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Strategies & Market Trends : The New Economy and its Winners

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To: stockman_scott who wrote (15258)12/9/2002 3:05:26 PM
From: Lizzie Tudor  Read Replies (4) of 57684
 
2 points from that article

Although the economic environment remains challenging, the amount of data generated in the next three years will exceed the volume of data created in the previous 40,000 years, according to consultancy Teradata.

Hmm... this seems like something of a sound byte... Bill Harmond do you know what they are talking about here- is this related on online shopping/ banking etc. or ?

Sales at online retailers Amazon.com (AMZN ) and eBay (EBAY ) are rising -- indicating a permanent change in consumer behavior in relation to the Web.

this is not consistent with-

. McKinley's own surveys of large companies show that corporate IT spending will remain flat -- or even decline by perhaps 2% -- in 2003.

I think e-commerce is going to have another ramp as soon as amzn's xmas figures get published. Most brick and mortar storefronts have a ways to go to really ramp, lots of companies aren't even online still.
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