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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (2892)	12/10/2007 2:43:10 PM
From: dybdahl	Read Replies (1) \| Respond to of 71463

I can see that you're still thinking "how can I own a part of this", and you believe that this is about buying into the telecommunications sector. You are right, that the speed will be crucial, if world economy stays strong, because it creates new business opportunities etc. But that's not what I'm talking about. I'm talking about the fact, that the world economy is so inefficient, that it is almost incredible, and that productivity improvements will come, as people exchange knowledge. If you want to see the future optimizations, you have to look at how IT will be used in industries, that don't use it well, today. Then, invest in the companies in that industry, that are using it. I talked to a guy today who has started a business, where almost all existing IT systems in the distribution are stand-alone systems today. First, he thought to create a new, integrated system for the 4 biggest distributors in the market. However, they were not thinking in the right way, which made them too difficult to use as customers, so he went for smaller distributors in the market. Suddenly he found himself not selling software for the small distributors, but selling the service to producers, so that they could skip the distributors entirely. This was not intended, but right now it looks as if it's a better business model to replace distributors than to sell them software. Another example is a big European company, which has hundreds of thousands of employees in worldwide offices. They still use e-mail everywhere for communication of tasks. Like most other, they have not yet achieved to automate internal requests to employees or small groups. This leads to inefficient work flows, difficult tracking, lack of quality control in information handling and bad prioritizing. I can also tell about the middle-size European industrial company, which has tens of thousands of PCs, and they haven't got electronic handling of purchases. In Health Care, there are so many mechanisms that prevent the spread of clinical knowledge, that it is almost incredible. My guess is, that in 99.9% of all hospitals in the world, you can find two doctors who disagree on the exact definition of pneumonia in 5 minutes. If you don't know what it is, how will you deploy best practices? The amount of medical knowledge in the world right now is exploding. One of the really big explosions is in protein research. Computers generate so much knowledge about them, that it will take humans many, many years to get an overview of just one year's knowledge. I believe that this knowledge will provide solutions to many, many medical problems, producing more and cheaper treatment, but also more and cheaper biological manufacturing processes. The trick is to convert it from laboratory to production, but to me it's a no-brainer like the invention of the world wide web. I can go on... the more informational workers there are in a business, the bigger the potential for improvement.