The Next Big Thing
The Next Big Thing
In the article “The Next Big Thing?” the future of business computing is addressed. Computers have changed the face of business forever. Nowadays, every company has a website that is better than its competitor’s with mire features than ever before. The problem brought about by all this web competition, is that every company has information or a way of transporting it. Each company charges for their services, but not every service offers the same services thus there is a lapse in options when tow companies wish to network or pursue internet business. In this article, the possible solution to this information and trade problem on the Internet is presented in the form of “utility computing.” Basically, the Internet will become standardized in the business market allowing for easier trade and information sharing. Soon, getting information on the net well be easier than picking up a phone, and businesses wont have to worry about connection costs and benefits between different carriers. Companies well pay for computer services like they would pay for phone services or water services.
This article addresses one of the largest and fastest growing arenas of business; Internet e-commerce. In chapter 7 of the textbook, e-commerce is discussed. In the chapter the benefits and drawbacks to e-commerce are discussed. One of those drawbacks discussed, is the issue of Internet fraud. One of the benefits to a standardized e-commerce system would be the elimination of false companies because the Internet would have standardized security measures. Also discussed in chapter 7 is the issue of Internet financial security. With the web as diversified as it is now there is know way of knowing whom to trust with money. Just like the elimination of Internet fraud, Internet finances would be more secure with fewer companies handling corporate or customer monies.
As far as standardization of e-commerce is concerned there are both benefits and drawbacks to such a proposition. On the one hand the increased availability of information and ability to trade would strengthen and secure business market. E-commerce would increase and international business would increase greatly, in turn better unifying businesses and resulting in a more unified world. The concern with unified e-trade and commerce would be the hurt to small business and entrepreneurship. The world of e-trade and commerce would become the new playing field for monopolies and big business. Few small businesses would be able to afford the high cost of computers and services, almost eliminating fresh growth and innovation in the market. Standardized e-commerce will be a good thing when computers cost the same as telephones and there services equivalent as well.