Details from Davos.At the recent meeting at the World Economic Forum, Nortel Networks (Nortel Networks Limited, Brampton, Ontario, www.nortelnetworks.com) A world leader in telecommunications products, which includes switching, wireless and broadband systems for service providers and carriers, telephones and systems for residential and business users, computer telephony and International Data Corp. released a study projecting that the Internet infrastructure segment of the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. will more than quadruple quad·ru·ple adj. 1. Consisting of four parts or members. 2. Four times as much in size, strength, number, or amount. 3. Music Having four beats to the measure. n. to reach $1.5 trillion by 2003. That massive investment toward creating a high-performance Internet will exceed the investment in e-business, projected at $1.3 trillion. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion