Impact of IT Resources on Moore's Law, Metcalfe's Law and Coase Law

The development of technology has accompanied the development of the way information is conveyed in communicating. The ability to transmit information makes it a very important need today. . Information is a set of messages consisting of sequence orders of symbols that can be interpreted from pesar or a collection of messages[1]. This information is then used by humans to perform various needs. Information becomes very important in the acceptance process. Then developed technology that contributes to the presenter of information efficiently and effectively. Until now, information technologies have been found that are mostly outdated and some are still used. In the development of information technology today, it can not be separated from the software or hardware used.

Various kinds of human activities, have a lot of contact with computer devices. The history of computers is an important milestone in the advancement of human technological civilization until now, especially in the development of microprocessors that underlie software and hardware to develop. Source: Wikipedia Gordon Moore, co-founder of processor manufacturing company Intel says that the number of transistors in a chip, will double in about 24 months. This affects the speed of the computer. So as to allow the development of technology that is increasingly developed, efficient and fast. The impact that occurs today actually results in the faster emerging new electronic products.

Metcalfe's law, presented by Robert Metcalfe, creator of the Ethernet Protocol, which helped computers communicate between computers in a network provides an analogy in a computer network that the usefulness of a network is as large as the number of users of a computer. When formed in a mathematical formula, Y = 0.5 (n2 – n). The impact of this law currently affects the flow of information where access to information is increasingly fast, cheap, and without being constrained by distance. Internet media is one, technology that is able to communicate almost everyone to various parts of the world. Computers that are connected to the internet, able to produce important information according to the needs of the user. Transmitting data from somewhere in the process, then sent to another place in the form of information. This will reduce the economic burden of a company, so it is expected that productivity increases.

This cost efficiency model is proposed by Coase's law. In Coase's law, Ronald Coase argued that "Along with declining transaction costs, even a small organization develops". So in other words, the organizational structure develops often the more efficient transaction costs. Technology factors contribute to the increase in the productivity of the company. The use of it properly can have a positive impact on the company.

The development of information technology has contributed to retail business. Wal-Mart is working with Symbol Technologies to develop barcoding shopping. The technology developed by Wal-Mart where buyers will serve themselves. Buyers take goods as needed from the shelves. then, scan the goods themselves with a handheld terminal provided in the store or PDA. Then put the item in a special trolley equipped with barcode reading with technology such as Bluetooth. If the item has not been scanned, the alarm on the trolley will sound, to remind us to plan it first. The total price of goods that have been scanned is paid via ATM or credit card online through PDA or hand phone. Next go to the exit to pick up receipts and wrap groceries. In the future, a supermarket may not need a cashier to help make payments. With technology like this, supermarkets can operate more efficiently and be able to control profits better.

It can be concluded, that Moore's law, Metcalfe's law, and Coase's current law, have tremendous influence in the business processes developed by a company. The ever-evolving utilization of information technology, the information that is always needed, the ever-connected network connection has affected the efficiency of financing, performance and productivity in a company.

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