Gartner predicts massive industry changes

According to Gartner Group’s chairman and CEO, Michael Fleisher, 50% of IT we know and love today will not be the same in three years time.

  • E-Mail
By  Matthew Southwell Published  October 9, 2001

According to Gartner Group’s chairman and CEO, Michael Fleisher, 50% of IT we know and love today will not be the same in three years time. The big man’s reasoning for this is that, due to the declining IT economy, companies will be forced to consolidate, whether it be within their specific industries or with suppliers.

“50% of IT companies that have a household brand name won't exist in their current form by the second half of 2004,” he says.

Fleisher adds that recent Hewlett-Packard and Compaq deal is not only indicative of market conditions but also the first of many large acquisition agreements that will occur during the next few years.

As a result of these market shenanigans, Gartner is suggesting that chief information officers (CIOs) within the enterprise refocus their efforts on “customers, business relationships and sources of revenue more than ever before,” as these areas are, apparently, the only places where an enterprise can increase its revenue and cash flow.

“Gartner recommends that CIOs delegate any non-strategic business processes to other IS managers so that the top IT executive can concentrate his or her intellect and horsepower on strategic business issues,” concludes Fleisher.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code