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Tuesday, August 22, 2006

Forrester dumps IT for BT.

Stumped? Well I was too when I came across this article. Forrester Research chairman and CEO George F Colony has come up with a new nomenclature for the IT term being used in Business today i.e. "Business Technology". What? why should one phase out Information Technology for Business technology? Theres a reason for this change. Colony calls it the 'Scream test" - thats right! Its really simple (Warning:- You might lose your job if you do this!) All you have to do is walk around your cos campus and pull out all the plugs from the wall. The reaction- wait for the high pitched scream from the far end of the office. Thats right this is the reaction which any company would have in todays world, as IT has become the backbone for any business around the world.
Back in the early days it was simply known as 'Data Processing' but now it has been replaced by 'Management Information System' (MIS) in the early 1980's. In the 1990's we replaced it again by IT or Information Technology. But now after a decade Forrester Research is in the process of introducing a new nomenclature i.e. 'Business Technology'. Colony says, "My bet is that your company will lose millions of dollars an hour without technology. If you're like Goldman Sachs or Barclays Bank, you may lose hundreds of millions of dollars an hour". Now thats a huge amount for any business to lose. But there are many businesses which have already changed the true definition of IT to Business Solutions and Business Solution Technology.
While initiating a discussion board on the issue, the Forrester CEO said he was "going on a campaign to dump IT in favour of BT.". Best of luck Mr.Colony and company, should I include your name in the history books now? ;)

2 Comments:

Anonymous Anonymous said...

Bro, this is Sahil.
Could you please add my blog to your contributors please :)

Fri Feb 23, 12:30:00 AM UTC  
Anonymous Justin Dupre said...

Nice article, very interesting change to the IT world.. I agree that IT is becoming a backbone to all the business around the world.

Fri Jun 04, 06:37:00 AM UTC  

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