Moore's Law
Computing rule which predicts that
the number of components in integrated circuits chips will double every 18
months while the cost remained the same. The influence of Moore’s Law to
digital electronic devices are; processing speed, memory capacity, sensors and
size of pixels in digital cameras.
So
what does this growth mean in economic terms?
1) Most organization to perform existing functions at decreasing cost over time, thus become more efficient
2) Organization will find the uses for information technology based on the improving price-to-performance ratio and become more effective
- Enhanced product will provide competitive advantage
1) Most organization to perform existing functions at decreasing cost over time, thus become more efficient
2) Organization will find the uses for information technology based on the improving price-to-performance ratio and become more effective
- Enhanced product will provide competitive advantage
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