According to InfoTech, Global Revenues for Network Convergence Professional Services to Reach $130 Billion by 2004.Business Editors PARSIPPANY, N.J.--(BUSINESS WIRE)--April 2, 2001 Over the next 3 years, the demand for out-tasked network management and professional services just among large US enterprises will soar to $18 billion in revenues - how can you be a part of this? A new study by InfoTech entitled Network Convergence Professional Services examines over 60 enterprises from a cross-section of industry segments to assess their needs and requirements and determine what is going to make them open their wallets. According to the study, in 2000 alone, 86% claimed they have purchased network management and professional services. "Enterprises are feeling the crunch to focus their internal IT resources on mission critical operations, so are looking to professional services companies to perform their network planning and design Network planning and design is an iterative process, encompassing topological design, network-synthesis, and network-realization, and is aimed at ensuring that a new network or service meets the needs of the subscriber and operator [1]. , network implementation as well as management and application implementation services," stated Larry Herman, a consultant at InfoTech. This surge of demand for next generation networks partnered with a shortage of employees skilled in these convergence technologies has opened the door of opportunity for providers. InfoTech interviewed leading network management and professional services providers such as IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) (NYSE NYSE See: New York Stock Exchange :IBM), Cisco (Nasdaq: CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ), HP (NYSE: HWP HWP Height (and) Weight Proportionate HWP Half-Wave Plate HWP Highway Patrol HWP Height Weight Proportional HWP Hewlett-Packard Corporation (stock symbol) HWP Hydrolyzed Whey Peptides ), EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. (NYSE: EDS), Avaya (NYSE: AV), and many others to define trends and opportunities as they relate to this emerging marketplace. The study also includes a global revenue forecast as well as country and vendor profiles. InfoTech is a subsidiary of PBI PBI protein-bound iodine. PBI abbr. protein-bound iodine PBI, n See iodine, protein-bound. PBI protein-bound iodine. Media, specializing in global information and professional services for the telecommunications and data networking industries. InfoTech offers a comprehensive scope of information and professional services, including custom project consulting, market and competitive intelligence programs, tactical sales support tools, primary research studies, industry conferences and custom marketing programs. Further information about InfoTech can be obtained at the company's web site at www.phillips-infotech.com. To purchase a copy, or learn more about this study, please contact Barry Hanulak at 973-884-0100 (bhanulak@pbimedia.com). |
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