What is Possible Today at the Forefront of Technology?

Abstract

The paradigm shifts that are discussed in this book are based on the idea that new technologies in the field of IT, media and telecommunications will become the key drivers that have the power to change the entire structure of many industries and markets. Many people would argue that this is not new. Over the past 20 years new advanced technologies have emerged continuously that have had the power to revolutionise industries but have failed to do so. For example, large investments have been made in new computer systems for the past two decades without any significant benefits in terms of efficiency. This argument was already one of the foundations of the process re-engineering trend that started in the early 1990s. However, this trend has not had the extreme impact on companies that its proponents expected.