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Technology Stocks : Aspect Telecommunications (ASPT) -- Ignore unavailable to you. Want to Upgrade?

To: JAPG who wrote (889)	4/13/1999 12:30:00 PM
From: corporal spewchunks	Read Replies (1) \| Respond to of 2018

"Technology Forecast: 1999," released by PricewaterhouseCoopers, focuses on the enormous changes underway in the world of telecommunications and predicts the significant impact of technological advances and innovation on corporate IT organizations over the next one to three years. "Businesses today face a rapidly changing technology landscape," said Mike Katz, contributing editor of the report. "Every aspect of the enterprise is evolving from hardware platforms and operating systems to telecommunications." This year's edition of 'Technology Forecast' takes an in-depth look at telecommunications issues and the impact of the Internet. With the volume of Internet traffic doubling every 100 days, the Forecast predicts that within the next two years, the volume of data traffic carried over the world's telecommunications infrastructure will exceed that of voice. Key predictions of "Technology Forecast: 1999" include: Merging technologies: The trend toward transmitting data in digital form will make the separation between voice, fax, data and video, and between fixed and mobile services less distinct. Carriers will migrate their networks from circuit switching to packet switching to accommodate the growing volume of data traffic. Market consolidation: Continuing consolidation in the telecommunications market will result in the emergence of four or five global supercarriers by 2002 together with up to 4,000 national and regional niche players. Growing trust in e-commerce: Trust in Internet security technologies will grow among consumers and businesses alike, paving the way for electronic commerce to reach critical mass and become the key strategic consideration for many businesses in the next few years. Long live the mainframe: The mainframe will remain the "super-server" cornerstone of business computing, assuming that mainframe suppliers double processing power every 18 months while maintaining the same price point. Year 2000 solutions: Even with the Year 2000 problem solved by modifying existing systems, many companies still will undertake a total system replacement using commercial packaged applications in the early years of the new millennium. The report costs $450 and can be ordered from PricewaterhouseCoopers at 800-654-3387 or 314-997-2540.