The Next Big Thing
Posts about next generation technologies and their effect on business.

Time and the technology industry

time on the clock.pngIt is a new year and that gets me thinking about time. Time is one of the few resources that is equally distributed to all. We all get 60 minutes to an hour (excluding relativistic effects). It is how we use the time available that makes it more valuable.

 

For some people, time seems to flow like a river and they just float along, for others time is something to be harnessed and directed. I was talking to some folks last week about technologist development and I stated that “in our industry the majority of what is learned this year will be obsolete in a short time. Learning how to learn is a critical skill if you want to continue to have impact.”

 

Time is the fire in which we burn. What we learn is consumed quickly so we need to gather more fuel. It requires an active effort.

 

In the IT space, where about 80% of IT resources are consumed in just keeping the lights on, it can be easy to allow time to flow. Freeing ourselves from this budget trap will take a new approach. One that directs resources in new directions and the bold use of new capabilities. It’s a resolution for the new year that we should all take. We need to ask: how do we drive down the fixed costs that deliver on yesterday’s problems and refocus those resources on what is needed for the future.

 

Time may be a great healer, but it's a lousy beautician – unknown

 

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