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IT Innovation

  • Ian E. Maxwell
Chapter

Information technology (IT) has probably been the business sector with the most dynamic level of innovation in the past decade. The rapid developments of both hardware and software, in the form of business solutions, have enabled companies and organizations around the globe to achieve major gains in productivity. The microchips that are the powerhouses of computers have continued to follow the well-established Moore’s Law, whereby computing power doubles every 18 months. Software development has rapidly absorbed this growth in computing power and ever more sophisticated programmes are able to handle increasingly complex tasks, including the mega networks of so-called Cloud computing.

Some examples include the rapid computation of 3D images from non-invasive medical diagnostic tools such as CAT and MRI scans; the computer-assisted design of new drug molecules using 3D computer simulations; computer-aided design and manufacturing of highly complex products such as the new Airbus...

Keywords

Global Position System Cloud Computing Business Model Humanoid Robot Innovation Business Model 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Ian E. Maxwell 2009

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  • Ian E. Maxwell

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