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through the crystal ball
has been an eventful year so far. The first seven months have
been full of ups and downs, mostly downs. It all began with
the dotcom bust, with most of last year's newsmakers and highfliers
running out of resources due to half-baked business plans.
Even popular and well-entrenched players like Yahoo! are evaluating
existing business strategies to attract or retain the fast-dwindling
online advertising buck.
As if this wasn't enough, the US recession came along, followed
by the subsequent
downturn in the fortunes of many software development and
tech-consulting firms. Most of these companies, which were
registering three digit growth figures, are now struggling
to achieve two digit growth figures.
There are many theories doing the rounds as to what suddenly
went wrong with the booming IT industry. Some blame it on
the dotcom bust, others on the US recession. But there are
other aspects too, that are either ignored or overlooked.
Information technology is supposed to be a business enabler,
it's supposed to increase efficiencies and at the same time
save businesses a lot of money by automating functions, cutting
down on communication costs, saving hours of manpower and
precious time, etc. It's supposed to make life simpler, easier.
But consider a business that is completely automated. Or at
least its core thrust areas are addressed. There are a finite
number of areas in any business that can be automated or IT-enabled.
After a subsequent period, there has to be a saturation point
beyond which any further automation may not bring in the kind
of benefits expected, both in terms of returns or efficiency.
Then there's the all-prevailing hype about any new technology,
and hype is something the IT industry with a little help from
the media thrives on. Any new technology is always predicted
to be the next big thing. In fact the next big thing always
fascinates and charms the IT industry. And advance knowledge
of something that would make the cash registers ring especially
in a down economy is always welcome. This is very much true
with corporations that have huge IT spends. Should or shouldn't
they invest in a new technology? Or should they wait till
the technology gains mass acceptance before adopting it, in
the process perhaps lose the competitive edge?
At Network Magazine-The Indian Edition, along with the transition
from LAN Magazine to one focused on enterprise networking
and related technologies; we have been following trends in
IT industry over the past one-year. In this issue, which coincides
with the first anniversary of Network Magazine, we gaze through
the crystal ball to peak into five diverse areas areas as
diverse as Servers, Security, Wireless, Optics and Broadband
to depict the rapid changes and innovations happening in these
areas. We have taxed our already overworked brains to bring
you trends in these areas by separating the hype from hard
Well, would our predictions turn out to be true? Wait and