...Computer Science and Information Job Growth David Vaughn ECPI University Abstract Since the early 1980’s computer technology has been rapidly expanded and as a result has become one of the fastest growing job markets. Jobs in the computer science and information field are at an all-time high and oddly enough the number of students majoring in this field has dropped. We live in an age of electronics where just about everything we use or come in contact with has some form of computerization controlling it. As our lives come more dependent of electronics the demand for better and smarter gadgets quickly increases. This in turn opens the new career opportunities in the field of computer science. Computer Science and Information Job Growth It sounds like a science based fairly-tale, but the second that Steve Jobs and Steve Wozniak created the first Apple computer and Bill Gates started Microsoft, the computer science field has never been the same. Software and computers have grown and advanced in ways they initially never thought possible. The growth in the field of technology has sky rocketed over the past decades bringing an outstanding need for careers that need filling by enthusiastic and dedicated people. The job demand for the computer science field is only growing and shows no sign of a decrease. Computer science and information is such a broad field of employment that there are hundreds of job titles that fall under it. Network security, programmers, gaming programmers...
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...benefitted from discussions on these topics with many people, especially Erik Brynjolfsson, Joel Mokyr, Jack Triplett, and the late Zvi Griliches. "The invention of the semiconductor transistor set in motion a technological revolution that is arguably even more impressive and pervasive than that of the Great Industrial Revolution of the last century." -- Flamm (1997, p. 1) "The chip has transformed us at least as pervasively as the internal-combustion engine or electric motor" -- Fortune magazine, June 8, 1998, pp. 86-87. The miracle of U. S. economic performance in the late 1990s was a source of pride at home, of envy abroad, and of puzzlement among economists and policymakers. 1 The Federal Reserve presided over rates of output growth believed only a few years earlier to be unachievable even for a few quarters, much less over the four glowing years 1996-99. As the unemployment rate inched ever lower, the Fed reacted with benign neglect, so that early in the year 2000 short-term interest rates were no higher than they had been five years earlier and long-term interest rates were considerably lower. Underneath it all lay the apparent demise, whether temporary or permanent, of two relationships that had restrained economic performance for the 25 years prior to 1996, Phillips' curve and Solow's paradox. Whatever had prevented "core" inflation rates from accelerating in the face of steadily falling unemployment — whether a set of beneficial shocks or a flattening of the...
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...Information Technology Computer Networking Systems | Is it Competitive in the Global Marketplace | | [Type the author name] | | EN1420 Composition II Professor Procopio | Table Of Contents Cover Page ……………………………………………………...Page 1 Table of Contents ………………………………………………Page 2 Evaluation ………………………………………………………Page 3 – 4 Concept Map …………………………………………………....Page 5 Outline …………………………………………………………..Page 6 Professional Letter ……………………………………………..Page 7 Information Technology Computer Networking Systems The field of IT specifically networking is a field that has been growing very rapidly in the United States. The mobile data trend (smart-phones, tablets, etc.) and “cloud computing” (subscription-based or pay-per-use services like apps and data storage) mean companies that scaled back I.T. departments in the 2008 economic downturn are hiring again. This is good for anyone in this particular IT field and shows a trend for future growth. In the next few paragraphs I will discuss current pay rates and projected job growth of this industry over the next 8 years. Prospects should be best for applicants who have an associate’s degree or a bachelor’s degree in computer science and are up to date on the latest technology. The amount of education a person has in this field will greatly improve his chances at receiving a higher salary then those with less training. There are many aspects to this field and the jobs available can vary. Network and computer systems administrators...
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...incentive equal to 20% of profits. SCM also required that the investors keep their money for a minimum of 2 years. The firm is looking to invest into Internet Sector. And currently they are exploring Ubid, an online auction company and a subsidiary of Creative Computers. Ubid and Creative Computers Ubid is a subsidiary of Creative Computers, a catalog distributor of computers and computer peripherals. In 1998, the company began selling computer equipment over the internet. Ubid website was developed to sell factory excess and refurbished goods through an auction format. Buyers could view and bid on computers, peripheral equipment and other consumer electronics. Ubid generated revenues of $2.1m in its 1st quarter. Creative Computers’ management felt that its stock price did not adequately reflect the potential of internet business as other internet players in the market were highly valued. Therefore, with an intention of improving valuation, the company decided to carve-out the internet subsidiary. Inorder to discover the fair price, the company decided to roll out an IPO of 20% of Ubid’s equity. The management also decided to distribute the remaining 80% of Ubid’s shares to the share-holders of Creative Computers in a tax free spin-off six months after the Ubid IPO. Through IPO, the company sold 1.817m shares at a price of $15 per share. On the first day of trading, Ubid shares opened at $38 and reached a high of $60 before closing at...
