Competetive Advantages-Wachovia

1. Competitive advantages are what companies are constantly striving to achieve. They score competition between organizations that are battling against one another for the flush spot in the market place. These competitive advantages, such as faster technology and co-location of servers, offer a better reaping to the customers who are reaching out for certain goods and services. The improvement of the speed up of technology has increased profits as well as competition between businesses that offer the same mathematical product. This situation get out continue and is not sustainable. New and faster technology willing always be introduced into the environment, creating rat races for the top spot. When the market moves, you move. hot technology piece of tail sometimes decrease the need for employees, which can benefit companies by increasing their revenue. This can help sedate out volatility, the herd buying and selling in the trade business. One day, everything might just be ran by machines because technical innovation will always continue to grow. By sexual union the storage blades with the processing blades, Wachovia was able to be more cost-efficient at reading and writing temporary files. By utilize new technology, they were able to process capacity at 1/3 of the normal cost.

New ideas and programs will always be changing but they will continue to make manoeuver more efficient. The co-location of servers created a faster time for information to be transferred and allowed for more monetary gain in just milliseconds. Since its not the speed of the servers that is a problem, only distance, it will repose constant unless they find a way to work justifiedly on top of the servers. 2. Coming up with new products or features can enable companies to be successful. The customers value, on with the right price, can give a competitive advantage. It is not all about the right cost, but also if the consumer recognizes if the product is worth their commitment or not. Information technology is a tool in the... If you want to get a bountiful essay, order it on our website: Ordercustompaper.com

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