Gartner has confirmed what many high-tech firms already believed, releasing a report that labels 2002 the "most difficult year" on record for the worldwide information technology services industry. The market for IT services actually shrunk compared with 2001, falling 0.6 percent to $536 billion, Ga...
Motorola has signed a 10-year global IT infrastructure outsourcing pact worth $1.6 billion with Computer Sciences Corporation, the largest such agreement in Motorola's history and a healthy sign for the outsourcing business. Under the agreement, CSC will manage Motorola's mid-range, desktop and dist...
Computer maker Dell has terminated what was to be a long-term, $16 billion parts contract with IBM. The move likely is a result of Big Blue's decision to exit some manufacturing businesses. Dell also said that a separate partnership, initially seen as a $6 billion deal in which Dell would funnel cus...
Made official last month by President Bush, the Department of Homeland Security consolidates 22 agencies, employing a total of 170,000 federal employees, under a single virtual roof. The question on many IT executives' minds is: What can my company gain from this reorganization? The department's 200...
IT pay has been hammered by the reversal of stock option fortunes, increased overseas outsourcing and the dismal economy in general, but experts say technology workers can still command a decent salary in some fields without becoming a CIO. Giga Information Group vice president Craig Symons told New...
In his first appearance since the announcement of the landmark Microsoft antitrust settlement, CEO Steve Ballmer told an audience last week that the software giant is striving to fulfill the provisions of the settlement decree. Of course, it remains to be seen how the company actually will conduct b...
With the merger of Hewlett-Packard and Compaq a done deal and its strong reputation intact, the new HP seems well positioned to remain a leading force in the global IT arena. HP spokesperson Rebeca Robboy told the E-Commerce Times that the merger has enabled the company to "deliver more for less," i...
An expected upturn in spending on information technology is taking longer than anticipated to materialize, and the sector will post much weaker growth than previously forecast for 2002, according to two new reports. When spending does turn around, it probably will begin with lower-cost items, such a...
Microsoft is slated to announce the release of its .NET Content Management Server 2002 at the annual Microsoft Exchange Conference in Anaheim, California. The new software will let developers more rapidly publish content to the Web directly from Microsoft Word, according to the company. In addition,...
According to recent reports, there are signs that many industries have cut IT spending as much as they can without cutting into the bones of their business. However, analysts noted, IT spending will not roar back to life with a big bang as 2002 draws to a close. Instead, the turnaround will occur...
Sun Microsystems CEO Scott McNealy told an audience at the LinuxWorld Conference & Expo that he expects to see Linux use increase 30 percent each year, and he vowed that Sun will support the operating system and the open source community. But Sun's promise has some industry observers wonderin...
Venture funding dropped 11 percent last quarter to $5.7 billion, a level not seen since late 1998, as venture capitalists continued to nurse their wounds and stayed on the sidelines in large numbers, according to the latest quarterly survey conducted by PricewaterhouseCoopers, Venture Economics a...
For more than a year, Microsoft has been pushing its Passport identification system -- in which consumers use a single login ID and password to access multiple applications -- as a crucial feature of its .NET platform. Recently, though, the company has begun backing software called "TrustBridge" ...
If you can hold your breath just a bit longer, demand for IT services will rebound. That is the shared conclusion of two new surveys -- one by research company IDC and the other a joint effort of research firm Gartner and financial services powerhouse Goldman Sachs. According to Gartner, an uptic...
Economic doldrums continue to erode confidence and drive cost-cutting among IT buyers, according to Gartner Dataquest, and all segments of the IT services market will feel the pinch. IT services revenue will grow a meager 2.8 percent to $557 billion this year, the research firm said. However, Abe...
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