In the wider economy, consumer spending is soft and hiring weak, but private corporate investment has been robust — and spending on information technology represents more than half of all business capital investment.
Their gains, however, were completely overshadowed by the information technology sector, which had lost half its value, and the telecommunications sector, which had lost 38 percent.
Likewise, the number of transistors on a semiconductor chip has doubled every 18 to 24 months, as Intel cofounder Gordon Moore predicted, but the productivity gains from the improvements in information technology have come at only half that speed a rule one might call demi-Moore's law.
For the Salt Lake Games, a half-dozen information technology companies are working together for the first time.
But for now, information technology -- which represents more than half of all business capital investment -- will remain the engine.
C2 Technology Jobs Go Begging Despite significant layoffs in the dot-com industry, nearly a half a million information technology jobs could go unfilled this year, a report says.
Wal-Mart says its package deal of hardware, software, installation, maintenance and training will make the technology more accessible and affordable, undercutting rival health information technology suppliers by as much as half.
Aided by the stock market bubble and the Y2K frenzy, corporate America led the world in spending on new information technology and telecommunications in the latter half of the 1990's.
Despite significant layoffs and rising unemployment in the dot-com industry, nearly a half a million information technology jobs could go unfilled this year for lack of just the right candidate, a new report says.
Help Desk Hell Half of corporate information technology managers in Britain have so much contempt for their users that they deliberately sabotage them, according to SkillSoft, an online training firm.
