as people begin to do the same activities over and over again without thinking. However, to avoid this complacency in the workplace, you can get the employees involved with ideas that will make them think. For instance, whenever a company would like to get the workers involved with their safety campaigns, they may choose to encourage employees to participate in safety contests. These safety contests are not only great for generating high interest in these areas but can also lead to awards.

For instance, if a specific team identifies a practice that everyone is doing that’s not really safe, they may not only report what the incidents are that they see but also offer a solution or remedy to eliminate it completely. Whatever the case, this is a great Kodak moment and an excellent way to award these teams for helping to eliminate and keep down workplace injuries and accidents. In fact, based on which team does the best in eliminating these problems, they may also be eligible for several types of safety awards.

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Video Production: Utilizing The Power Of Video

I really like working with videos. YouTube has really gotten to be the giant in video production and everyone loves how it’s set up. “Lights, camera, action!” If you ever wanted to write, direct or star in your own television program, it’s never too late. You can have fun while creating programs and public service announcements for nonprofit clubs or volunteer organizations. And you don’t need a million dollars or a degree in film or video production. There are people to help teach the basics–and it’s free of charge.

Summer is heating up, which usually means video production news is cooling down. However, fresh on the heels of (an albeit disappointing) NAB and with some exciting announcements from Canon, Blackmagic and DJI, June has had its fair share of exciting news bits already.

So, before you trade in your cameras and lights for beer koozies and swim trunks, check out these must-read articles for June.

I’m going to ignore all the stats that tell you how many businesses are using social media videos, and how it’s become such a huge thing. Because, you probably already know that. It’s an established fact that social media videos can work incredibly well for business purposes.

Social media is an amazing way to reach and convert customers without spending huge amounts of advertising dollars. Businesses use social media videos to:

Drive traffic to their sites

Sell their products and services

Educate their potential clients

Engage with their potential customers

Social Media videos can be so effective when used for branding and public relations purposes as well.

Ways for creating effective social media videos:

The first few seconds of your video might be the most important.
Viewers tend to scan their social media quickly, stopping only when something grabs their attention. This means that you’re going to have to catch their attention in the first few seconds. The video below is a simple example of a video that does this (and I thought you might enjoy viewing it). This video show’s you the delicious end product right up front. It let’s you know exactly what you’re going to see, and makes it look appealing (at least to chocolate lovers).

What if your product or service isn’t as exciting a a chocolate dessert? You’ll still need to appeal to your viewers in the first few seconds through other means. Here are some ways you can achieve that:

You can pull at heart strings by showing something related to your product, service or company that’s emotionally involving.
Show them someone solving a problem by using your product.
Use words on the screen to show that you’re an expert who’s going to answer an important question.

Start with highly engaging images that are either beautiful or compelling in some way.

The list goes on. Whatever you show, it needs to be compelling right up front.

We all know that YouTube has become the biggest and most popular platform for brand storytelling and for sharing video content online. It’s also a great way for people to express their creativity, make some extra money, promote themselves or their business, and possibly even become a massive “Internet famous” celebrity.

So, If you’re considering becoming an official YouTuber, there are several things you will need to prepare—the most important being your essential video equipment.

And also, we know creating quality videos is not as easy as it looks. Luckily, you don’t need to have a lot of technical know-how to produce the kind of content that people will enjoy watching—you simply need the right equipment.

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Top 8 Financial Trends to Watch Out for in 2019

In a last few years, we have seen digital-based services booming in online banking and financial industry. The technology trends in 2018, such as instant payments through mobile wallets, social networking with customers, plastic money, apps for investment tools, have taken a leap to bring many more such innovations for 2019. Below we have listed the latest financial trends that can take the 2019 year by a storm.

1. Micro-Financing and Peer-to-Peer Loans

There are several private finance companies that have opened up unique ways of funding the financial needs of people in 2019. Micro-finance or small amount funding is usually not done by traditional banks. Thus, micro-financing companies are one of the ideal choices for people who need quick money for a short-term.

Also, peer-to-peer loans are becoming easily available. The P2P platforms allow borrowers and fund-providers to communicate amongst each other on their websites to borrow and lend money, removing the strict regulations, process, and eligibility criteria posed by banks and NBFCs.

2. Business Credit Ratio

There is a growing hunger among the mass to become entrepreneurs. The government has also taken proactive steps to fund start-ups to its best with lucrative loan offers. Thus, more banks and NBFCs are leveraging the unsecured business loan product. The interest rates earlier were higher, and now they start at 12% only. Government and private funding to existing and new businesses are also encouraging young entrepreneurs to try their hand at self-business, more confidently in 2019.

