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Euro ASP spend to reach $6.8bn by 2005. (IT News).


According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 IDC, the European application service provided (ASP) market underwent rapid market formation in 2000. In addition to the "pure play" ASPS, leading IT vendors, whether application, services, telecommunications, ISP (1) See in-system programmable.

(2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines.
, or network vendors, are all rapidly developing ASP market-entry strategies. The market will continue to generate interest over the next five years, embracing more areas of the IT industry and developing into a multibillion-dollar opportunity with a compound annual growth rate of 128% from 2000-2005.

Many first-mover ASPs within Europe were U.S.-based, and stock market corrections This article is under development. The aim is to list stock market corrections and the reasons. This article is complementary to the article List of stock market crashes 2007
High Point 1,555.90 16-Jul-07 Subsequent Low 1,370.60 16-Aug-07 Decline: 11.
 have forced a widespread scaling down of costly expansion within the region. High-profile business failures, redundancies, and repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery.  are also evident. By contrast, Europe's ASP industry has its own flavour (jargon) flavour - (US: flavor) 1. Variety, type, kind. "DDT commands come in two flavors." "These lights come in two flavors, big red ones and small green ones." See vanilla.

2. The attribute that causes something to be flavourful.
, dominated by telecom/NSP and software vendors. ASP operations are faring well in Europe, serving clients with local applications and support.

Consolidation will continue as struggling ASPs lose funding. Larger second movers are starting to resolve internal operational and business issues of the one-to-many model. Once this occurs, widespread market education will resolve many of the perceptions of problems ASPs have been faced with.

www.idc.com
COPYRIGHT 2001 A.P. Publications Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Software World
Date:Jul 1, 2001
Words:186
Previous Article:Worldwide outsourcing spending increase. (IT News).
Next Article:New Trajectories of the Internet. (IT News).



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