IT industry Essay Example | Topics and Well Written Essays - 2000 words

IT industry - Essay Example This not only benefits the environment on whole but also decreases operational expenses resulting in higher profits for the organizations. In addition, by redesigning equipments and replacing green information technology enables organizations improve its operational efficiency on numerous stages and levels. Furthermore, as policy making agencies are passing environmental and energy related regulations and policies, companies by adopting green information technology (IT) can be well-prepared for upcoming policies and guidelines. There are several options available for the organizations to improve their energy efficiency. Companies can choose from the various available options depending on the budget they have. The least costly program is energy monitoring program which enables them to gather data and monitor their usage of energy. This program helps organizations develop their own energy management plan that assist them save energy. One of the least expensive energy monitoring program s includes demand response program which acts as a communicator between the person providing the energy and the person consuming the energy. These effective programs provide organizations a potential profit stream at the times of energy demands, due to its energy reduction facility. Majority demand response programs (DRP) offer after sale services, meters and monitoring services free of cost. This allows organizations to successfully reduce and manage extensive usage of energy. However, there are few program providers who charge penalty bill in case the organizations are unable to meet the required goal of load shed. With the passage of time IT equipments are getting more and more automated and require less space to operate. Hence in order to automate their operations, large companies can invest in such equipments that entail less space to set their footprints. Such changes can do well to companies that are looking forward to a fast return on investment (ROI) for the company. Unlike the traditional methods of operation, automated equipments can provide significant benefits in terms of space and reduced heat loss as these equipments enable companies to confined refrigerated or cooling area. Moreover it can also help in less wastage of material and proficient packaging of such equipments. Other major benefits the companies will avail after switching to automation are improved and efficient production with in the same or lower cost. This means the company will be able to produce more as compared to its pre-automation period. (Rebecca Tucker, 2011) Automated IT equipments have helped in improvising efficiency and sustainability in companies that are finding ways for taking an initiative to make improvements in reduced energy consumption which was not possible in their pre-automation period. This paper will discuss the benefits of Green information technology (IT) and how it is beneficial for both the organization and the society. Moreover, one common problem i.e. its high installation and maintenance cost faced by the majority will also be discussed in detail. As we all know for all kinds of operations businesses are dependent on some or the other kind of information or communication technology. Information technol

Intellectual Property in Canadian Manufacturing Industry Essay

Intellectual Property in Canadian Manufacturing Industry - Essay Example The empirical literature is also limited to some extent. This is the reason that our understanding of IP is below satisfactory level. The patents of IP institution are considered as protectors of intellectual property as Canada has a history of intellectual property institution. In the year 1867, Canada was created as federation and its very first patent act starts from the year 1869. Right after its beginning the Patent Act used to revise several times in the last century. Recently there were major amendments took place. Canada has also abandoned its first to invent patent system for first to file system on 1st October 1989. The requirements related to disclose patents to public are modified. The duration is also modified among other amendments of patent act provisions. There is a very little information available regarding impact of Canadian patent system on Canada’s economy because there are changes made to the legislation in the year 1989 and how does it affected the econo my of Canada; this information is yet to be revealed or explored. In the international trade and investment policy the IPR issue has captured the attention. The attention can be clearly identified where the inclusion of negotiations on TRIPs within multilateral trade policy were taking place. The implicit policy assumes the differences in IPRs worldwide and these differences affect the investment flows and international trade. Intellectual property is available in different forms like patents, trademarks, copyright etc and it is considered as a firm’s property. The exploitation of this IP can be enhanced via global marketing strategies. IP can be traded by... This essay tries to establish, how the regime of intellectual property protection can stimulate the creative ideas as well as knowledge in Canada, along with ensuring the access to the innovations in an economical or affordable way. IP rights or IPRs are considered as important source in providing help to creators and innovators so that the innovators could get a pay back in exchange of their creativities. IP provides market exclusivity to innovators so that they can get benefits for their innovative ideas. IP is also involved in providing protection to intellectual property as protection is an important aspect because Canadians get the benefits of the knowledge and creativity. The optimal level of IP protection can make the contributions to the knowledge base economy of Canada. Most of the companies in Canada have a high opinion of the effectiveness and efficiency of IP protection, 66.9% of manufacturing firms in Canada use at least one of many IPRs. Organization use IP protection feel efficient work environment as compared with firms who have no idea about IP protection system, also the firm using IP protection innovated the ideas more frequently than the firms who did not and the latter use these instruments more than non-innovators. The proportion of firms that use IPRs is increasing with firm size. Firms operating in the low-tech other sector are at lowest level of IPR users. There must be an encouragement for small and medium sized firms for the usage of IP protection;