Elon University
The prediction, in brief:

By leveraging the superhighway, many types of companies will be able to re-engineer their business to provide dramatic improvements in internal processes and a quantum leap in customer services. In the financial sector, for example, the banks will be able to work far more intimately with their customers and, for that matter, with their customers’ customers.

Predictor: Benhamou, Eric

Prediction, in context:

In a 1994 speech to the Hong Kong Telecommunications Users Group, 3Com CEO Eric Benhamou said a networked world would be of benefit to businesses: ”‘By leveraging the superhighway, many types of companies will be able to re-engineer their business to provide dramatic improvements in internal processes and a quantum leap in customer services. In the financial sector, for example, the banks will be able to work far more intimately with their customers and, for that matter, with their customers’ customers,” he said. He added that the health industry would be another main beneficiary.”

Biography:

Eric Benhamou chaired the American Electronics Association’s National Information Infrastructure Task Force from 1993-1995, representing 3,000 member companies in the fastest growing segments of the high-technology industry. He later became chairman of the 3Com Corporation, a world leader in networking technologies. (Technology Developer/Administrator.)

Date of prediction: April 1, 1994

Topic of prediction: Economic structures

Subtopic: General

Name of publication: South China Morning Post

Title, headline, chapter name: Golden Future for 3Com

Quote Type: Direct quote

Page number or URL of document at time of study:
Supplement. Page 1 http://web.lexis-nexis.com/universe/document?_m=076f77c88e72794f2cf6c3612a737280&_docnum=1&wchp=dGLbVlz-lSlzV&_md5=228a5d44e6ae1bc43786b05ddfb547eb

This data was logged into the Elon/Pew Predictions Database by: Boone, Jason Matthew