Saturday, August 20, 2011

Technology and business

The question is often posed, does business driving technology or technology driving business?

Technology allows new business models to be created that would not have made sense in the past. The brilliant business person will analyze new technologies and ask, "What new business models can this technology enable?" We each need to take the technology and utilize it most effectively in the business models which the business folks create. We also have an advantage if we are paying attention to both technology and the market to create our own companies to take advantage of new technologies.

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