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Business
technology has gone through major changes every decade. We began
with expensive and monolithic business applications with minimal
functionality and extremely high maintenance costs during the mainframe
era. With the advent of PCs and client-server computing, business
applications made a shift towards siloed functional applications
with rich content and relatively smaller infrastructure costs. As
we begin the 21st century, the proliferation of internet computing
has pushed business applications to become feature-rich, standards-based,
and tightly-integrated business solutions. The focus now is on business
processes that transcend functional areas and use a more holistic
approach to cover your entire business eco-system. In addition,
analytic and collaborative solutions have become far more sophisticated,
with data warehouses, dashboards, portals, and workspaces. If anything,
these trends are accelerating. Moore's law, which essentially states
that technology capabilities will double every 18 months, is alive
and well.
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