¶ … Technologies, Including
Future Information Technology
Information technology plays a vital role in the success of any contemporary business organization. IT is responsible for the vast majority of communication between parties, and is integral to the preservation and storage of information that pertains to a particular organization. With advances in technology occurring at an increasingly rapid rate, companies are often left with just two choices -- to embrace modern technology and the nearly daily changes it brings, or fall behind. Many organizations do not have the resources to stay in business if they pursue the latter option, which is why most companies make a point to stay abreast of technological innovations and their effects upon today's global marketplace. Therefore, it is important to look ahead to see what the future of technological innovations will bring, and to determine how such changes can best benefit a particular company.
One of the most formidable pieces of technology to shake-up the market is the projected development and implementation of the memristor. Since the latter portion of the 20th century, this microscopic building block has been theorized to revolutionize several aspects of computing, most notably those pertaining to memory. Essentially, memristors can recall states of electricity even when a device is turned off, which enables them to present a plethora of uses for storage that make it more advantageous to use than other conventional methods -- such as flash memory, hard drives, RAM, and virtually any other storage alternative. The implications of this component are manifold, and extend themselves to the realms of circuitry and the consolidation of components that can enable products utilizing this technology to be significantly more affordable and flexible than virtually anything in the market today. The principle drawback to this technology is that after almost 40 years of conceptualization and development, products utilizing memristors have yet to hit the market. A Hewlett Packard representative recently alluded to the fact that the delay is not due to the facilitation of the technology itself, but rather due to commercial aspects of producing it.
"It's sad to say, but the science and technology are the easy part," Williams said… Development costs at least 10 times as much as research, and commercialization costs 10 times as much as development. So in the end, research -- which we think is the most important part -- is only 1% of the effort." (Garling, 2012).
HP is working with a Korean company, Hynix, on its commercial product for memristors (Mellor, 2012).
Other relatively new IT technologies include those that pertain to cloud computing. While the technology of cloud computing in and of itself is not necessarily a recent development -- cloud users have been fairly frequent since the greater part of the last decade, recent developments include the access to and usage of private clouds. One of the chief concerns with cloud computing was always that which pertained to security. Cloud resources -- whether they are platform as a service, software as a serviced, storage as a service or virtually any other type of service -- are accessed remotely upon demand via the internet and require users to pay for them only when they are used. However, since the aforementioned services are accessed remotely, they are essentially in the hands of a third party -- a fact of which inevitably leads to concerns regarding the security of proprietary information, particularly for storage as a service customers. The great benefit of private clouds is that they are accessible only to users within a certain environment, such as that of a particular company or organization. Security concerns are therefore considerably improved -- yet not all the way eliminated, since there is still a third party host that conceivably has some form of access to the information companies are accessing via the cloud.
Another fairly recently developed technology that appears to be gaining credence throughout the realm of information technology is that of gesture recognition systems. This technology allows people to control the various operating processes of their computers, mobile phones, or other electronic devices via the manipulation of various hand gestures. This technology was initially conceived as a viable alternative to the traditional usages of computer mice and for voice recognition systems -- both of which ultimately served their purpose yet still leave a lot to be desired in terms of efficaciousness in a remote environment. The boon of gesture recognition systems is that they are more reliable than voice recognition systems and have the potential to revolutionize television watching, video game playing and other recreational...
Information System/Internet Strategy Information technology and Internet systems have become such an integrated part of life today that all businesses of any significant size have at least some form of electronic media as part of their daily operations. Indeed, it is difficult to imagine how any business could function without at least an e-mail platform or an electronic database connection. What I have learnt about decision making, the role of information,
Information Technology (IT) CSR Strategic Corporate The modern day businesses are more globalized based on which economic and corporate concerns have given rise to the concept of corporate social responsibility. The new economy has had a great effect on the knowledge that the stakeholders now have. One of the main aims of corporate social responsibility is that corporations being an important part of the society and communities must address various environmental and
Information System MIS stands for "Management Information System." It is one of the computer-based tools to manage organizational operations efficiently. It consists of software that managers' use in making decision, for data storage, in project management applications, for records and procedures for making customers relations etc. Nowadays most of the organizations have separate MIS department which is basically responsible for computer systems. MIS is also called "Information System" or "Information Technology."
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In many ways, students live both in the land-based or physical world as well as in the virtual world; leading what some considers parallel lives. Helliwell & Putman (2004) posit that social networking sites may offer an avenue for the development of greater social capital which may serve to further reinforce students' likelihood of integrating Facebook and other social media sites into their regular routines. A suggestion made as to the
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