Managing Technology
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The volume of new data being created, collected and stored is exploding, generating greater demands for electricity. Increased demand means higher costs and possibly more regulations. Information technology departments need be proactive in managing costs associated with the software and hardware they buy, operate and maintain. Electric power usage, says author and consultant Fred Mapp, is one example of how today's IT managers and departments need to be more integrated with the company's central business operations.
Afghanistan's mobile phone industry has exploded from no users in 2002 to five million to date. On the surface, this telecom sector could be considered a success: Four providers have invested more than US$1 billion in building a mobile phone network in one of the world's poorest countries. But while the country is feeling more connected, challenges remain.
While the entertainment aspects of creating a virtual identity through an avatar may sound exciting, the business and academic potential for the market is just as compelling. Today, professors, including some at Emory University's Goizueta Business School in Atlanta, Georgia, are using the space to teach course material and to understand the business applications of the technology. Meanwhile, corporate giants are using virtual worlds for client training and information.
These days, companies face a potpourri of threats and cybercrimes to their information. Inadequate data protection is a particular problem in Latin America, where corporate investment in security systems is lower in comparison with developed nations. Experts urge Latin American companies to improve their data protection policies, especially those that involve accessing critical information.
Armed with ways to better manage her capital and finance her business, Lalitha Yanamandra of Hyderabad, India is overflowing with entrepreneurial ambitions. One of her priorities is to expand her financial projections and other aspects of her business plans in hopes of securing venture capital investment.
Members of the Banking with the Poor Network, comprised of NGOs, commercial banks and policy institutions from nine countries in Asia, spoke recently at a seminar at Singapore Management University. They pointed out that advancements in telecommunications penetration and technology have enabled many, especially those living in remote areas, to access microfinance services, such as micro-credit, micro-savings, micro-insurance -- and disadvantaged women have been given the biggest boost.
Wharton professor Eric Clemons argues that there are numerous possible sources of value from the Internet that have yet to be converted to revenue, particularly in the area of online services. Do you have what it takes to be an Internet entrepreneur?
Those clever web marketers. Someone online is no doubt watching your interests and behavior and delivering a customized ad right to the web page you're viewing. You may well find them snooping into a part of your life that you think should remain private. Has this invasive strategy gone too far?
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