ITM 100 Lecture Notes - Lecture 2: Disruptive Innovation, Disintermediation, Internet Message Access Protocol

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 100
• Professor: Raymond Moss

Document Summary

Digital darwinism - organizations have to adapt to new demands if they want to survive. Disruptive technology - opens new markets and destroys old ones. Have to be able to transform markets, economic environment. Internet service provider (isp): people who own parts of the internet. Protocol: rules under which official transactions take place. Computers ip addresses are made through connections with the internet. Text web browser ex = lynx (university of kansas) Microcomputer revolution = allowed average person to own a computer. Email became tool for businesses and personal communication. Ability to use web on smart phones/mobile devices, accessible. Digital divide: the division between people who grow up with technology vs. those who did not live in a technology based world. E- commerce - selling and buying of goods/services online. E- business - conducting of business on the internet. Mass customization - tailor products to customers specification. Personalization - knows customers enough that it can recommend products they would like.