Cutting Edge technologies used by Corporations
An example of innovative technology being used by corporations includes Cisco systems. This technology has low power consumption, recycling efforts, switching tools and green power supplies. Cisco’s networking equipment is the backbone of the Internet and most private networks (Shelly and Vermaat, 2010). Additionally, corporations are employing the use of geographical information systems as another innovative technology. With geographical information system (GIS), corporations can be able to perform certain activities such as disaster management, simulation and modeling, environmental management, watershed management, homeland security, GIS based support systems, global positioning systems and remote sensing. Organizations are also employing innovative technology in communications network such as the Verizon wireless network. In addition, corporations are also using Verizon’s fiber optic technology.
An ERP system is another innovative technology that corporations are using. Corporations are using this technology because it improves company performance. Studies indicate that market for ERP technologies rose from $16 billion in 2005 to an estimated $21 billion in 2010 (Grabot, Mayere and Bazet, 2008). Corporations are also adopting virtual private networks (VPN). This technology uses a public network infrastructure to make connections among computers in different geographical locations. Currently, in the business world, organizations are embracing data as a major mode of communication in their businesses. For instance, the use of Smartphone such as Blackberry that uses high speed 3G networks has helped in faster transfer of data messages between the organizations and business partners from the convenience of their phones.
Early Adopters in Technology
According to Ahonen, Kasper and Melko (2005) early adopters in technology refer to those persons that are interested in technology and are remarkably much aware of the current technologies. In this case, the early adopter is a technologically informed individual. For any new technology to be successful, early adopters, play a particularly crucial role. The early adopters influence the penetration of a new technology in the market and consequently, influence the speed of adoption of the technology by other people. Additionally, early adopters discover a need for which an emerging technology will serve. Consequently, marketing and publicity of new technology does not influence the perception of the early adopter on a new technology. Furthermore, the early adopters will be willing to overlook any imperfections that may exist in a new technology and enjoy the benefits of the new technology. The early adopters mainly focus on having the latest technology in their hands.
Bleeding Edge Technologies for AlltechComm
Some of the innovative technologies that AlltechComm can use include virtual private network (VPN), ERP systems, Cisco Networking infrastructure, geographical information system (GIS) and Smartphones.
Advantages and disadvantages for AllTechComm
Implementation of Cisco systems by AlltechComm will help improve security in their networks. The Cisco network infrastructure will assist in placing video and voice data onto a single resource for easier monitoring unlike in traditional technologies. Use of ERP systems will promote new processes that will assist in improving the daily activities of the company. Through the application of the ERP system, AlltechComm can be able to have integration of data and different processes. This promotes the adoption of best practices that improve the performance of the company. Installation of VPN reduces the cost of leasing cables for network connections. VPN is also flexible since the company can expand its network without having to lease new cables (Fowler, 1999). VPN enhances the use of a mobile workforce. Therefore, an employee can be able to access his office computer from home and attend to urgent cases.
The disadvantage of using ERP systems is that it experiences some technical issues in its implementation since it has poor custom codes, poor system performance, middleware technology bugs, incomplete ERP packages and complex ERP to legacy system interfaces. There is also increased use of Smartphones by employees to conduct their personal businesses.
Opportunities and Risks in Incorporating New Approaches into an Organization
New approaches in an organization may increase an organization’s competitive advantage in the market. For instance, new technology may increase an organization’s production output. This will result to expansion of potential markets. Use of Smartphones and virtual private networks may be critical in expanding business to new markets.
Introduction of new approaches or technologies in an organization may be detrimental especially if the organization is a complex one. These new technologies or approaches may disrupt the organizational structure and routines that dominate the running of the organization. The new technology may require its new users to learn how to use it. Cost will be incurred in training of staff. In addition, the organization has no guarantee that the personnel being trained to use the technology will comprehend all that pertains to that software of technology. Additionally, introduction of new approaches may face rejection in some organizations since it may result to job layoffs and reduce interdependence patterns among employees in an organization. Further use of the new approach will come at a cost.
Ahonen, T.T., Kasper, T. & Melkko, S. (2005). 3G Marketing: Communities and Strategic Partnerships. West Sussex: John Wiley and Sons.
Fowler, D. (1999). Virtual Private Networks: Making the Right Connection. San Francisco: Morgan Kaufmann.
Grabot, B. Mayere, A. & Bazet, I. (2008). ERP systems and Organizational Change: A Socio Technical Insight. London: Springer.
Shelly, G.B. & Vermaat, M.E. (2010). Discovering Computers 2011-Introductory: Living in a Digital World. Boston; Cengage.