Economic Empowerment through New Technology Adoption

Damian, Andrei Ionut
Publication date: 
JEL codes: 
M15 - IT Management, M21 - Business Economics, O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology, O33 - Technological Change: Choices and Consequences; Diffusion Processes.
This article analyzes the paradigm of Cloud Computing technology adoption in current global business environment in order to optimize expenditures, cash-flows and revenues for various commercial and even non-commercial entities. The subject is treated in a holistic approach emphasizing both the investing perspective and the specific principles of project management that are employed in this area. The purpose of this article is to offer both the economic and engineering community a unified perspective regarding the current trends in business dynamics based on new technology adoption and in the same time the perspective of the application of old value investing principles in this subject.
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