3. Rise of Fintech Firms

Customers are not only preferring mobile banking, but finding new ways to access financial products under a single platform. FinTech firms are the ones that offer people such freedom. They give customers opportunity to refinance loans, borrow money from banks for the first-time, and access top NBFCs and banks for funds, crowdsource, and a lot more.

4. Increase in Investments in Fixed Assets

With global market volatility, young and amateur investors are looking towards investments in fixed assets such as insurance policies, real estate properties, gold, fixed deposits, PPFs, and similar products. However, this has also given rise to need of wealth managers and investment advisors who can help people select the right investment tool and grow their investment portfolio. As the global and national economy stabilizes, people shall take on to risk-taking investment options as well.

5. Growth of Blockchain Technology

Blockchain is the technology leading to digital currencies such as Bitcoin. It is an open distributed ledger and efficiently keeps a record of transactions between two parties, which can be verified. The tech community is now finding ways to optimize blockchain technology, as it is one of the most secure and safe for trading anything from ideas, royalty fees, money, and a lot more. It does away with middlemen, who were earlier required to ease these transactions, which can now be completed virtually.

6. Hiring of Financial Experts

While customer support team in financial companies earlier were crowded with professionals with educational background in non-finance field, things have become stricter today. Now, only those with relevant experience in company-focussed financial product/service are selected for the job. They go through intensive training and are expected to make as minimum errors as possible, as customers demand for a more accountable customer service, making financial firms to tighten the shoelaces.

7. Travel Finance

Group-travel to destinations is not a thing of the present, but an activity which people engage in from years together. However, travel finance has never been as accessible as today. In 2019, we can expect airlines, banks, credit companies, and private sponsors to fund trips of diplomats, and people who wish to travel the world for educational purposes. There has been an increase in research-purpose travels and banks easily fund travellers for a trip, if they have sufficient repayment capacities.

8. Chatbots and Digital Assistants

Chatbots can reply and engage in conversations with people in natural language, which combines the understanding of a company’s service/product, and input of data set. These can aggregate requests that are location-specific, synchronize phone conversations, improvise on customer support experiences, take specific requests, spot repetitive problems, and a lot more.

These are the future of technology in 2019 and have already replaced customer support processes. Now, one can type to and talk with chatbox to resolve basic issues, access a service, etc. These are also used to create personalized content, which required human interference earlier.

The above-given financial trends are the latest for 2019. As we step into the year month-by-month, more such trends will lay foundation to what we can expect in the finance industry a year thereafter.

Author Bio: Satchit Hasabnis is a Chartered Financial Analyst who has more than 10 years of experience in the finance industry. He co-founded, Loanbaba.com, which provides quick and easy loans like Personal loans, Education Loan, Business Loans, and Gold Loans etc to people of different economic backgrounds.

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Bose Home, Soundbar and Bass Module: Review

The reviewer has been compensated in the form of a Best Buy Gift Card and or received the product service at a reduced price or for free.

You know we at Money and Technology love watching great movies, upgrading technology and of course using Alexa. Once before, I was kind of nervous about using it, but, now that we have implemented it, I think it’s great and I am having a fun time using it. So, today we are going to talk about our next technology upgrade which is the new Bose Family of technology fun time!

Super Base Sound

Unlimited entertainment possibilities. The new Bose family of smart speakers and soundbars has built-in voice control from Amazon Alexa that puts millions of songs at the tip of your tongue. And with Wi-Fi® and Bluetooth® compatibility, you can wirelessly stream whatever you want, however you want. Plus, future software updates will add new features.

Control goes way beyond voice

Enjoy one-touch access to the music you love or manage it all from the Bose Music app. Want more music in more rooms? The new Bose family of smart speakers and soundbars works together. The Bose Soundbar 700, designed to be the world’s best soundbar, delivers an unmatched combination of sophisticated design and exceptional sound. The stylish Bose Soundbar 500 has a thin profile that fits discreetly under your TV, while its powerful acoustics fill the room with sound. And the Bose Home Speaker 500 delivers the widest sound of any smart speaker.

Bose Smart Speakers

Do you want more music in more rooms? The new Bose family of smart speakers and soundbars works together. The Bose Soundbar 700, designed to be the world’s best soundbar, delivers an unmatched combination of sophisticated design and exceptional sound. The stylish Bose Soundbar 500 has a thin profile that fits discreetly under your TV, while its powerful acoustics fill the room with sound. And the Bose Home Speaker 500 delivers the widest sound of any smart speaker.

Start your holiday shopping early at Best Buy and pick up this amazing Bose System today!

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Google Chromecast: The Best Streaming Media Player

You know, I’ve been playing with the Chromecast for a few days now. And so far we’re impressed, and not just by its low $35 price. It’s one of the easiest ways we’ve seen of adding Internet-based content to a non-smart TV. And it appears that a number of people feel similarly; as we were going to press, the Chromecast was out of stock at all the online retailers we checked, including Amazon, Best Buy, and Google Play.

