Connected Businesses:
Super fast communications and intelligent networks in Tasmania will foster innovation for products and processes – driving productivity and increasing the competitiveness of Tasmanian business. Using this infrastructure to support new media, sustainable technologies and knowledge-based industries will stimulate the economy and create opportunities for all Tasmanians.

Instant global communications have opened up new opportunities for all Tasmanian businesses – whether they’re large traditional enterprises selling tangible goods, or single-operators selling packets of electrons.

Over the past decade, 85% of all productivity gains in Australia’s manufacturing sector and 78% of gains in the services sector have come from information and computer technology (ICT) solutions. ICT solutions enable Tasmanian businesses to:

• cut costs and improve services
• reach global markets
• communicate better with staff and customers
• learn more about competitors and emerging markets
• source raw materials and components
• integrate and coordinate with alliance partners.

Deep knowledge of markets, a close reading of competitors and a thorough commitment to quality and service are the other critical elements to bring sustained prosperity.

Embedded, connected intelligence – in people, networks or machines – is another fundamental factor that determines whether organisations can learn enough to properly grow into the future.

For further information, the following link gives an insight into how IBM is looking at  smart business.