The current core competencies are identifying technologies which are of us to growing companies. Start-ups dont usually have a large amount of funding, and therefore are seeking the best IT solutions for the cheapest prices. Many innovations including several types of small business programs and software have allowed companies to streamline their processes significantly. This in turn, allows firms to save time and money and allows them to foucs their funding on other areas. I think that companies will continue to develop new IT solutions for business. This will bring the prices down even further of these solutions and the technology will continue to be developed and help the companies that need the services.
1 comment:
Hi Ben,
Interesting observation. As the owner of a start up I can attest how we seek low cost IT solutions and alternatives; and comapnies are providing these. For example:
- My first company web page was created and hosted using a very cheap yahoo service (11.95 per month) and the free site building tools provided.
- The benefits of this inexpensive web site have far outweighed the cost, as nearly 40% of our new business finds us through our web site.
- Another cheap It solution: Quickbooks - as opposed to paying for a professional accountant
Post a Comment