Towards the Knowledge Economy II

Last week I wrote about my feeling that 2008 might be a key year in the transition to an IT-based knowledge economy. I focused that post on one of the key indicators of that transition, namely the emergence of the kind of global technology platform that is needed to support an information-rich, knowledge-based future.

A sophisticated IT infrastructure – with the vast amounts of information and services it makes possible – is necessary but not sufficient for a business to succeed in our global, knowledge economy. The biggest challenge, even bigger than building the advanced IT infrastructure in the first place, is figuring out how to put it to work for competitive advantage. This is particularly critical given an environment where competitors with innovative business models can now much more easily show up from anywhere in the world.

Irving Wladawsky Berger

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