4 minutes, 7 seconds
-587 Views 0 Comments 0 Likes 0 Reviews
Education cannot be given free. They have to pay as much as it hurts, motivated as no turning back and play to win.
After that, I hire them at 850/- a month with food and lodging. Plus 20% of my weekly gains. Settled next week Wednesday.
The word “technology” to most consumers and managers is akin to magic. They need shaman’s, witch doctors, gurus or messiahs to help them understand and tame technology.
So taking advantage of this fear and ignorance, big and small technology companies use modern variations of magical spells and rituals to hold consumers and managers in thrall and all. The aim - to sell more technology.
In the early days Sun Microsystems ran advertisements of dot bombs falling on those who had failed to recognize the benefits brought about by their solutions and presented technology as complex and hence of value. The industry continued to turn out various jargons on a daily basis to define simple processes. We had names like PHP, XML, Java, C++, j2ee, .Net for programming languages and b2b, b2c, b2b2c, CRM, ERP, Supply Chain and web services for business processes. The real truth in all of this was and is one in the same, that is, each of them had very little to do with a real execution.
All this sounded pretty impressive to most managers as they knew very little about technology. The mystifying of technology work too well. It allowed vendors to sell more at premiums. The result as we saw in the last chapter is under-utilisation of technology. For example, most home computers are under-utilised.
We also have much available bandwidth than we actually use. It has been estimated the total traffic on the Internet today is about 15 percent of total available capacity. And with technology enabling even more information to be squeezed into smaller packets, utilisation rates will be driven even lower, unless demand picks up.
For demand to pick up, technology must be de-mystified. People have to realize that they can understand and use technology without the help of the magicians. This in turn will lead to technology becoming simpler to understand. The man in the street will be able to make full use of it and demand will increase, soaking up the excessive capacity.
This provides another great opportunity for budding technopreneurs while causing problems for huge corporations who have become complacent on the fat premiums they have been enjoying.
“The winners of tomorrow are yet in the making and success is in for those who recognize them. Here is a tip, they go by the name “Technopreneur”.
Technology is the application of science, especially to industrial or commercial objectives and a scientific method and material used to achieve a commercial or industrial objective.
Like any other process, technology has two main components, the “front-end“ and the “back-and“ (see Figure 7.1).