Read the opening case in Chapter 1, “Today, Every Company Is a Technology Company” (this can be found in the “Read, Study, Practice” section of Chapter 1 in WileyPLUS). After reading the case, use examples from the case and independent online research to answer the following prompt:
If every company is now a technology company, then what does this mean for the company’s employees? Provide specific examples to support your answer.
In responding to your peers’ posts, discuss what impacts mean in terms of career opportunities for new graduates or individuals transitioning careers. Provide a specific example to support your answer.
Today, Every Company Is a Technology Company ]
The Business Problem
Sixty years into the computer revolution, 40 years into the age of the microprocessor, and 20 years into the rise of the modern Internet, all of the technology required to transform industries through software has been developed and integrated and can be delivered globally. Billions of people now access the Internet via broadband connections. Worldwide, more than 5 billion people use cell phones. Of those users, 1 billion have smartphones that provide them with instant access to the Internet at all times from multiple locations.
In addition, software programming tools and Internet-based services allow companies in many industries to launch new software-powered startups without investing in new infrastructure or training new employees. For example, in 2000, operating a basic Internet application cost businesses approximately $150,000 per month. Today, operating that same application in Amazon’s cloud (we discuss cloud computing in detail in Technology Guide 3) costs about $1,000 per month.
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