The Bleeding Edge: 2009 Technologies, Part I

 

What better time than the present, a few weeks after the September 2008 Wall Street crash, to explore the changes driven by the shifting financial situations around the world? Business credit will be in very short supply during 2009.  Many of the traditional sources of funds for corporations have already been dramatically tightened.  Financial institutions have tightened their lending requirements and will continue to increase their level of due diligence.  This will slow the expansion of new products and markets, and even impact existing projects that are capital-intensive.  Quick access to new working capital will be very difficult to negotiate in 2009. 

The environmental greening coupled with an increasingly complex energy situation and compounded by the scarcity of venture capital funding will trigger a slew of problems next year. The greening of information technology started in 2007.  In 2008, the globalization of green was a reality.  But the dramatic impacts of green on global business markets will be felt in 2009, impacting the commercial and consumer marketplaces. It will trigger efforts and efficient procedures for conserving power. We can expect less travel and a changing cost basis for transportation-dependent products. Not only will energy conservation be entwined in business strategies, access to energy fuels and rising …

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