The Technology Trickle Down Affect
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As far as new technologies are concerned, the next thing we can expect is that the speed & velocity of services & products will increase dramatically over the next year or two. Mobile broadband services will grow by 266% and uplink speeds will increase 600% - "Changing the way we do business". Incorporating video in a multitude of applications is currently one of the top 3 initiatives for many CIO's, including the Educational Ind. with 4G technology leading the way. For example: Universities are video taping lectures, posting them on their intranet and allowing the students to not only access and review but also search out only the section of the lecture they want to recap. This has already had a tremendous & positive impact on those students that are not used to large lecture classes (300 people) but also for those that need a little more time to understand what is being said or taught. Great application opportunities for small businesses!
Focusing on improving how we/ communicate appears to be one of the top objectives for ALL the CIO's & Global software developers. The expansion of creative ways to use technology is being applied in a variety of areas and industries. For example: a hospital is using RFID technology to keep track of medical life saving equipment in their ER department. This allows the staff to immediately locate a potential life saving device to help a patient in their ER saving critical seconds.
What I discovered and was most surprising was the mind set of these technology leaders. Change is not easy for anyone especially large corporations. I found the CIO's very excited and focused on embracing change and developing that mind set in their culture even though large scale change can be painful. Many have developed "think tank" groups to attempt to look at ways to think out of the box in regards to how they should be doing business. Some have incorporated outside advisors to their groups to overcome the "can't see the forest for the trees" way of thinking.
Even the global software companies are collaborating & promoting "out of the box thinking" in regards to new uses & applications for their software to maximize the ROI.
In summary, the speed & velocity of technology will drive the need for businesses to think ahead and keep up, somewhat, to this rapidly advancing new frontier of business. Developing your strategy to be flexible, open to change and continuously looking for additional uses of technology will become the norm. Falling behind, may be a critical mistake for the new wave of how to do business in the 21st century.
Steven J. Krisfalusy
Business & Technology Architect
SJK Beringer Group, Inc.
