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Virtualisation as a New Trend of Applications of the Global Information Technology (IT) - Analysis on the Example of Transformation of Small and Medium Enterprises (SMEs) in the Global Market
Abstract
A new trend of applications of the global IT has appeared in the contemporary management that is called virtualisation. Virtualisation is such a process of transformation of an organisation that allows small and medium-sized enterprises (SMEs) to break through various limitations in their functioning. Most of them were difficult to overcome without application of IT. One of the existing barriers is limitation of the scale of SMEs functioning. Such enterprises were commonly associated with a local market, and their operation in the global market was a rarity. Even if they existed in it, their operation usually concerned specific products or services. Their operation in the global market was mostly restricted to operation as subcontractors of LEs.
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