Sunday, December 7, 2008

Emerging technology and the massive amount of information

Today’s business environment is becoming more and more knowledge-based, characterized by innovation, new business rules and faced by a rapidly changing pace of technology. One of the big challenges for managers and businesses today is keeping up with the rapid changes in technology. In the digital age, Information Technology has become a necessary investment for organizations to remain competitive on the market, to adopt business processes and to make their products work.
One of the most important industries of knowledge-based economy, by all means, is the software industry. In order to achieve business success and to innovate in the market, almost every large organization relies on software. The emergence of Web 2.0 and web-based services have changed radically the way of conducting business as well as the way of building applications. In a web service environment, software applications are becoming services that can be easily linked with other software components, and can provide faster and more productive communication between businesses and customers.
The new technology that is emerging every day, is transforming our educational system and businesses into new entities that yesterday couldn’t be imagined and that the day after tomorrow may be obsolete.
Take a look at this video and things will be clearer!!!!