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Managing Technology

In: Business and Management

Submitted By pp91006
Words 1487
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Technology, Information Technology included, have changed our lives in so many ways. It changed how we recorded our thoughts into written words, how we communicate with one another, how we shop, bank, how we keep our memories, most aspect of our lives. It significantly changed the manufacture industry and touched almost every single industry.

The first computer was invented in 1939 by Hewlett-Packard in a garage in Palo Alto, California. It was mostly used in military/government and universities/science lab. It took 40+ years for the first personal computer to be created by IBM (1981). The first personal computer (PC) ran on a 4.77 Mhz Intel 8088 microprocessor [1]. After that computer world has advanced leap and bound, hardware as well as software. Some of the laptops today run on a 4.0 Ghz (almost 1000 times more powerful). According to US census, in 2012, 80% of all house hold had a computer at home in the US [2].

Technology changed the way we recorded our written words. For hundreds (if not thousands) of years, we used pen and pencil to write on paper. We later used type writer to type on paper, then type into computer. Now, with the help of some software, we don’t even have to type. We can “speak” or “talk” for computer (or other devices like smart phone, tablet, etc) to “type” for us. Thanks to technology, we now have “text-to-speech”, “talk-to-type”, and “talk-to-text”.

As technology changes, businesses had to change to survive the IT impact. Business uses the 10 drivers as guidelines to decide what and how much to change to gain a competitive edge and market shares. Business needs to carefully analyze all drivers to see which driver works because not all drivers work for all business/industry. It can give business the competitive advantages if technology is implemented to support or enhance the core functions or the strength of...

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