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...the internet sector. Elena was specifically interested in a recent IPO by Ubid, an internet auction. Ubid and Creative Computers Ubid is a subsidiary of Creative Computers, a catalog distributor of computers and computer peripherals. In 1998, the company began selling computer equipment over the internet. Ubid website was developed to sell factory excess and refurbished goods through an auction format. Buyers could view and bid on computers, peripheral equipment and other consumer electronics. Ubid generated revenues of $2.1m in its 1st quarter. Creative Computers’ management felt that its stock price did not adequately reflect the potential of internet business as other internet players in the market were highly valued. Therefore, with an intention of improving valuation, the company decided to carve-out the internet subsidiary. Inorder to discover the fair price, the company decided to roll out an IPO of 20% of Ubid’s equity. The management also decided to distribute the remaining 80% of Ubid’s shares to the share-holders of Creative Computers in a tax free spin-off six months after the Ubid IPO. Through IPO, the company sold 1.817m shares at a price of $15 per share. On the first day of trading, Ubid shares opened at $38 and reached a high of $60 before closing at $48. The fundamentals of the company looked strong with rapidly growing sales. The growth in sales was 637% in...
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...2 – External Analysis Oracle: Software License Update and Product Support Computer Systems Design Support Industry By Catherine Wowk Oracle operates six different business segments. Software License Update and Product Support is a segment of Oracle’s Software and Cloud Business which provides support services such as Oracle Lifetime Support, upgrades, enhancements, and technical support. It is roughly 47% of Oracle’s total revenue and produce the highest business margin at 89% and 77% of total business margins. (3) Oracle’s Software License Update and Product Support is in the IT Consulting Industry, more specifically the Computer Systems Design Support segment. Oracle makes up 3.7% of the industry’s total revenues. (Appendix A) As Software License Update and Product Support makes up the majority of Oracle’s profits, we will analyze the Computer Systems Design Support industry in which it operates for the remainder of this paper. (3) Overview: The Computer Systems Design Support (CSDS) industry provides installments, training and support to system users. IT Consulting is highly fragmented, offering many different services including Computer Systems Design Support. CSDS, in turn, is more concentrated. The industry SIC and NAICS codes are 7373 and 541512, respectively. (2) It has been in the growth stage of the industry life cycle since the early 1990’s, only recently slowing down in growth rate, it is still expected to be one of the fastest growing industries in the...
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...performance and increased growth which will eventually lead to increase the market share, and to take advantage of the booming computer industry, Dell needs to come up with a plan to finance the future growth. II. Dell Computer Corporation, founded in 1984, designed, manufactured, sold, and serviced high performance personal computers (PC’s). Its core strategy, and advantage over competitors, was selling directly to customers. In 1996, Dell reported an impressive growth in sales of 52%. III. We forecasted, using the percent of sales method, for the next three years financial statements and we have done two analyses. First by increasing sales 20% and the other we increased sales by 50%. The financial ratios of our pro forma were also calculated. All these information were used to figure out the Additional Fund Needed (AFN). Our final results came with negative AFN which means that Is this essay helpful? Upgrade your account to read more and access more than 650,000 just like it! GET BETTER GRADES the company doesn’t need external financing. IV. As we have seen in our analysis, Dell has it all worked out. By using its inventory system accurately, the company has more than enough resources to finance its growth internally and without any need for external financing. Moreover the company, using its internal funds, can payout its long term debt and increase its dividend policy without affecting its growth and future expansion potentials. Dell Computer Corporation Company...
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... Pg. 11 Pg.12 I. Background a. The Industry “The global PCs market has seen a shift in consumer preference to the budget range PC, from the PC at the cutting edge of technology. Consequently, despite increasing volume sales, the majority of PC markets have lost value in recent years. Strong growth in the Asia-Pacific markets have somewhat buoyed the global market. The global PCs market reached a value of $142.9 billion in 2003, having grown with a compound annual growth rate (CAGR) of 0.7% in the 1999-2003 periods. The leading revenue source for the global PCs market in 2003 was the desktop sector, which accounted for 69.3% of the market’s value. In value terms, this sector was worth $99 billion in 2003. During the next five years, the market is expected to experience steadily growing growth rates. By 2008, the market is forecast to reach a value of $158.2 billion, equating to a CAGR of 2.1% in the 2003-2008 period.” (Datamonitor, 2010) b. The Company “Lenovo Group (Lenovo) is engaged in the manufacturing of personal computers (PCs) related IT products, and services. The group also provides a range of notebook computers, desktop computers and servers. It divested the...
