A Very Brief Recent History of Business Technology Applications

In the late 1990’s technology soared. It was the era of the dot.com boom and subsequent bust. Many new software and hardware advances were adopted by large companies that began to integrate new technologies into their business processes.Some of these technologies were on the ‘bleeding edge’ with buggy software, crashes, insufficient memory and so on. Online ‘cloud’ or web based applications were often not reliable and not user friendly.For smaller companies without IT departments, being on the technology bleeding edge was the equivalent to living a nightmare.Around 2003 the applications became more robust and bugs and crashes were less of a problem. Part of this progress was due to the dramatic drop in pricing for computer memory meaning that more robust programs could be run without crashing.Also around this time many industries developed industry specific software to run businesses like car dealerships or bookstores. Called “management systems” this genre of software allowed smaller companies to combine all their processes under one program. This management software also did not require an onsite IT department to keep it running.This vertical industry specific software was complemented by horizontal industry software such as bookkeeping and contact management software. This meant that a company could… Read full this story

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