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Public Teleconferences
Join CIO Executive Council members and participate in the following live teleconferences:
* Planning for Succession:
Models for IT Leadership Development, June 23
* Change Leadership at General Growth Properties: A
Pathways Leadership Development Seminar, June 25
* Managing Change: Centralizing Your IT Organization
July 29
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News Feature
Good Economic News Moves Businesses To Spending Mode
January 07, 2005 — CIO — "Low prices and the need to replace at least some old gear and upgrade big software systems are pushing many businesses into spending mode." That’s what BusinessWeek said earlier this week. The article quotes our own Tech Poll Survey where respondents anticipated spending growth, and adds: “Rising demand is fueled by rock-bottom pricing, even though prices usually tend to move higher during an economic recovery." The story quotes Mort Rahimi, CIO of Northwestern University, saying, "Right now, it’s a buyer’s market. We can get very, very good prices.”
Good news if you have a budget skirmish ahead. On the other hand, experts in the story indicate a lot of spending will go to ERP, which is “finally coming into its own.” That may be good or bad, as you’ll find reading my colleague Chris Koch’s IT Strategy blog, particularly his entries called The ERP Pickle and Competition Is Good. But Does It Exist? As BusinessWeek says, “Life will be good for ERP vendors such as SAP and Oracle.”
© 2008 CXO Media Inc.
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Resource Alerts
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Lithuania: Attacks Focused on Hosting Company
Google Bows to Pressure, Adds 'Privacy' Link to Home Page
TSMC Says 2Q in Line Or Better After Major Customer Falls
Asustek to Offer Eee PC with Built-in 3G Wireless
Asustek's Latest Eee PCs Shipping in Asia in July
Lenovo Seeks Prestige in Price-Sensitive Market
Microsoft's Silverlight Draws Patent Suit
A Tale of Two City Wi-Fi's
Google Under Pressure As App Engine Requests Rise
Wall Street Beat: IT Slumps in First Half
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