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- W1038360981 abstract "This chapter explores the reasons that drive technological trends and ways to cope with the increased volume of choices and changes. Enterprises are faced with the challenge of meeting the needs of the marketplace. The marketplace, however, is constantly shifting. From a business principle vantage point, current marketplace is far different from the situations that upper management faced in the mid-twentieth century. The needs of the internal and external environments are changing more swiftly than ever before. Technology is the main driver for this shift in focus. Markets are more readily identified today, and a wider range of customers with more defined expectations for quality and service exists. The timing for product demand is more intense from both timing and cost perspectives. Meeting these demands require more creativity and consideration up front because the time lines are short with the emphasis on costs and, consequently, profits are of greater importance than ever before for an organization's long-term viability. While purchasing technology knowing the real and hidden cost is necessary. The best chance for identifying and negotiating all of the costs lies in working with a single vendor rather than choosing the flavor of the month. This depends, however, on the type of technology that an enterprise requires and the choices that are available for gaining the technology. The costs must include not only performance and cost-of-ownership issues, but also the reliability of the vendor to continue to evolve the technology in a cost-effective manner." @default.
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- W1038360981 date "2002-01-01" @default.
- W1038360981 modified "2023-10-18" @default.
- W1038360981 title "Marketplace Pulse" @default.
- W1038360981 doi "https://doi.org/10.1016/b978-155558256-2/50003-x" @default.
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