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Title: Why IT Matters

Essay Details

Subject: Technology
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Date: September 1, 2004
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Length: 9 / 2458
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A company who can afford to acquire such investments would really have an edge over his competitors. Executives today, though, have long since learned that they overestimated technology's value to their bottom line. They discovered that having these technologies do not necessarily mean that they would gain a lot of profit...

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Therefore, IT's importance as a strategy of a company has lessened. With the massive amount of money invested on new technologies, supply has increased more than the demand for it. IT became cheaper and accessible to everyone and with the prevalence of IT experts, its initial advantage has disappeared...

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