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...be held responsible for omissions or errors. Figures in tables and analyses are calculated from unrounded data and may not sum. Analyses found in the briefings may not totally reflect the companies’ opinions, reader discretion is advised. Apple Inc Consumer electronics Retailing Portable computers Electronics and appliance specialist retailers Portable media players Internet retailing This profile of Apple Inc examines the company’s operations in consumer electronics and retailing, with a focus on forward looking analysis of its prospects in computers and portable consumer electronics. A brief overview of Apple Inc’s content retailing and operational specifics is provided to supplement the core analysis. Smartphones © Euromonitor International CONSUMER ELECTRONICS: APPLE INC PASSPORT 2 STRATEGIC EVALUATION COMPETITIVE POSITIONING MARKET ASSESSMENT CATEGORY OPPORTUNITIES BRAND STRATEGY OPERATIONS RECOMMENDATIONS STRATEGIC EVALUATION Key company facts Apple Inc Headquarters Cupertino, CA Apple`s performance in 2010 improved significantly with sales increasing by 52%, to US$65,225 million. The main factor of the increase in growth was the continued success of the iPhone. 2010 followed a more moderate performance in 2009, when the company was transitioning from sales of desktops, laptops and media players to focusing on the iPhone and iPad as its...
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...sustain and improve Dell’s performance and increased growth which will eventually lead to increase the market share, and to take advantage of the booming computer industry, Dell needs to come up with a plan to finance the future growth. II. Dell Computer Corporation, founded in 1984, designed, manufactured, sold, and serviced high performance personal computers (PC’s). Its core strategy, and advantage over competitors, was selling directly to customers. In 1996, Dell reported an impressive growth in sales of 52%. III. We forecasted, using the percent of sales method, for the next three years financial statements and we have done two analyses. First by increasing sales 20% and the other we increased sales by 50%. The financial ratios of our pro forma were also calculated. All these information were used to figure out the Additional Fund Needed (AFN). Our final results came with negative AFN which means that the company doesn’t need external financing. IV. As we have seen in our analysis, Dell has it all worked out. By using its inventory system accurately, the company has more than enough resources to finance its growth internally and without any need for external financing. Moreover the company, using its internal funds, can payout its long term debt and increase its dividend policy without affecting its growth and future expansion potentials. Dell Computer Corporation Company Background Dell Computer Corporation was founded by Michael Dell in 1984. The...
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...Apple Computer, Inc. is a computer technology company offering award-winning and innovate products. Founded in 1976 by Steven Jobs, Ronald Wayne, and Steve Wozniak, together the trio built and designed a motherboard in Job’s garage and labeled their first product Mac I. As technology advanced with break-through developments, Apple has evolved into a leading computer technology company boasting an array of cutting-edge products. Ranked currently 263 in the Fortune 500 and 159 in FT Global 500, Apple has 14,800 employees located across the globe. Based in Cupertino, California, Steven Jobs is the current Chief Executive Officer and Director of Apple accompanied by six other individuals who comprise the Board of Directors. As a publicly traded company under the stock symbol of AAPL, Apple experienced significant growth and profitable financial results. According to Hoovers, which provides in-depth financial information of large public companies, Apple accomplished a one year net income growth of 383.7 percent and a one year’s sales growth of 68.3 percent. From year 2005 sales, Apple grossed $13,931 million dollars—$8,194 alone in the Americas. Nevertheless, Europe, Japan, and Asia’s strong market accounted for 36 percent of overall sales. Apple’s success is a result of their highly desired, sleek, stylish, and creative products. Since Apple was founded, implementing new technology has always been an important objective for Apple. The company transformed the music industry...
