The coming ``Knowledge economy''

Published: 14 November 1999 y., Sunday
Microsoft Corporation does not think the last word has been said by Judge Thomas Penfield Jackson on November 5 when he ruled that the software giant has monopoly control over PC operating systems and wields that power in ways that harms consumers. Mr. Jeff Rakes, a member of Mr. Bill Gates inner circle, said here today that the company was banking on the appeals process, first in the D. C. Circuit Court of Appeals and, if that fails, later in the Supreme Court. Mr. Rakes also said the company could be bailed out because courts have usually held that software companies should be allowed to innovate. In fact, Microsoft has recently formed a group called ``Freedom to Innovate'' which is aggressively campaigning against the ``fact of findings'' by Judge Jackson and would like to avert any carving up of the company or being forced to reveal the source code of Windows to its competitors. This group also holds that such rulings will end up in the Government regulating the computer industry which will be bad for the economy and the consumers. Rakes pointed out that it faced little competition from its competitors (90% of operating systems are by Microsoft) because of its heavy investments in R & D. Earlier, addressing CEOs of Indian industry, Mr. Rakes also chose to drove home the same point about the company_s intention to change the way businesses operate through constant innovations in IT.Giving an outline of the way Microsoft as an organisation was orienting itself for the ``PC plus'' era, Mr. Rakes said it was essential for corporates to begin behaving like digital nervous systems in order to survive the coming ``Knowledge economy'' in which there will be a dramatic acceleration of the flow of information. The digital nervous system he said, is all about leveraging the two revolutions in IT in order to increase competitiveness. The first revolution was the packaging of more and more computing power in PCs to the extent that they became digital dashboards and the second was connection of this power with that of the Internet. He said Microsoft was ``reinventing itself for the PC plus era'' which was expressed by Bill Gates himself .
Šaltinis: The Hindu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

European Payments Council issues report about ATM anti-skimming, security tips

According to the council's report, ATM-skimming fraud, which involves illicitly copying ATM card information stored on magnetic stripes, is increasing in Europe. more »

HP Brings First All-in-One Touch-enabled Desktop Technology to Business Customers

Building on the success of the recent HP TouchSmart PC for the home, HP today introduced the market’s first all-in-one, touch-enabled desktop PC for businesses. more »

Microsoft’s Ballmer Announces Availability of Windows 7 Beta

Microsoft Corp. Chief Executive Officer Steve Ballmer announced the beta availability of the Windows 7 operating system as well as the availability of the latest version of the Windows Live, a suite of personal communications services and applications. more »

Wincor World '09 to focus on cash, deposits, self-service

Cash-cycle management, branch optimization, sales/marketing consultation and automation, automated checkout and managed services are expected highlights for January's Wincor World 2009. more »

Christa Prets on media literacy in a digital world

We all need to better understand the media we are touched by daily, especially the young, says Austrian Socialist Christa Prets. MEPs backed her report on “media literacy in a digital world” on Tuesday. more »

RSS: another way of keeping up-to-date with parliament

Since October, readers of the European Parliament's web pages have had access to RSS, which allows them to keep up-to-date with what is going on via a free subscription. more »

Fox Selects Motorola For Transition To All HD

Fox and Motorola collaboration results in first all-HD programming distribution strategy. more »

Wincor Nixdorf installs cash management technology at Shell service stations nationwide

Wincor Nixdorf has won a contract to integrate its cash management solution, consisting of staff-assisted self-service terminals, software and comprehensive services, in the checkout zones and IT operations of Shell Deutschland’s 1,300 service stations. more »

“e-Parliament” discusses connection with voters

The role that the internet can play in parliamentary democracy was explored this week when 400 people gathered in Brussels for the annual “e-Parliament conference”. more »

History, culture and art go digital

The EU’s new digital library brings vast treasure trove of historical documents, rare and valuable manuscripts and exquisite cultural artefacts to your desk. more »