Entrepreneurs aiming to take advantage of the opportunities the Internet offers are benefiting from a proven approach to fostering successful businesses. Affordable office space, venture capital and experienced mentors are helping the first wave of computer-comfortable visionaries realize their dreams while opening up a whole new world of alternatives to traditional marketing.
Letting people know whether to expect rain, sleet or snow for tomorrow morning's commute may not seem to have much in common with providing technological expertise for the Trident submarine, Minuteman missile or the space shuttle, but Evan Hineman has a way of pulling it all together.
Dealing with the Byzantine operations of the Internal Revenue Service leaves a lot of executives feeling taxed-but not Van B. Honeycutt. Instead, the chairman, president and chief executive officer of Computer Sciences Corporation, El Segundo, California, says his company's lead role in a 10- to 15-year contract to overhaul the federal tax agency's information infrastructure underscores a series of dramatic changes he helped plan 10 years ago. They include more work with Fortune 500 companies and rapid growth through acquisitions.
Technology derived from military signal analysis work is producing testing equipment for wideband applications in the private sector. These devices are capable of both storing and analyzing large amounts of data while generating a variety of broadcast waveforms.
If anyone can explain the principles behind the flight path of a boomerang, it is Dr. Edward H. Bersoff. Not only is Bersoff president, chief executive officer and founder of BTG Incorporated, a leading information technology company based in Fairfax, Virginia, but he also holds a doctoral degree in mathematics from New York University and is a former U.S. Army officer assigned to the National Aeronautics and Space
Jim Robbins, the Harvard-educated president of one of the nation's largest cable companies, was in southern California on a business trip when he decided to check his voice mail and got the stunning news that America Online had agreed to merge with Time Warner. The deal was not only the largest of its kind but one that promises to reshape how executives in a wide range of telecommunications businesses view the concept of convergence.
Next-generation signal processor technology for wireless communications is the focus of a unique research center. The Atlanta-based StarCore Technology Center combines the pooled assets of Motorola Incorporated's semiconductor products sector and Lucent Technologies' microelectronics group.
A set of software and algorithms developed to identify criminal activity in the gambling industry is now available to the federal government to help detect employee fraud and collusion. The system correlates data from a variety of sources to shed light on questionable personal relationships and transactions. In the federal sector, this system's potential uses cover internal security, background investigations and intelligence gathering.
Companies that have made their millions-and billions-in the guts and brains of information technology products are spreading their techno-tentacles into e-commerce through the gap between operation and application services. They are not leaving the world of hardware behind but rather are ensuring that their companies will continue to prosper by infusing their technical expertise into the space between the transmitter and the receiver of e-commerce messages.
The extraordinary growth of the U.S. economy since the mid-1990s has financial analysts loath to make predictions about the future and grasping for ways to assess and measure the very impetus contributing to the phenomenon-the pervasiveness of information technology. Business and government officials agree that technology has played a significant part in spurring on the sustained period of economic prosperity-from its contribution to manufacturing to its role in consumer purchasing to the impact on the work force. But success brings with it certain challenges. Companies as well as governments, while excited about today's bounty, are scrambling to address those challenges before the bubble bursts.