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...The Evolution of Human Computer Interface and Beyond Contents 1. Abstract 2 2. Introduction 3 3. Evolution of HCI 4 4. Important features and facts to ponder 5 4.1 Operating systems and their role in HCI 5 4.2 HCI in the making of a virtual reality 6 5. Glimpse towards the future of HCI 7 5.1 HCI for enhancing human life 7 5.2 Uses and Impacts of HCI 9 6. Conclusion 11 7. References 12 Abstract “HCI concept came into the spotlight after various researches; the improvement of GUIs paved the path for a better and advanced interaction between humans and computers. Interaction with computers has become so close; it almost devoured the human life styles. Future human life will be much dependent upon technology than ever before.” Introduction People live in a curious and modern world where they go to no lengths to embrace technology. It is people who pick and choose what to use more efficiently. HCI (Human Computer Interface) is one of the catalysts which revolutionised the computer technology to a greater extent during the past three decades. HCI concept came into the spotlight after various researches which had been done on various universities and other research labs mainly across USA. But HCI took the centre stage after the rapid growth of GUI (Graphical User Interface)...
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...The computer hardware industry consists of companies that manufacture and assemble personal computers, computer hardware, and computer peripherals. This industry is highly competitive, which means that companies must continuously be innovative in order to sustain a competitive advantage. The major companies of this industry include Oracle, IBM, HP, Dell, Apple, and Toshiba. This analysis will focus on computer manufacturing since it is the largest component of the industry, containing 43.7% of the market’s total value. The computer industry has been rapidly growing and shows no signs of slowing despite the recent economic downturn. This report relies on secondary research sources. Many of them from online sources such as; company websites, S&P Net Advantage industry reports and IBISWorld. Primary research includes the IBC mentor and additional faculty and library staff. PEST Political Beginning with the political and legal aspect of PEST, this industry is subject to several regulations. First, like any company in the US, the companies in the computer manufacturing industry must follow GAAP accounting laws. Some companies are subject to regulations regarding ethical business practices such as the Foreign Corrupt Practices Act and the Fair Labor Standards Act. The American Inventors Protection Act of 1999 addresses the rights of inventors as well as how they can effectively submit and use patents. Legal battles among major firms in the industry are quite common and depending...
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...0 PEST Analysis of Dell Company…………………………………………...11 9.0 Porters Five Forces of Dell………………………………………………….13 10.0 Stage of Industry Lifecycle of Dell…………………………………………16 11.0 Recommendation to improve performance of Dell…………………………17 12.0 Conclusion…………………………………………………………………..18 Bibliography………………………………………………………………………....19 Appendix…………………………………………………………………………….21 Overview of Industry Life Cycle Industry Life Cycle (ILC) is the stages of evolution through which an industry progresses as it moves from conception to stabilization and stagnation. Different analyses posit different stages of an industry life cycle (usually four to five), but all emphasize that an industry has a beginning, with technological innovation; a period of rapid growth; maturity and consolidation; and finally decline and possibly death. Industry dynamic impacts firm strategy and survival, and it is important to managers understanding that whether firm should compete or cooperate at different stages of the industry life cycle (Wilson & Hynes, 2009). One of the main tenets of how firms and industries evolve is that, as some businesses mature, the basis of competition shifts from product innovation to process innovation (Utterback and Abernathy 1975; Utterback and Suarez 1993; Utterback 1994; Klepper 1996, 1997; Adner and Levinthal 2001). Although the ILC is important, some firms denied that all stages are crucial to them. Thus, the following part would discuss about literature review of ILC in Technology...
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...to order idea was just that, a game changer. A few years after coming to market, Dell was the 3rd most admired company by fortune magazine. By the early 2000’s Dell like other PC companies began to see a rapid decline in revenue growth. This decline, brought to surface the need to look at diversifying their product and service offerings. These included but are not limited to; is the increase service offerings, expanding into the server and storage space as well as extending their reach globally. Today we will look at the company and how it began, some of their key issues, review a SWOT analysis that will bring us to our decision and why we believe this to be the best path. The Company In 1983, Michael Dell began with a simple strategy of providing PC upgrades to companies who were looking for a more customized PC. After a few years this lead him to a “Buy - Upgrade – Sell” model, where they would purchase IBM computers, upgrade them and then sell them for a profit. By 1985, Dell moved to assembling PC’s through a Build to Order model, this strategy was so successful it provided them with over $70M in sales by the end of the year. The PC’s were produced with a very modular design, so this facilitated manufacturing. In fact, Dell computers are very easy to work on. Memory is very easy to replace or upgrade, and disk drives and power supplies just snap in. With success came the need to brand their company and it officially became Dell. Dell’s Initial Public Offering...
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