On top of all the new social networking influx of data -- we are now also consumed by a very intense and opinionated 24-hour news cycle that seems to never stop.
The new company, KPMG Consulting, will be 80.1percentt owned by KPMG L.L.P. and its partners and 19.9percentt by Cisco Systems Inc., the world's largest maker of data networking equipment.
"This is a pragmatic solution," said David Farber, a computer scientist at Carnegie Mellon who was one of the pioneers of data networking technology.
Cisco Systems has announced its big play for the future of data networking, a multibillion-dollar business that holds the Internet together.
Call quality can be affected by the technical aspects of data networking, including the type of wiring used inside the building to connect computers and the way routers are configured.
Now it hopes to transform the world of data networking by placing it on the manufacturing cost curve known as Moore's Law, after its co-founder, Gordon Moore, who correctly predicted that chips would double in capacity roughly every two years while their prices continued to fall.
The big telecommunication companies like Bell Atlantic and Ameritech have traditionally been the big buyers of data networking equipment.
Earnings were low and analysts kept slamming the company for its lack of data networking know-how.
Nokia is further along in the development of data networking products, a key growth area in the wired telephone business.
After all, the growth in the demand for voice-related equipment pales in the face of fast-growing sales of data networking hardware.
