Word: infotech
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...hold all the way. According to Greenspan, sustainable economic growth - and its mother, the productivity growth engendered by the infotech economy - isn?t likely to revisit those go-go glory days of 1995-2000 any time soon, if ever. But we?re still looking at a better economic world going forward than the Cold War ones. Just as soon as all this blows over...
...insiders at the Standard claim its managers had lined up a couple of potential buyers, but one obstacle may have been the Standard's large controlled circulation--copies given free to the industry. In any case, there had long been tension between the corporate cultures of IDG (East Coast, infotech oriented ) and the Standard (West Coast, business oriented). At some point, there was bound to be a nasty split...
...fact, Hong Kong is energetically trying to retain control of its future by transforming itself into the cyberhub of Asia. The government has backed a $1.7 billion project to develop 64 acres of reclaimed land into an infotech center. So far, however, the project has drawn as much controversy as acclaim. Critics regard it as specifically enhancing the interest of Richard Li, scion of the super-rich Li family, because Richard drew up the plan. Even critics acknowledge, however, that diversification is a good idea. "Hong Kong needs more than one pillar industry to sustain its economic glory, and infotech...
...from the sectors that are revolutionizing business, no? They well may. But remember the stupendous scale we're talking about: combining IBM, Microsoft, Intel and Cisco, for example, wouldn't even come close to hitting our $200 billion mark. That fact points up a hard truth about corporate size. Infotech--or telecommunications or entertainment--may well be the world's largest industry in coming decades, but that doesn't mean it will harbor the world's largest company...
...year, and while extrapolation is always hazardous, if you're at $200 billion a year, growing 20% annually--or even 10%--you are extremely hard to catch. Wal-Mart is expanding aggressively around the world, as it must. Most important, it owns by far the most advanced back-end infotech system--for managing inventory, logistics, working capital, customer data--in retailing. Most people wouldn't suspect it, but Wal-Mart is one of the world's most advanced e-companies...