Risk Factors and Challenges in the Technology Industry Essay

Risk Factors and Challenges in the Technology Industry - Essay Example Moreover, business enterprises are very concerned about "outsider" company having access to the sensitive commercial information. Escalating complexity of the products and solutions: It is hard to test all the scenarios for the applications involving extremely lengthy and complex code, which sometimes leads to "bugs" and malfunctioning. Growth of in-house IT: Many non-computer firms joined the industry by adding divisions or by acquiring computer services companies. Banks, publishers, airlines, and telecommunications companies were among those whose information technology divisions were involved in this industry (SIC Computer Related Services n/p). Dependability on the readiness of the customers to engage in electronic interactions or networking: Value of network grows in line with the number of participants. If the market does not successfully adopt the new technology on a wide scale, it will not exist long. The wave of year-2000-related new equipment purchases that took place at the end of the 1990s, as well as the availability of quality used equipment from bankrupt Internet companies in the early 2000s, had a negative impact on the corporate market for new electronic devices and computers. (Electronic Computers n/p) From 1998 to 2000, reported IDC, ave... 2. Communications and Networking Changes in the industry-related regulations: For example, adoption of the Telecommunications Reform Act of 1996 greatly influenced operations of the telecommunication industry players. Standardization and adoption of new protocols. Emergence of many competing formats, offering lower costs and improved services to the customers: for example emergence of PCS systems as strong competition to wireless phone systems. Integration of different services (e.g. mobile phones with PDA -functions, text and multimedia messages services, WAP-internet access). Transformation of the industry structure: mergers and acquisitions in the industry (for example, recently approved acquisition of Skype VoIP-operator by the EBay Corporation). Reaching saturation in the developed-countries markets and challenges of global expansion. Dependability on the readiness of the customers to engage in electronic interactions or networking: Value of network grows in line with the number of participants. If the market does not successfully adopt the new technology on a wide scale, it will not exist long. 3. Electronics and Computer Hardware: Temporary slowdown of early 2000s in the technology spending in both corporate and private sectors caused by economic conditions and changes in the consumer behavior: The wave of year-2000-related new equipment purchases that took place at the end of the 1990s, as well as the availability of quality used equipment from bankrupt Internet companies in the early 2000s, had a negative impact on the corporate market for new electronic devices and computers. (Electronic Computers n/p) High R&D costs and consequently high break-even volumes. Increasing competition of low-cost Asian electronic

Computer Literacy Essay Example | Topics and Well Written Essays - 1500 words

Computer Literacy - Essay Example These audiences are identified and the reasons as to why a certain search engine is suitable for them. The effectiveness of all the search engines for their different purposes is also discussed. Finally, each of the search engines has some advantages and disadvantages over the others due to their different aesthetic, technical and privacy features. These advantages and disadvantages are discussed for each of the search engines. Search engines can be classified into several types. General search engines are portals which allow for searching of content using an algorithm specifically designed for this task. Google is a general search engine, alongside Yahoo! and Bing among others. Metasearch engines work by submitting query keywords to other search engines, which in turn perform a search using the provided keywords. The results are then aggregated and returned to the user. A point to note is that metasearch engines do not have a database of webpage contents, they only sort the search results from other search engines in a desirable manner (Lib.berkeley.edu, 2015). Examples of metasearch engines includes Dogpile, Excite, DeeperWeb, Kayak, Answers.com, Clusty and LeapFish. DuckDuckGo takes a hybrid approach, being both a general search engine that uses its own crawler while still utilizing a metasearch functionality. Multimedia search engines are used to search the web for videos, images, music, movies and ima ges and multimedia-related services. Search engines can also be classified as crawler-based and human-powered. Crawler-based search engines use software bots to search through websites and create an index by analyzing and categorizing them based on their content, the websites that link to them, the websites they link to and the level of traffic that they experience. Human-powered search engines employ human editors to create and edit their indexes (Yuanlei.com, 2015). DuckDuckGo and Dogpile search engines fall in the crawler-powered category.