Computers and Technology

The millennium era is the season for information technology, internet and computers. They become the parts and parcel of our daily life. We cannot dream of living without them. In order to honor them, I provide in this article, various prospective reflections on computers and technology.

Here they are:

Technology is ruled by two types of people: those who manage what they do not understand and those who understand what they do not manage.
Any sufficiently advanced technology is indistinguishable from magic.
The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.
Information Technology and business are becoming inextricably interwoven. I don’t think anybody can meaningfully talk about one without talking about the other.
Technology is nothing. What’s important is that you have a faith in people, that they are basically good and smart and if you give them tools, they will do wonderful things with them.
Every once in a while, a new technology, an old problem and a big idea turn into an innovation.
The science of today is the technology of tomorrow.
I think it’s fair to say that personal computers have become the most empowering tool we’ve ever created. They are tools of communication, they are tools of creativity and they can be shaped by their user.
Treat your password like a toothbrush. Don’t let anybody else use it and get a new one every six months.
The next major explosion is going to be when genetics and computers come together. I am talking about an organic computer – about biological substances that can function like a semiconductor.
Computing is not about computers anymore. It is about living.
With all the abundance we have of computers and computing, what is scarce is human attention and time.
The new information technology – internet and email – have practically eliminated the physical costs of communications.
Part of the inhumanity of the computer is that, once it is competently programmed and working smoothly, it is completely honest.
By the time we get to the 2040s, we’ll be able to multiply human intelligence a billion-fold. That will be a profound change that’s singular in nature. Computers are going to keep getting smaller and smaller. Ultimately, they will go inside our bodies and brains and make us healthier and smarter.
Summing up, those are quite a few reflections on computers and technology that speak boldly on their prospects, importance and efficiency.
Rosina S Khan has authored this article. For a wealth of free resources based on an Academic Guide on Databases, quality scholar papers, valuable blogs, commendable articles, amazing self-help eBooks an

Many companies are not aware of the significant benefits related to acquisition financing in computers and technology segments. The proper term for this type of financing is ‘ Technology lifecycle management ‘. Most business owners simply consider the following question: ‘Should I buy or lease my firms new computers and software and related products and services?’

Two old adages related to leasing still ring true when it comes to the technological aspect. That is that one should finance something and depreciates, and one should buy something that appreciates in value. Most business owners, and consumers as well know very well that computers depreciate in value. Systems we paid thousands of dollars for years ago are now hundreds of dollars. Walk into any ‘ big box ‘ retailer and see the dramatic moves in technology.

Business owners who finance technology demonstrate a higher level of cost effectiveness. The company wants to reap the benefits of the technology over the useful life of the asset, and, importantly, more evenly match the cash outflows with the benefits. Leasing and financing your technology allows you to stay ahead of the technology curve; that is to say you are always using the latest technology as it relates to your firms needs.

Businesses that lease and finance their technology needs are often working better within their capital budgets. Simply speaking they can buy more and buy smarter. Many companies that are larger in size have balance sheet issues and ROA (return on assets) issues that are compelling. They must stay within bank credit covenants and are measure often on their ability to generate income on the total level of assets being deployed in the company.

Lease financing allows those firms to address both of those issues. Companies can choose to employ an ‘ operating lease ‘ structure for their technology financing. This is more prevalent in larger firms, but works almost equally as well in small organizations. Operating leases are ‘ off balance sheet ‘. The firm adopts the stance of using technology, not owning technology. The lessor/lender owns the equipment, and has a stake in the residual value of the technology. The main benefit for the company is that the debt associated with the technology acquisition is not directly held on the balance sheet. This optimizes debt levels and profitability ratios.

At the end of those operating leases, which are usually 36 months long, the customer has the option of:

1. Returning the equipment
2. Buying the equipment ( not likely though )
3. Negotiating an extension of the financing for continued use of the computers, technology, etc.

Companies that have recently acquired computers and technology can in fact negotiate a’ sale leaseback ‘ on those same assets. This financing strategy brings cash back into the company, as the firm has employed a leasing and financing strategy building on our above noted them – using technology, not owning technology.

In summary, the key benefits of computer and technology lease financing are:

* The company can stay ahead of the technology curve
* Computer leasing and financing has significant balance sheet and income statement benefits
* The firm has flexibility with respect to buying new product, returning existing technology, and generating cash flow for purchases already made

Many of the benefits we have discussed relate to leasing in general. However, technology and lease financing are very perfectly suited to the business financing strategy of leasing.