With oil hitting $140 a barrel in London and New York (before sliding back) and the CBI saying trading conditions are the worst since 1992, hooray I say. Not because it’s a good thing but these are economic conditions where innovations of the kind we’ve seen in the last few years should be reviewed to see where they can provide benefit. What? Am I mad? Are these not the conditions under which IT investments come under close scrutiny? Sure, but on-demand doesn’t have to be the kind of investment that does take a hit.
Don’t expect to see that view being taken by the likes of Dennis Keeling who, in a comment on The third wave of ERP said:
In the current tight economic climate few companies can afford to replace their systems completely. The market at the moment is for specialist add-ons that will integrate with existing legacy systems without disturbing the status-quo.
In geek speak, that’s a retarded view. If you can use software to collaborate across your business eco-system then you have an immediate way to both shave cost and effort. That’s apart from the immediate cost benefits to be obtained from on-demand computing. If you’re a professional and can share data with your clients, then you can use that ability to serve as an early warning mechanism for cashflow difficulties. That should be meat and drink to most pro’s I know.
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