Security, wireless and outsourcing lead the way

A recent survey carried across Europe and the Middle East suggests that network security; wireless technology and outsourcing will lead the way in IT recovery, with more than 50% of the 500 CEOs and VPs surveyed betting that IT recovery has already begun.

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By  Maddy Reddy Published  April 7, 2004

A recent survey carried across Europe and the Middle East reveals that network security; wireless telecommunications such as WiFi, WLANS and outsourcing will lead the way in IT recovery, with more than 50% of the 500 CEOs and VPs betting that IT recovery has already begun. The survey, which was carried out, by Eurocom PR Worldwide and the Dubai-based NettResults interviewed more than 500 senior technology executives including CEOs and VPs in 25 countries in the Middle East and Europe. Other sectors scoring highly in respondent’s first choice of growth sectors include CRM (Customer Relationship Management), e-commerce and GPRS applications. Although it does not score highly in first choices, storage does rank strongly in respondents’ second and third choices. When one takes into account respondents’ first, second and third choices then IT security on the network and desktop level, tops the list. Other technologies surveyed in the study include — storage, e-commerce, mobile commerce, 3G, application service providers (ASP), MP3, multimedia messaging services (MMS) and other emerging technologies. “The disruption caused by recent viruses has made IT security a priority. E-Commerce and web services make it into the top ten suggesting that web technology is making a comeback following its fall from grace as a result of the excesses of the dot.com boom. Now that the hype has disappeared, web based technologies have gained respectability again,” says Nick Leighton, managing director at NettResults. The study suggests that recovery in the technology market will kick in over the second and third quarters of 2004 - and in some sectors may have already begun. It finds that almost 50% of respondents believe that recovery will begin in the second (27%) or third (20%) quarters of this year. One in three senior managers believe that the recovery has already begun. The survey sampled 508 respondents across the UAE, KSA, Oman, Jordan, Syria, Kuwait, Lebanon, Egypt, Bahrain from the Middle East and UK, France, Germany, Netherlands, Spain, Italy, Portugal, Poland, Czech Republic, Hungary, Romania, Sweden, Norway, Finland, Ireland & Switzerland from Europe.

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