Monday, December 10, 2007

Expansion of IT Perspective

From class discussions and assignments, I have gained more knowledge of IT, especially when analyzing the new technologies. I find myself, on numerous occasions, trying to identify the Life Cycle stage of certain technologies, old and new alike. Also, it was nice to discover what type of buyer I am (pragmatic). This shows that I learned a little more about myself as well, which is usually a good thing.

Prior to the class, I had no ideal what Web 2.0 was. After some discussion in class, I realized that I have been using Web 2.0 technology or applications all along. I just didn't know the generalized term identifying Web 2.0.

My knowledge of BI has evolved significantly due to the fact that my team project was solely aimed towards this technology. The presence of BI in any industry for this day in age, appears to me as a necessity to survive or remain competitive in todays modern business. Without BI, your firm may be flying blind. A firm may make inaccurate or delayed decisions, which can reveal inefficiencies of those in executive positions. This can trigger a ripple effect where shareholder dividends are postponed, which can lead to the termination of some executives. Until the firm becomes proactive as opposed to reactive, the firm will crumble.