August 25, 2005
How Technology Levels The Playing Field
The New York Times writes how technology enables smaller businesses to compete on a pretty much equal level (besides raw dollars) with larger business.
Cash registers - no longer simple machines but PC based, give SMB's the same inventory control (and more) power as a Wal-Mart.
Int'l Presence - the Internet lets an SMB have 4 persons in Dallas and 10 in India, communicating for cents on the dollars via the Internet.
The article reads When we think about the economic impact of information technology, the first companies to spring to mind are the industry giants like Amazon, eBay, Google and Yahoo. But the biggest impact on the economy may well show up in small and medium-size enterprises.
The reason is that information technology is a great leveler. As computers get cheaper, more powerful and more connected, technologies that were only available to the Wal-Marts of the world become available to the small fry. (end of post)
Get Small Business Technology Report
Via Email Every Tuesday
What is Smallbiztechnology.com?
Smallbiztechnology.com helps small-medium sized businesses strategically use technology as a tool to grow their businesses and provides news, articles, discussion boards, resources, analysis & events for the owners of small to medium sized busineses.
Subscribe to the Smallbiztechnology feed.
Recent Posts
- Making Your iPhone More Than A Toy
- Use Technology to Surprise Your Customers (In a Good Way)
- The Tooth Fairy, Big Foot and the Paperless Office
- Are You Ready For A World Of Internet Services?
- When Vendors Offer A Larger and More Diverse Menu - Should You Try It?
- Constant Contact Raises the Bar. Emails As Web Sites.
- Leave off the last 's' for (in)security
- Remote Computing Software: Keep A Copy Running While You're Away
- When Moblity Is More Than Your Contacts and Schedule
- Sometimes You Just Have to Leave a Message
Join our Facebook Page
The Third Annual Small Business Summit 2008 was a smashing success. Check out the Summit site for what you missed. See the 2008 Summit presentations, video and photos!
Post a comment