Chapter 6. Applications

Modern corporations are faced with a profound dilemma. Increasingly, they are becoming information-based organizations, dependent on a continuous flow of data for virtually every aspect of their operations. Yet their ability to handle that data is breaking down because the volume of information is expanding faster than the capacity to process it. The result: Corporations are drowning in their own data.

The problem doesn’t lie in hardware—computers continue to increase in speed and power at a phenomenal rate. The failure lies in software. Developing software to tap the potential of computers turns out to be a far greater challenge than building faster machines.

—David A. Taylor, Ph.D., in Object Technology: A Manager’s ...

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