We see more movement to incorporate business processes in private networks as well as movement toward hosted web services. The cost savings are enormous and companies are not going to miss these opportunities. Wireless opportunities are just beginning. Nanotechnologies will provide a new technology base for devices that will continue to drive down computer and communication costs. This is harder for me because I am not a macro economist.
Some experts think there is still some correction necessary.
It seems to me that as consumer confidence returns, companies will begin capital spending and inventory buildup again in anticipation of increased consumer buying. That will ripple through the system. Panic is a reaction to take us away from danger and avoid a problem. The executives have to honestly face and assess problems and be decisive in implementing solutions. Vision, persistence, and courage are called for.