3Com CEO Eric Benhamou Sees Converged Networks as Next Major Milestone for Computer Industry; During NetWorld+Interop Keynote, Benhamou Outlines Growing Influence of Internet
BusinessWire, Tuesday, May 05, 1998 at 12:51
LAS VEGAS--(BUSINESS WIRE)--May 5, 1998--"I believe the change to converged networks is not a mere incremental improvement but a fundamental expansion of the role and strategic benefits that data networks will provide in the future," 3Com Chairman and CEO Eric Benhamou said today during a keynote address to the NetWorld+Interop '98 conference in Las Vegas. "In fact, I view this change as the most significant next major milestone for our industry as we continue to grow and evolve towards an era of pervasive networking." Most corporate enterprises today employ multiple network infrastructures to support applications, including voice, video and data transmissions. By converging and integrating the parallel networks, enterprises will be able to substantially reduce communications, operations and network management expenses while increasing the bandwidth available to support new applications that require different types of transmissions. 3Com Corporation (NASDAQ:COMS), a leader in developing and implementing next-generation networking technology, recently estimated the global market for capital equipment to enable convergence technology in the enterprise to be $15-20 billion a year by 2003. Calling the Internet now more popular than the Beatles, based on AltaVista search hits, Benhamou said that networks have become such an established part of people's lives because, "we have done a good job of making networks go faster and faster, and reach farther and farther over the last few years."
Extending the Benefits of Converged Networks to the Community
During his presentation to the annual conference, Benhamou outlined how converged network technology is changing people's lives by changing how they work as well as how they interact with healthcare, government and educational institutions. Benhamou described how cities such as Winston-Salem, North Carolina are deploying metropolitan area networks (MANs) that extend a network backbone across a geographic area to provide Internet access and the rapid exchange information within the local community. For example, juvenile officers in Winston-Salem are using the MAN to crosscheck records with other agencies and to update each other's files. "Network convergence will soon allow a case worker to click a button and speak directly to a student's guidance counselor or social worker, or view a video history of a child's case," said Benhamou. "Converged networks will greatly enhance the quality and value of our interactions with the Internet."
Overcoming Obstacles to the Next Generation Internet
"As our industry continues to evolve toward converged networks, we are beginning to learn what the next generation Internet will need to prosper and what it will look like," said Benhamou, who serves on President Clinton's Advisory Committee on High Performance Computing and Communications, Information Technology, and the Next Generation Internet (NGI). The NGI initiative is a multi-agency Federal program developing advanced networking technologies, revolutionary applications that require advanced networking, and demonstrating these capabilities on testbeds that are 100 to 1,000 times faster than today's Internet. NGI?s goals include developing digital libraries, distributed computing, and collaborative research applications for healthcare, education, manufacturing and other industries. Benhamou pointed to three obstacles that must be overcome to realize the full potential of NGI's promise, which are funding the necessary basic research, completing the telecommunications deregulation begun with the Telecommunications Reform Act of 1996, and bringing competition, innovation and goals to our education system. "Our mission is a collective global mission to create, build and maintain the greatest communications system the world has ever seen as a way to permanently and positively impact our human society, the world of work, our schools and our homes," said Benhamou. "We collectively have a rendezvous with destiny as an industry to work together, with speed and a spirit of openness in accomplishing our goals." |