The error of omission was the same for all participants and the competitive terrain remained mostly level. The blossoming of the full-blown Information Age changes all that forever more. As competition stiffens, more precision is demanded. I nformation T echnology . Information is defined as anything that makes a difference.
Technology is simply the application of science to achieve industrial or commercial objectives.
Therefore, information technology is the science of big and small differences. The most dominant technology in the universe is communications technology. For example, all of computing can be derived from communications technology but the reverse is not true. Communications technology is unique in that it permits influencing or causing action over distance and across large spatial gaps. Causing action at a distance is a most significant business advantage.