If Apple Company did not put any pressure towards the research and development department, it is clear to say that without the advance technology, the company will become obsolete. It is a fact that trends of the marketplace are slowing developing into something much more greater. Here is an example of trend of technological development in the industry involved. The biggest trend of all that is developing is cloud computing. The benefits of cloud computing are just endless and it is right now one of the biggest trend of technology development.
Should humankind introduce Artificial Intelligence to society? Introduction Human beings always tend to develop and enhance their quality of life throughout history. They invented various tools, starting with a simple wheel and ending with super computers. However, the ordinary computers could not satisfy the requirements of modern society. This led to the birth of Artificial Intelligence (AI).
The acquisition of IBM PC led to the loss of customers such as the US government, so Lenovo marketing teams need to improve the skills to find new customers. In addition, Lenovo needs to improve achievement at the international level. Lenovo's success is due to the long-term focus on emerging markets and doing good business of the combined
SITUATIONAL ANALYSIS “Lenovo”, a Chinese firm previously called Beijing Legend Computer Group enjoys a top position in PC market of china with 21.5 percent share in 1999. Lenovo had plans to expand globally and especially Asia as Asian markets provides a huge potential number of buyers. India had 7.5 million PC’s compares to 4o million in China, so it presented a huge opportunity for Lenovo to increase the market share. India was a major part of Lenovo’s strategy for growth and image building. But unlike China, company was not able to replicate same growth model in India pertaining to diverse factors.
• Dells reputation in the technology world. • Dell has a great environmental record Weaknesses • Weak relations with other retailers • Dell having such a large range of components from a range of suppliers from all over the world that may cause trouble regrading occasional distress. • No propriety technology • Customers can 't buy Dell products as simply as other computer brands because each product is custom built for each customer. • Poor Customer Service Opportunities • With the increase in e-commerce, Dells online store surely makes up for the absence of retail store • Personal computers are becoming more mainstream nowadays mostly for gamers that want custom built PCs. Customers are getting more educated about
As the strategic goal of the organization is to expand its market beyond China and take part in competition within the world scope, the organization will not only face with changes in sales channels and supply chain, but also how to prevent IBM employee turnover. It has been noted that the employee of IBM are very proud of being a employee of IBM, questions may rise whether those employee will be willing to accept the new company structure and choose to stay with Lenovo. Given that Lenovo has been a localized company, it is lacking of experience in dealing with international operation, cross-cultural conflict management and etc, how to stabilize the overseas senior management, especially in the American market which is vital to the
5. Why do large established companies like IBM find out it so difficult to innovate? As the company grows it reached a “Maturity stage” wherein the companies main objective is to defend its existing business rather than going for new business because it increase risk of new technology, managing it and creating expertise of the workforce which is at par with the new technology is difficult to handle and thereby increases the transaction cost in the process. 6. What made IBM a “great company” during the 1990s and
The improvements include enriched efficiency through self-learning, more exposure of human to machines due to their frequent interactions and more chances created by infinite data. Regardless of the benefits and effectiveness associated with the use artificial technology in the industrial sector, it has its disadvantages couldn’t be ignored as well. It will directly impact and affect the potential of the workforce eventually resulting in massive job losses. The duties and tasks previously done by human beings will be taken up by the use of Artificial Intelligence leading to high unemployment
• Cost advantage - Presence of Infosys in India is key to its success • Breadth of service offering - end to end solutions including high end services like IT consultancy and KPO. WEAKNESSES • Excessive dependence on US for revenues - 67 % of revenues from USA. • Excessive dependence on BFSI sector for revenues - 36 % of revenues from BFSI. Banking sector is facing a crisis globally and is going to spend less on IT. • Weak player in domestic market.
It was also found that firms which adopt internet are much better placed in the market, are technologically sound and are also graphically updated about their customers. Finally the article concludes by stating that SME must target new market with existing products using the internet forum. In the vast existing literature on strategies more is given to larger companies or businesses but not much theoretical background is present to explain and guide the strategies for small scale businesses. (Gilling et al) as in (Yogo, 2013) SMEs in India SME (Small and Medium Enterprise) play a very major role in the economic development of both developed and the developing economy. SMEs majorly focus on production in the country, generating high level of employment and tremendous amount of contribution to the nation’s export.