Do You Use Your Technology Like It’s 1995 or 2025? Driving Profit by Understanding History

Many years ago, I gave a presentation to a group of CPAs in industry on the subject, “Technology and System Integration. inch It may be a good topic, but is actually a bad title. Pondering through the subject, We have decided I should have called it “Getting Unstuck. ” And I thought I’d cast some of the material by means of an article. fusionex founder

As I think about technology, one of the important thing issues is rate of change. Twenty-five years ago once i started in this business, I consistently advised clients to await a year after the release of the new software version to consider updating to it. Today, I’m often looking forward to the features in the next release and install within a few weeks. 

Dynamics NAV 2009 is a good example. We have been chatting to clients about their role tailored interface, customer customizable interface, and usability since late 2008, prior to the release.

I’ve divided the last forty or so years into four stages of thinking about computers. Mind you, these stages are mine, but I think you’ll consent generally.

Beginning in the 1960s, the first from the commercial perspective affordable computers were developed. Businesses saw them in the beginning as computing machines, making use of them to the work of collating and summarizing data. The US Census used some of the initial generations of such affordable and functional computers. Almost all of the early computer systems just summarized data.

Computer system programming languages like COBOL made it cost-effective to develop business programs for the machines. Accounting was a time-consuming and labor intensive normal task. Businesses computerized it.

The advent of the IBM PC in lates 1970s brought a new technology of computers to businesses that couldn’t afford their grandparent machines, and many organisations jumped on the wagon.

I call this stage Data Processing (DP) thinking. The computer was seen as an substitute to manual, labor rigorous work. The business enterprise application of the computer was to replace many clerks with one computer which do their work quickly and correctly. The computer was usually limited to a specific task, little more than accounting and expression processing.

About 1986, the first computer networks that were stable enough to be operated in small and mid-sized businesses were developed. Novell was an early leader in the foreign exchange market. Managers and sales people entered the fray. Teachers had also been running away at the business application of this new toy, the computer.

Administration commenced to appreciate that the computer had valuable data that could be used in the procedure of a business. Managers examined sales margins. Monitoring finances became a snap.

Different reporting was developed. In exception reporting, normal is defined, and anything outdoors normal is reported. Generally there is no need to examine data that is normal. Suppose gross income should be 25% to 50%. The pc program need report only items that fall outside that range.

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