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Tuesday, May 21, 2002
 

Tech spending rebound still a year off, say finance execs. Technology leaders at Merrill Lynch and Nasdaq this week shared their predictions for the future of tech spending. The consensus: Don't look for a turnaround until 2003 or 2004. [Computerworld]
8:52:44 PM    

Merrill Lynch CTO sees opportunity in economic downturn. The bad business climate for IT vendors means it's a great time for corporate customers to strike lucrative deals on products and services, according to Merrill Lynch CTO John McKinley. [Computerworld]
8:51:52 PM    

IT Management

Information Week, 5/20/02:  Fast-Rising Vendors See Silver (Lining)

A new survey shows a stark change in priorities for CEOs of fast-growing vendors.

By Eileen Colkin

If misery truly loves company, it's a happier world today than a year ago. Tech buyers can find some comfort in a survey that shows starkly changed priorities for the CEOs of fast-growing vendors. A year ago, most respondents to Deloitte & Touche's Fast Track 500 survey said their No. 1 priority was managing expectations; No. 3 was profitability. Those rankings are reversed in 2002.

[more]

Optimize, May 2002:  IT Gets The Business

There's lots of talk about aligning the business and IT sides of the house, but what's the reality?

by John Eckhouse

We hear a lot about interpersonal communication gaps these days. A gulf of similar proportion exists for the various departments and functional groups within companies. And if departments don't communicate well, they can't possibly be performing up to their potential as a team.

This month, Gap Analysis looks at how the business and IT sides of companies view each other. Do they share the same view of their roles? Does either side understand the other's problems? We asked readers on both sides to respond.

[more]

Giga, May 20, 2002:  IT Budgets: Spring 2002 Update Shows Flat IT Spending Compared to 2001

While budgets for IT spending in 2002 at US companies and organizations were up about 4 percent, Giga now expects that actual spending on IT will show no growth over 2001. US government reports on technology investments, reports from leading vendors and discussions with Giga clients suggest that the first quarter 2002 was a very weak one in terms of IT spending — weaker than even the third and fourth quarters of 2001, especially in software. Spending on computer hardware is showing signs of recovery, but off a low base and without a lot of bounce. And spending on IT services, while up, is not as strong as expected. The key question is whether this weakness was a temporary phenomena (i.e., CIOs being cautious early in the year and spending below budget until it became clear if the economy was recovering) or a trend that will last into 2003. We still believe an economic recovery will strengthen in the second half of 2002, and that CIOs will loosen the purse strings and accelerate the spending of their IT budgets in the third and fourth quarters [.8p]. Nonetheless, given the weak first quarter, IT spending for the year as a whole will be flat with 2001. This means continued tough times for IT vendors, continued opportunities for IT buying companies to negotiate lower prices and the potential for leading companies to gain an edge on competitors by investing in value-added technology while others cut back.

[more]

Remote Management

Press Release, 5/21/02:  ON Command CCM Allows Atlantic Mutual to Implement Full PC Lifecycle Management, Including Unattended OS Deployments And Network Delivery of Business-Critical Applications

WALTHAM, Mass., May 21 /PRNewswire-FirstCall/ -- ON Technology Corporation (Nasdaq: ONTC), a leading provider of enterprise infrastructure management solutions, today announced that Atlantic Mutual Insurance Company has selected and begun implementing ON Command CCM(R) to manage its network of mobile and desktop PCs distributed across 30 locations nationwide.  Atlantic Mutual Insurance Company, a premier provider of property and casualty insurance since 1842, ranks among the top U.S. property-casualty insurance companies.

[more]


8:07:31 AM    


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