Monday, January 10, 2011

M.I.T. Takes iPad Approach

In a short article from the Wall Street Journal The Massachusetts Institute of Technology's Sloan School of Management's decision to go "paperless" by reviewing all of their applicants through Apple Inc.'s iPad tablets is reviewed.

"IPads were purchased for all 15 admissions team members at an approximate cost of $9,500; the school believes it will save $10,000 a year in paper costs", says Rod Garcia, director of M.B.A. admissions.

The decision by M.I.T. to use the iPad technology directly affects paper companies, and Apple Inc. The paper company that the university gets it's paper from will lose money while Apple will gain revenue. The action would not have the power to topple the paper company but in years to come the change by the university can become influential to other universities, companies, and general populations around the globe to become "paperless". I personally think that paper will become less and less used in the years to come. That is to say I don't think that we will see paper become obsolete any time soon, but I do believe that we will continue to see a steady rise in personal electronic production and consumption. Especially in a company like Apple, the potential for a company with a production selection like theirs in today's market can and already has taken over our world by storm. According to a source on digg.com 50 million American's own an Apple Inc. product and this measure was taken in 2007 so the number has probably increased significantly with the introduction of the iPhone 4g and the first generation iPad. M.I.T.'s change to "paperless" is only the first step to the makeover of the educational use of technology and Apple Inc. seems to be in the driver seat to make millions off of it.





6 comments:

  1. Is M.I.T.'s decisions based off "going green"? Also, going paperless cuts down on that cost but does the increased computer usage offset that cost? What is their reasoning for just giving them to the admissions team, why not professors, counselors etc...?

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  2. In addition to the expenses saved on actual paper, the savings of postage and delivery expenses should also be taken into account. What types of future problems/opportunities arise for companies like FedEx, DHS, and UPS with more document transactions becoming paperless?

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  4. To "Brad", I do not know M.I.T.'s intentions with using the iPad technology, nor do I know if they have also encouraged the iPad technology in other offices and departments of the institution. The usages costs probably are not as extensive as paper costs, ink costs, etc. I would expect to see more money pumped into the schools technology services to create a very available and reliable network to their employees.

    To "James" I would not expect companies such as UPS, FedEx, etc. to see much change in their income because I would expect more of their work goes into shipping and delivering packages of larger items. But you are correct in the sense that not only will M.I.T. save upwards of 10,000$ on paper, but ink cartridges and other printing products as well.

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  5. The paper company will probably lose money, but there will still be a need for its services. Colleges send out tons of advertisements and print out campus maps, among other things. Plus, if they rely solely on digital information, they'll be in quite a bind if something goes awry and all that information is lost. They'll probably still need hard copies, and that's when paper has the opportunity to come into play. In relation to delivery companies such as UPS, I actually think they'll benefit from this age of technology. People aren't just relying on computers for admissions processes, but for almost everything that they're able to rely on computers for. It simply takes less effort. Consequently, people will be buying more online, which means their items have to be delivered. That means an increase in business for delivery companies.

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  6. If M.I.T. is going paperless then will they be responsible to get their students laptops or iPads? If so, that is quite expensive and yes in the long run they will save money on paper, and then even folders, binders, pens, etc. In reality though, the majority of the students have a laptop or an iPad already so the school probably wouldn't even need to buy the students any. The move to go paperless is a smart way to save money, but the increased use of computers could also lead to an increase in the electrical bill. If more electricity is being used to charge all these electronic devices, what does that mean for the electric companies and even the oil companies? Either route we chose, there is still a lost of natural resources and fossil fuels, but the papeless option probably wouldn't be nearly as harmful as continuin to cut down trees to make more and more paper. Less tress means less oxygen! In the end, we can always use alternatives to natural resources to power our lives.

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