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During the boom years, the mentality was to spend on technology and hope for a payoff.
Corporations, analysts note, are holding ample cash reserves and continue to spend on technology to cut costs and lift productivity, despite uncertain economic prospects in many countries.
But universities will have to spend on technology and seek economies of scale if they are to improve quality, cut costs, keep the students they have and woo more.That suggests a shake-out in the private sector may continue.
The proposed deal is the latest in a wave of consolidation in the gambling industry as companies seek to cope with more taxes and regulation and the need to spend on technology as gambling increasingly goes online.
"If you're not top three it is very hard to make a positive return given what you have to spend on technology to stay current".Since few firms are making money trading equities, why are so many still in the business?
The remaining two, Sumitomo and Sakura, have now signaled their intentions.In this section Man of the hour Knowledge gap Blossoming in Japan Britain's banking battle Bugs The trader's lament Sliding Basle bust-up ReprintsThe problem for all these banks is the woefully inadequate amount that they spend on technology, compared with foreign rivals such as Citibank.
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Few had the money to spend on the expensive technology.
Spending on technology was one of the first things that Asian companies cut, and revenue declined.
The most I ever spent on technology is building a studio – I built one at home in Los Angeles.
Fujitsu's chief financial officer, Masamichi Ogura, went one step further, saying he was uncertain whether spending on technology has recovered.
Airports may become military targets; no one invests in them in wartime.Even in peacetime, too little is spent on technology, training and maintenance, so standards are low.
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