Jan, 2003 : Goldman Sachs Predicts Conservative IT Spending
📅 - U.S. enterprises will be conservative towards IT purchases, according to a new survey published by investment firm Goldman Sachs (goldmansachs.com).
The survey indicates that average spending on computer hardware and software by U.S. businesses will decline by one per cent this year compared with last year. Goldman Sachs conducted the survey in December, as most companies completed their 2003 budgets. The number of survey respondents that expect to put off higher IT spending until 2004 or later jumped from 26 per cent to 43 per cent. The outlook for long-term growth in spending declined to 5 per cent from 6 per cent to 7 per cent previously. "Our latest results indicate a renewed determination among top management to control expenditures," the Goldman Sachs report stated.
Reads: 1619 | Category: General | Source: TheWHIR : Web Host Industry Reviews URL source: http://www.thewhir.com/marketwatch/gol010303.cfm Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!
Other news
📅 - Primus to raise $42 million through new stock - PRIMUS Telecommunications Group Inc. (primustel.com) agreed to raise $42 million through the sale of convertible preferred stock. The company reached the agreement with two private equity funds and an institutional investor linked to American International Group Inc. PRIMUS plans to use the proceeds for debt reduction, working capital and possibly acquisitions. The sale, once completed, would shore up the firm's finances in the short term. It could also benefit the preferred stockholders. Under terms of the sale, the shares would convert to PRIMUS common stock at $1.876 a share. "The investment announced today marks a significant milestone in PRIMUS'
📅 - Sophos announces most virulent December 2002 viruses - Sophos (sophos.com), a leader in corporate anti-virus solutions, today announced the ten most frequently occurring viruses. "Two worms account for over a quarter of all support inquiries we receive at Sophos. Klez, the biggest virus of 2002, and Bugbear continue to cause users problems even though protection against them is simple," said Chris Wraight, technology consultant at Sophos, Inc. "It's important that all users ensure they keep their anti-virus software up-to-date and practice safe computing." Also causing problems for users in December was the Tubmo Trojan horse, which makes changes to Web browsers by redirecting them to specific Web sites a
📅 - W32.Yaha.K@mm worm sweeps Net - A new variant of the W32.Yaha.K@mm Internet worm has infected thousands of computers throughout the holiday season. The worm arrives in the form of a .exe or .scr e-mail attachment with a variety of subjects and messages. The worm stops anti-virus and firewall processes on personal computers. It uses its own SMTP engine to e-mail itself to all the contacts in the Windows Address Book, MSN Messenger, .NET Messenger, Yahoo Pager, and all the files whose extensions contain the letters HT. The e-mail message has randomly chosen the subject line, message, and attachment name. This threat is written in the Microsoft C++ language. It would also app
📅 - webMethods Wins Top Web Services Award - Integration software provider webMethods Inc. (webmethods.com) announced on Monday that the webMethods integration platform was named the Web Services Product of the Year by Developer.com. webMethods says it delivers the industry's only comprehensive, Web services-based integration platform allowing companies to build Web services without the need for resource-intensive coding. According to webMethods, Web services are vital to the company's efforts to help organizations lower the cost of integration by using industry standards within the webMethods platform. The company says it was an early adopter of Web services, building its platform on a service-based architec
📅 - MSPAlliance Continues Work of SSAC - MSP industry advocate group the MSPAlliance (mspalliance.com) announced on Monday that it is extending services and benefits to members of the Strategic Sourcing Advisory Council (SSAC). The MSPAlliance says it is committed to promoting the industry standards adopted by the SSAC and the ongoing definition of service management standards, and will continue to provide a strong voice for the service provider community when the SSAC ceases operations shortly. "We are pleased that the MSPAlliance has come forward to continue the work begun by the SSAC membership," says Carolyn Holden, executive director of the SSAC. "The MSPAlliance has long been an effective resource f
📅 - Network Solutions Debuts Site Building Tools - Domain name, email and Web site solution provider, and VeriSign subsidiary, Network Solutions Inc. (NetworkSolutions.com👉 Total Reviews: 35 🙌 Average Rating: 1.6 / 10 👍 Good Reviews: 3 👎 Bad Reviews: 32 👈 Official Responses: 0) announced on Monday that it has released a suite of new online Web site building tools designed to give small and medium-sized businesses the tools to build and manage customized, professional Web sites. The company says it introduced the new services in response to research indicating that many small businesses feel they don't have the time, resources or expertise to build a professional site. Only 36 percent of small businesses polled in Dunn & Bradstreet in April 2002 had a Web site. And in research conducted October 2002 by SnapNames.com Inc., more t
📅 -