Upturn seen for IT spending in 2004

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That's because it's not 2004 yet

This is an increase in spending. It's predictable too. 1999 meant IT departments spent money upgrading. This consolidated buying cycles all into 1 year. The following years meant no spending occured due all the companies spending 1999. Now most companies follow a 3-5 cycle for upgrading and replacing components. 2004 will be that year 5. So spending will increase.

This isn't about help desk jobs and simple coding being done in India. This about replacing and adding routers, switches, servers, software, and such.

This produces jobs. From full time workers to handle the administration of larger networks to consulting jobs for moving from 100MB speeds to Gig speeds on the network. It's a good sign.

Posted by: voska   Posted on: 12/08/03 You are currently: a Guest | Members login | Terms of Use

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