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FUDBust: Still think e-commerce hasn't changed business as we know it? A report issued by Goldman Sachs, Harris Interactive and Nielsen/NetRatings indicates that U.S. shoppers spent $23.2 billion online this holiday season, up 25 percent from the $18.5 billion spent during the 2003 holiday. An AOL study indicates that regular Internet users did more than half of their shopping online this year. That's a radical change for retailers that have been selling in storefronts for decades.
But consumers aren't the only ones quietly moving toward dot-coms. According to a study by Thomson Venture Economics and the National Venture Capital Association, 42 venture-backed technology companies held their IPOs in 2004, and most of them were founded between 1997 and 2000 at the height of the dot-com boom. Another 57 venture-backed IPOs are slated for 2005. For a dead market, that seems very much alive.
Developing and managing a network budget is hard work for network professionals, who often get hit with new projects that they know nothing about. Is there a better way to manage network spending?
Making the jump from outdated legacy technology to a more modern digital infrastructure will allow businesses to innovate at the speed and scale needed in today’s marketplace.
The business world is speeding up. The longer IT leaders wait to get their needs met, the more at risk their businesses and their jobs will be.
