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Researchers Optimistic On Economic Outlook

Friday, December 26, 2003 in News

SearchCRM.com | Economic future not bright enough for shades

“According to Forrester Research, the top priorities for CIOs are security and disaster recovery. Additionally, compliance with regulatory issues like the Sarbanes-Oxley Act is expected to drive investment. “There’s nothing that stands out in particular,” said Scott Evans, research director at Gartner. “We do see networking, hardware and a trend toward [buying] Microsoft next year. We interpret that as people putting in more, smaller servers with Microsoft. So to run them they need more hardware to connect them.” AMR’s Scott said companies are also looking at creating real-time connections between suppliers, customers and employees. It’s not all good news for everyone, however. Scott predicts supply chain management and point solutions will see little growth in 2004.”

The Sarbanes-Oxley Act of 2002 reworks the U.S. corporate accountability laws. It legislates real-time financial disclosure, increases the accountability of executives, and outlines a new class of corporate crimes. There is a large amount of information on the act available.

The article goes on to cite the IDC study predicting an RFID bubble.

It seems unlikely that RFID related investment is enough to solely drive supply chain management solutions growth over the next two quarters. However the emerging technologies that make retail RFID possible will soon find their way into the supply chain, with or without RF transponders. [end] 

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