SAP A.G. Message Board - Msg: 5553533

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Technology Stocks : SAP A.G.

SAP 244.18

+0.5%

3:59 PM EST

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To: Sommers who wrote (2330)	8/21/1998 3:07:00 AM
From: riposte	of 3424

Increased IT Investment after 2000 One of the sub-threads on this board has been that the growth which SAP and others have experienced has been driven by a need for organizations to convert to Y2K-compliant systems. The thinking goes that after the Big Event, IT spending will decrease. An article from this week's issue of InformationWeek offers another perspective. -Steve The IT Renaissance Forget the doomsayers predicting layoffs and budget cuts once the year 2000 problem is fixed. A new InformationWeek Research study indicates companies will devote freed-up resources to strategic initiatives. [TEXT DELETED] In fact, an InformationWeek Research survey of 250 IT executives indicates that far from melting down when year 2000 work is completed, IT organizations may experience something of a renaissance, with companies shifting money and people toward making legacy applications accessible via the Web, customizing enterprise resource planning software, building E-commerce systems, and tackling other strategic projects. [REMAINING TEXT DELETED] FULL ARTICLE @ informationweek.com

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