And, I am not as eager as many of the Apple fan girls and boys, but I totally dig my iPhone, iPad, and even my Apple TV. But these are just a few examples of how much people will act over all things Apple. So when a product is released that throws a beat down on one our Apple products we figured we owe it to you to let you know. For this very reason, and well, because it’s awesome and CHEAP, we wanted to provide you with a Google Chromecast review take some time to tell you why Chromecast may be a better option than Apple TV.

You See it. Stream it.Google Chromecast Streaming Media Player

I do SO much on my devices and Google Chromecast is here to help make things easier! And Google Chromecast is designed to make the most of the apps and entertainment already on your phone. Shows, movies, live TV, YouTube, photos and more. It’s all just a tap away from all of your family’s devices.

Even better… this will allow you to save money by cutting the cord to cable and streaming their entertainment with the Google Chromecast Streaming Media Player.

 

Well how does this work?

Google Chromecast works with the streaming apps you know and love! Stream right from your phone to TV simply by plugging Chromecast into the HDMI port on your TV and to power and stream your favorite entertainment right from your phone with just a tap. Watch shows, listen to playlists, and more. And while streaming, you can still use your phone as you normally do.

Enjoy TV shows, movies, videos, songs, games, sports and more from over 2000 apps like Netflix, YouTube, YouTube TV, and HBO NOW. Find more at g.co/chromecast/

Use your voice! That’s right, you can literally just say what you want to watch from compatible apps and control your TV hands-free, with Chromecast and Google Home working seamlessly together. “Ok Google, play Stranger Things from Netflix on my living room TV.” How cool is that!?

And one of my favorite things about all of this is that it’s already compatible with your existing HDTV! It will easily connects to high-definition televisions with HDMI connectivity.

I’m all about making life easier and gadgets like Google Chromecast are all about EASY.

Get Your Google Chromecast

The entertainment options are endless. The new Google Chromecast plugs into your TV’s HDMI port to open up a world of entertainment — controlled through your mobile device. Cast TV shows, movies, music, or games from your favourite apps, and discover new apps, features, and recommendations through the Chromecast app.

The Chromecast has some limitations, though. For example, it lacks the breadth of content offered by many streaming-media players such as Apple TV or Roku, it can’t do full AirPlay-like mirroring of portable devices, and you can’t stream local content stored on your phone or tablet.

This is a sponsored article written by Money and Technology on behalf of Best Buy.

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Three Ways In Which Technology Will Change The Way Houses Are Sold

Real Estate Agents’ fees in the US are amongst the highest in the world. The typical vendor in the States will have to pay out an average of 6% of their sale to agents. Whilst most people believe that having an agent is worth the price to prevent endless headaches, there are some who prefer to go it alone, successfully. With this in mind agents across the world are seeking to use new technologies to help add value to their services. Here are three of the best.

Laser Scanning Of The Property

This is the backbone of all the other options available to agents. Highly accurate scans of the spaces by lasers can be pieced together on a computer to give results that are more accurate than architectural plans. These scans take next to no time and leave the agent with a virtual 3D model that can be exported into other system (such as virtual reality) as well as producing simple plans for buyers to view. Currently, laser scanning just makes plans of rooms but as the technology improves and becomes cheaper it will be possible to scan in other things easily, such as furniture.

The Virtual Tour

Sick of open houses filled with sweaty couples you know don’t deserve the house you are looking at as much as you? Unable to travel halfway across the country to view your new home? With 360 degree photography that can be combined with laser scanned models agents can produce virtual tours. From the comfort of your current home, you can don a set of VR glasses and take the time to decide if it is right for you. Whilst VR takes away a lot of the power from an agent it makes up for this by expanding the market and providing significantly better customer service.

Augmented Reality

“Suddenly a wild Pikachi appears!” Augmented Reality (AR) is not just for Pokemon GO anymore. AR allows you to see virtual images within a real space. By using a special headset, smart glasses or even just your cell phone, you can make an otherwise conventional property visit come to life. One of the most basic things that AR can do is to clone the agent making it possible for multiple couples to have the same tour at different times. AR also allows agents to stage properties cheaply, putting not just virtual furnishings but whole dinner parties (if they want). In the future laser scanning will combine with AR to allow you and the agent to stage a home you are interested in with your own furniture and fixtures.
AR has another significant advantage over conventional sale methods; the building doesn’t have to be there. AR allows agents to show buyers around building plots, or houses undergoing renovation, whilst they can see the finished projects and physically tour them.

