Surviving the Financial Crisis - Innovations in Information Technology

When you visit a Shopping Mall in Asia, you find a hugeRevolution experienced in places like Hanoi, Calcutta,
range of IT products on offer, and a huge price rangeand Dhaka. Along with this change, is the realization
for similar products, ranging from unbranded productsthat educating people to use this technology, will
to the big names in IT. These products are gettingbecome a boom in the next few years.
cheaper, more diverse and more affordable.Technology will become smaller. Mobiles will only sell if
Laptops are one example, over the last ten yearsthey contain a lot of extras that a few years ago no
when Industries were relocated to the developingmobile manufacturer will consider cost effective. Now
World. Innovators in Countries like China, and India tookManufacturers in the developing World, are creating
these products they were manufacturing, and tried totheir own Mobile brands, that are inexpensive, loaded
make them cheaper and more affordable, creatingwith extras and bring technology to people who ten
new markets for their own products.years ago, could barely afford a basic phone.
Now Microsoft have already partnered with an IndianThe technological revolution that started in the early
designer to create an energy efficient 200 US Dollar1990's marches on, but in Countries that never were
Laptop, and the Indian designers have successfullypart of the IT revolution, and tech savvy Citizens of
made a 10 dollar Laptop, Asus in Taiwan, are sellingthese Countries will compete with their counterparts in
innovative mini-laptops, at 289 US Dollars.the USA, and Europe, bringing ever cheaper
There is no doubt, that innovation in the IT Industry willinnovations, that only will wire up the World, even if it is
create new customers, who will join the Internetcurrently in relative gloom.