 ATMs, PCs and other
electronic devices are triggering a metamorphosis of the brick and mortar branch. But it won't be going away.
First Chicago re-engineered its financial and administrative
structure, installed new systems based on new technology, hired new top executives and acquired another bank. All at virtually the same time.
Wall Street loves the fact that intranets drastically reduce
the costs and time required to conduct business. Wall Street hates intranets' potential to cut bankers and brokers out of the loop.
|
|
 Halfway through an ambitious three-year
initiative to create common systems for its three formerly independent companies, Talbot's hopes to ultimately save more than $100 million a year.
Retailers moving toward an open future are leaning more and
more toward platform vendors equipped to handle everything from the client side to the database.
Retailers that control their supply chains will have valuable
data at every step of the production, distribution and purchase cycle.
|
Departments learn the ways of the enterprise as providers
tighten controls over ancillary systems to better integrate delivery networks.
Telecom companies jump on the intranet voice bandwagon,
but audio quality, bandwidth allocation and systems deployment problems persist.
