ITM 102 Lecture Notes - Lecture 3: Wireless Internet Service Provider, Application Programming Interface, Semantic Web

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 102
• Professor: unavailable

Document Summary

E-business: is the conducting of business on the internet, not only buying and selling but also serving customers and collaborating with business partners. Digital darwinism: implies that organizations that cannot adapt to new demands placed on them for surviving in the information age are doomed to extinction. Disruptive technology: is a new way of doing things that initially does not meet the needs of existing customers. Disruptive technologies tend to open new markets and destroy old ones. Sustaining technology: produces an improved product that customers are eager to buy, such as a faster car or larger hard drive. Tends to provide us with better, faster and cheaper products in established markets. *disruptive technologies typically cut into the low end of the marketplace and eventually evolve to displace high-end competitors and their resigning technologies. Internet: is a global public network of computer networks that pass information from one to another using common computer protocols.