Home
Business Guide





 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
business   »  industries   »  real world technology

The Next Step for Technology: Take Over the Real World

        posted by , May 02, 2011

The technology industry is fundamentally different from bricks-and-mortar industries such as energy, retail, transportation and materials: they have a smaller gap between business and IT.

The Business - IT Gap

The importance of technology has risen exponentially since the 1970s. Whether you are a bank, manufacturer, retail brand or grocer — technology is your business.

Despite this undeniable trend — many bricks and mortar companies suffer a huge gap between business and technology:

- business staff are reluctant to participate in IT projects
- business and IT alienation
- business-IT knowledge gap
- technology is viewed as a cost to be minimized

business technology gap

Technology is the Business

Technology companies enjoy a more aligned business and IT:

- IT viewed as revenue
- more cooperation between business and IT
- business knowledgeable about technology

technology companies

The Future of Competition

As the relative importance of technology to bricks-and-mortar industries continues to rise:

- IT will be key to revenue
- successful businesses will align business and IT
- technology companies will be tempted to enter new industries
- technology companies may be able to compete with brick-and-mortar companies in their own industry



3 Shares Google Twitter Facebook





A guide to business risk including many examples of risk.

Everything you wanted to know but were scared to ask about Risk Management.

Lists of business metrics.

A guide to business innovation.


Recently on Simplicable


65 Business Risks (List)

posted by Anna Mar
Risk is celebrated as the brave and alluring basis for economic progress. But risk has a dark side ...

Business Strategy Guide

posted by John Spacey
Strategy is your ability to focus your creative energy to achieve results.

9 Examples of Positive Risk

posted by John Spacey
Positive risk is almost a philosophical thing. It's all in how you look at it. Many people are convinced it doesn't exist.

20+ Pricing Strategies

posted by Anna Mar
How do you set your prices? The dynamic and intensely competitive part of marketing strategy.

Sitemap






















about     contact     sitemap     privacy     terms of service     copyright