Real Estate agents are like any other business – there are good ones and bad ones. It is possible to save yourself money by avoiding agents and selling directly but this has the potential to go very wrong. Instead, it is best to shop around and get value for money. Finding agents at the cutting edge of technology, who can really earn their keep, is a cost-effective and sensible idea. The future of house sales is changing and soon will be unrecognizable from the system that has been in place for decades.

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2018 Supply Chain Management Trends

Introduction

Technology often affects supply chain management structures. One development in the past 10-20 years shaping the way supply chains operate is the increased use of Internet shopping. Will wholesalers and retailers keep up with SCM Changes?

Overview of Supply Chain Management

A supply chain is the path that goods or services travel, which is a journey that supply chain management oversees. For tangible goods, this process usually begins in a factory where items are built and ends with those pieces in customers’ hands. Service SCM often starts at a place of business where customers will have access to help they need, and these customers also might use online or telephone communication to make service requests. Some businesses choose to have an internal team handle SCM, while others hire outside experts.

Latest Trends in SCM

Because of the increase of online shopping, companies now strive to make delivery times as short as possible for as inexpensive as they can. This initiative involves the use of visualized data for tracking orders and shipments. To shorten delivery times, some businesses also have planted factories and warehouses closer to where customers live.

Along with data visualization and localized manufacturing facilities, current SCM practices seem to demand the use of the Perfect Order Index indicator. A company with the best POI is the one who ideally ships all orders on time with no damage or loss occurrences — or at least does ship perfect orders nearly 100 percent of the time.

Artificial intelligence technology including the use of drones, which also can speed up delivery, is another new SCM trend. Automation of purchases and orders works in conjunction with this recent SCM development. In some cases, this includes automated transaction procurement at both the business-to-business and business-to-consumer levels. It may also include automated invoicing along with immediate delivery of payment receipts.

Current SCM trends might seem impersonal to some shoppers. One challenge that both wholesalers and retailers face right now is providing the one-on-one customer service experience many consumers still crave. B2B clients also might still demand VIP, face-to-face service.

Conclusion

Offering the best of both worlds, which includes the efficiency that technology can provide combined with a physical presence near delivery destinations, could bring back the hometown feeling many people remember and miss from their younger days. For instance, local grocery stores delivered milk straight from a nearby farm to homes at least once a week. This took place at least until the early 1980s and is in a way happening again with online ordering being the major difference.

Combining digital order fulfillment technology along with the “mom and pop” feel of local pickup that some customers prefer could put a company ahead of their competitors.

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Video Formats: A Quick Guide to Understand Them Better

Trying to understand video formats can be a bit tricky, especially since most people have the wrong idea about them in the first place. To clarify the extensions that you see in video files (i.e. MOV, AVI, MKV, and MP4) are just one part of the video format – known as the container.

The actual video format consists of another part as well, known as the codec. Both the container and codec have a part to play in the video format – and it is important that you understand their roles.

Containers

Think of a container as a wrapping that is used to hold together the various parts that make up a video. Typically two of the parts in modern videos are the video data and the audio data, but there may be other parts as well such as data regarding captions, menus, and so on.

Because it needs to contain all these various types of data, the container is also what determines the features that the format supports. Some containers support a wide range of features, while others are much more limited.

It should be noted that some containers are only able to contain video or audio data that is stored in specific codecs.

Video Codecs

In contrast to containers, video codecs are the part of the format used to organize the video data. It basically processes the video and stores it digitally by using algorithms to shrink its size by arranging it more efficiently and (in some cases) discarding data that is deemed ‘unnecessary’.That is why video codecs determine the compression that is used by the video format. If data is discarded then the compression is ‘lossy’ and will be able to reduce the file size of the video more. However if no data is discarded the compression is ‘lossless’ – but will normally have a larger file size.

The video codec is responsible for both encoding and decoding the video, i.e. it compresses it for storage and then reconstructs the video and displays it when it needs to be viewed. Modern containers store video codecs internally, but there may still be compatibility issues at times.

How it Fits Together

Now that you’re aware of how containers and codecs work – you may be starting to appreciate how they fit together. To put it simply the ‘format’ consists of a pairing of both – and you should select it based on:

* Compatibility with the device or platform you want to view the video on, as well as between the container and codec you want to use.
* Compression that the codec is able to provide in order to reduce the file size of the video.

* Features that the container supports, to ensure that you’re able to store all the data that may be required.

It is important that you consider these three factors when deciding on a container, codec, and ultimately video format. In some cases the converter you’re using may have presets that simplify the options somewhat, as is the case with Movavi Video Converter (http://www.movavi.com/videoconverter/) for example.

By this point you should understand video formats a whole lot better – which is good. The better your understanding of video formats, the better you’ll be able to figure out which one you should be using if and when you need to. Video Formats: A Quick Guide to Understand Them Better

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