Page Two

By Eric Lundquist  |  Posted 2002-10-30 Print this article Print

: BM Bets $10 Billion on On-Demand Computing"> In the slides accompanying his presentation, the number of companies entering the on-demand phase was miniscule compared to the firms now in what IBM defined as the access or enterprise integration phase. IBM provided the definition of an on-demand business as, "An enterprise whose business processes—integrated end-to-end across the company and with key partners, suppliers and customers—can respond with speed to any customer demand, market opportunity or external threat."
During his remarks, Palmisano said he saw indications that the current economic downturn and especially the IT doldrums may be ending.
"We are operating in one of the most difficult and complex business environments that any of us have participated in during our business careers ...but as I travel around the world, I see some encouraging signs that perhaps we have hit the bottom," he said.

Since 1996, Eric Lundquist has been Editor in Chief of eWEEK, which includes domestic, international and online editions. As eWEEK's EIC, Lundquist oversees a staff of nearly 40 editors, reporters and Labs analysts covering product, services and companies in the high-technology community. He is a frequent speaker at industry gatherings and user events and sits on numerous advisory boards. Eric writes the popular weekly column, 'Up Front,' and he is a confidant of eWEEK's Spencer F. Katt gossip columnist.

Submit a Comment

Loading Comments...
Manage your Newsletters: Login   Register My Newsletters

Rocket Fuel