IT's potency and ubiquity have increased.-The core functions of IT - data storage, data processing, and data transport.IT is highly replicable.-Technical standardization, dooms most proprietary application sto economic obsolescence.Several signs tha tthe IT buildout is much closer to its end than its beginning.1 .IT's power is outstripping most of the business needs it fulfills.2 .The price of essential IT functionality has dropped to the point where it is more or less affordable to all.3. The capacity of the universal distribution network(the internet)has caught up with demand indeed, we are already have considerably more fiber-optic capacity than we need.4. IT vendors are rushing to position themselves as commodity suppliers or even as utilities.5. The investment bubble has burst, which historically has been a clear indication that an infrastructural technology is reaching the end of its build out.
Although the writer is negative about the future development of IT technology, it seems that there are many other niche markets which IT related companies are digging. For example, the new era of web2.0 might able to explain this kind of situation.
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