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Saturday, December 31, 2016

Digital Information Technology

When a thought of a New Economy Digital Era comes to mind, many sellers and buyers have experienced the digital era artifact. With the rapid growth in the world of digital, innovations yet holds the key wealth economy. The competitions are not just among the private sectors, but they are among the nations. Big government had taken a huge role in the world of digital to grow their economy, yet, developing country's thirst after the treasure. Policies and Regulations are a great impact on private sectors. These policies and regulations must comply in the private sectors. Many companies have failed success because of these regulations led to huge financial losses. This is contradicting to economic growth in the economy because regulations led to deficiency for both the economy and private sector. Without a discovery plan to identify regulations before huge financial losses, many economies and private sectors will contribute to economic waste. Something that most economy would like to avoid. Giving reason to why some economies have chosen to continue in the not existing before era, many economies are forcing and introducing the developing countries to engage in the era. While some developing countries are interested in the era now for the first time expecting to achieve the wealth and resources of capitalism emerging nations. Shifting to the computer age, the digital age and new media age are the period that characterizes human history, shifting from traditional to resolution based on Information Technology, allowing public service organization that contracts with the government and other public service, and agencies, relating both sub-national and national levels. Therefore, a community of culture and interests are the drive to this motivation, but impacted by the influential nations. However, many organizations are investing millions of dollars in media digital. According to https://www.bloomberg.com/news/articles/2016-10-13/discovery-invests-100-million-in-new-digital-media-company, the new company, Group Nine Media, combines several millennial-focused online publishers: Thrillist, a lifestyle brand; NowThis, a leading creator of social-media videos; the Dodo, a website focused on animals; and Seeker, a web video series focused on adventurers. Discovery announced the investment Thursday in a statement, and Last year, Comcast Corp.’s NBCUniversal invested $200 million in both BuzzFeed and Vox Media, publisher of the Verge, Eater and Recode. This year, Time Warner Inc.’s Turner, which runs the TNT and TBS cable channels, led a $45 million investment in online publisher Refinery29 and led a $15 million funding round for the news website Mashable.

According to http://jerrybrito.pbworks.com/f/Digital Era Governence 2006.pdf, researches information relates to the title, New Public Management Is Dead—Long Live Digital-Era Governance,” this ebbing chiefly reflects the accumulation of adverse indirect effects on citizens’ capacities for solving social problems because NPM has radically increased institutional and policy complexity, but new developments create and accumulate while older trends are still playing out and apparently flourishing. In the new economy, digital era, many organizations are researching nations that remain in tradition, trends rather developing in the economy digital era. According to Dunleavy, P., Margetts, H. Bastow, S. and Tinkler, J., a confusing welter of changes goes on simultaneously, among which it is difficult to distinguish ephemeral and hyped-up innovations from those that are fundamental and long lasting (Lynn 2000), but a significant change has recently occurred in the public management systems, yet die in the water, but there are some influential advanced countries, for example, United States, United Kingdom, Canada, Australia, New Zealand, and the Netherlands; moreover, the almost complete outsourcing of government IT functions to private sector systems Integrator firms in Australia, the United Kingdom, and New Zealand, are effectively irreversible; on the other hand, Increased pay differentiation inside public agencies is evident in the United States, United Kingdom, and Australia.

According to Kulatilaka, K., and Venkatraman, N. (http://people.bu.edu/nalink/papers/BSR.pdf),
OnStar has transformed the automobile from a standalone mechanical engine towards becoming a node in a complex, fast-changing network of multiple services, and these include automatic notification of air bag deployment, stolen vehicle tracking, medical network, emergency services, roadside assistance with location, remote door unlock, route support, concierge, and convenience services such as location of hotels, restaurants, gas stations and other points of interest; however, the performance of the automobile itself could become software-enabled, thus compelling the automakers to elevate IT to be a core facet of its operations. Alternatively, the concierge and convenience facets could be attractive fee-based offerings with high margin potential much like the financing arm today. Or the technology focus may shift from being car-centric to be person-centric through devices such as next generation personal digital assistants or third-generation mobile phones1.

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