|
|
|
|
Tech's $100 billion waste
Gartner, the market research firm, made quite a splash today when it estimated that IT managers will overspend by $100 billion on technology over the next five years. Gartner recommends instead that customers buy boring stuff like "WAN optimization tools," whatever those are.
At the All Nortel All the Time blog, Mark Evans points out that this can't be good news for telecom-equipment vendors. We at the Browser couldn't agree more. $100 billion? Is that all? How on earth is the Fortune 500 going to provide its employees with delay-free YouTube viewing with anything less? Ill-conceived spending by muddle-headed managers on needless equipment has long been the fuel of the tech economy, after all. Why not throw another log on the fire? What could be more American, after all, than buying something you don't need? This coming spending spree makes the $5 billion that Google, Yahoo, Microsoft et al. are shelling out to beef up their Internet data centers seem like spare change. Bring it on, whether we need it or not! Our company (chemical company on S&P 500) definitely "overspends" on technology compared to others I've worked for. 3000 US employees with laptops with docking stations, international teleconference capability, "net meetings", and more scanner/printer/copier/shredder/pizza-maker combination devices than you can shake a stick at. However, I have to say that I've been sucked in. I like our toys and don't want anything less!
"WAN optimization tools" Why does this sound like someone took a page from that senitors "Big Tubes" speech?
Google WAN for starters. In a nut shell, don't buy more bandwidth so your employees can watch the BoobUTube all day. Instead buy hardware/software tools that let you manage the bandwidth on the WAN you already pay for today. ie. Stop throwing bandwidth at your problems. Put BoobUtome feeds to the bottom of your WAN priority list. Manage and control your existing bandwidth, so that your Email and SQL queries, you know all that fancy "work stuff" the network is supposed to do, actually works! 
CNNMoney.com Comment Policy: CNNMoney.com encourages you to add a comment to this discussion. You may not post any unlawful, threatening, libelous, defamatory, obscene, pornographic or other material that would violate the law. Please note that CNNMoney.com makes reasonable efforts to review all comments prior to posting and CNNMoney.com may edit comments for clarity or to keep out questionable or off-topic material. All comments should be relevant to the post and remain respectful of other authors and commenters. By submitting your comment, you hereby give CNNMoney.com the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying information via all forms of media now known or hereafter devised, worldwide, in perpetuity. CNNMoney.com Privacy Statement.
|
|
| 
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you. Privacy Policy
Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
| Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use. Intraday data is at least 20-minutes delayed. All times are ET. Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data. Fundamental data provided by Morningstar, Inc.. SEC Filings data provided by Edgar Online Inc.. Earnings data provided by FactSet CallStreet, LLC. |
