nasfaa 2000 u.s. department of education ·student financial assistance ·greg woods, coo greg...
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00 U.S. Department of Education ·Student Financial Assistance ·Greg Woods, COO
Greg Woods,Chief Operating Officer
Student Financial AssistanceU.S. Department of Education
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Prediction 1: Technology will be everywhere, used by everyone, all of the time.
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1x2000
10x
2001
Megabit
2003-4
T
H
E
W
E
B
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InternetAccess Fees
$$$/hour
1999 2000 2003
Login/Logoff
Always On
15%Drop
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1999 Growth in Internet Users(Growth in Visitors to Websites)
45 to 64 35 to 44 25 to 34 18-24
PercentIncrease
18%
16%
14%
12%
10%
8%
6%
4%
18.4% 6.8% 6.2% 17.9%
1999 Internet Report by Media Matrix
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Internet Influence on Retail Shopping
Retail Sales - 2005
Internet DID NOTInfluence Purchase
Internet InfluencedPurchase
1999
40%
2005
75%
$200B in Pure Web Sales
$600B of Brick & Mortar Retail Sales RESEARCHED ON THE WEB
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20002005
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Pure WebBrick & MortarHybrid
% Web, Brick and Mortar, and Hybrid Businesses
1999 PricewaterhouseCoopers World Economic Forum
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= 50 million mailboxes
1996150M
1999600M
20011B +
Worldwide E-mail Usage
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Prediction 2: More of your budget will be spent on technology, but you won’t have to learn as much about it.
Outsourcing!
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Web Enabled Outsourcing - ASPs
What factors have or will lead your company to outsource?
0% 10% 20% 30% 40% 50% 60%
Lack of In-HouseExpertise
Time to Market
Cost
Reliability ofHosted App
ASPStreet.com
45%
45%
50%
60%
55%
30%
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Selective Outsourcing Trends
20%
15%
20%
35%
25%
15%
0% 25% 50% 75%
Data Center
Network Services
App. Maintenance
New Apps Dev.
Distributed Svcs
IT Planning
YE98 YE03The Gartner Group
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Automation and the Customer:
Customization over Mass Production
Today
StudentSFA UniversityWashington, DC
An individual,customizedexperience.
Everyonedifferent, everyonespecial.
StudentSFA UniversityWashington, DC
An individual,customizedexperience.
Everyonedifferent, everyonespecial.
Before
010101010001010110111110101000
010101010001010110111110101000
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Prediction 3: School will be booming --and so will the need for aid.
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Income by Educational Attainment
$0 $20 $40 $60 $80 $100
High School
Bachelor's
Master's
Doctorate
(thousands)
www.postsecondary.org
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The World of Higher Education- 2005 -
What do omnipresent technology, increased investment in IT, and increasing enrollments
mean to you and me?