CHAPTER  1

The Imperative

The Challenge of the Information Age and IT

SUMMARY

There is debate among economists and skeptics from other disciplines on the significance of the Information Age. For the last fifty years, Moore’s law has accurately predicted the exponential growth of computing capacity. If exponential growth continues, exceedingly rapid growth will occur at some point, but when the curve will become steep is hard to predict. IT has seen rapid growth in the first decade of the twenty-first century. The rate of change seems to be increasing and IT is penetrating into lives in ways that were impossible a few years ago. IT may have reached escape velocity. Service-orientation, cloud, and IT integration are critical in harnessing the ...

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