Friday, July 25, 2008
Reinforcing a point I made in earlier posts, the inaugural meeting of the IT Innovation Forum in Seoul called on Korea to bolster its national competitiveness through greater integration of its information technology sector and conventional industries. As noted in the Joongang Ilbo, policy makers from the Ministry of Knowledge Economy, the Federation of Korean Industries and academia said that Korea has not taken full advantage of its world-class IT infrastructure. Participants in the innovation forum noted that efforts must be made in the coming years to push for a paperless business environment that can benefit a wide range of businesses, including logistics, and establish software as a service into everyday work. "Software as a service," is a term for online use of software for a fee, rather than purchase of software products.