It cost $13 million, uses long-established technologies and produces a million gallons a day.
The advantages of digital processing are manifest even to the commercial recording industry, where digital recording is replacing long-established audio technology.
But in doing so, analysts say, they are bound to run directly into the path of long-established information technology consulting firms like Andersen Consulting, soon to be Accenture, Electronic Data Systems, and I.B.M. Global Services, as well as strategic advisers like Bain & Company, a unit of Deutsche Bank.
Reconciling long-established law to new technologies is never easy, but the recognition of an author's ownership in an original creative work is one of our legal system's core principles.
Business is going through a particularly fascinating phase, as new technologies disrupt long-established business models, new economic giants shift the balance of economic power and new gurus, many of them from emerging markets, reinterpret the landscape.
From below, new technologies are altering long-established industry standards.
There are three reasons for this "inorganic growth" overseas: Chinese firms want to acquire new distribution channels, obtain more advanced foreign technology, and benefit from long-established international brands.
"Dyeing fabric with water is a long-established industry, and change will require new technologies and multi-industry commitments over many years".
In technology, investors gravitated toward such long-established companies as Motorola, up 10 3/16, to 143 13/16, and Texas Instruments, up 6 3/4, to 152 1/2 partly at the expense of some recent Internet favorites.
