The Change Mariner: End to the slowdown

January 17, 2004

End to the slowdown

Yet, just like the positive earnings reports, anecdotal evidence is pointing positive. Las Vegas drew more than 129,000 people to the Consumer Electronics Show last week. This week in San Jose, the Dutch government held a conference attended by 600 executives seeking to improve trade ties with the Netherlands.
``We have great reason to be optimistic,'' said Hewlett-Packard Chief Executive Carly Fiorina in a speech to the group. Jeff Henley, chairman and chief financial officer of Oracle, told the audience, ``Tech spending will continue to improve this year.''

He said retailers like Wal-Mart have begun testing radio-frequency identification tags, which can replace bar codes with radios that can trace a product anywhere it goes, from warehouses to the checkout counter. Once they deploy the tags, they will have to buy a raft of new hardware and database software to deal with the flood of data, benefiting everyone in the electronics food chain.

Said Jeff Benck, vice president of IBM's eServer division: ``Customers that were paring back in the last three years are now coming back.''
Posted by Bob King at January 17, 2004 9:19 AM | TrackBack
Related Categories: Quadrant - Technological

Amazon Price:

E-mail This Story