Traditional Computing Markets (Blueshifting)
Redshift theory suggests that traditional computing markets, such as those serving Enterprise Resource Planning (ERP) or Customer Relationship Management (CRM) applications, have reached relative saturation in industrialized nations. Thereafter, proponents argue further market growth will closely follow Gross Domestic Product (GDP) growth, which typically remains under 10% for most countries annually. Given that Moore's Law continues to predict accurately the rate of computing transistor growth, which roughly translates into computing power doubling every two years, the Redshift theory suggests that traditional computing markets will ultimately contract as a percentage of computing expenditures over time.
Functionally, this means “Blueshifting” customers can satisfy computing requirement growth by swapping in faster processors without increasing the absolute number of computing systems.
Read more about this topic: Redshift (theory)
Famous quotes containing the words traditional and/or markets:
“There is, I think, no point in the philosophy of progressive education which is sounder than its emphasis upon the importance of the participation of the learner in the formation of the purposes which direct his activities in the learning process, just as there is no defect in traditional education greater than its failure to secure the active cooperation of the pupil in construction of the purposes involved in his studying.”
—John Dewey (1859–1952)
“When the great markets by the sea shut fast
All that calm Sunday that goes on and on:
When even lovers find their peace at last,
And Earth is but a star, that once had shone.”
—James Elroy Flecker (1884–1919)