Network World Profiles Network Industry's Most Powerful Companies and People in Annual `Power' Issue; Washington Mutual Named 19th Annual User Excellence Award Winner.Business Editors/High-Tech Writers SOUTHBOROUGH, Mass.--(BUSINESS WIRE)--Dec. 22, 2003 Network World, the Leader in Network Knowledge, announced its choices for the 10 companies and 50 people who today wield the most power in the network industry. The picks are featured in Network World's 10th annual Power Issue, a special year-end double issue that also highlights cutting-edge technologies, innovative network projects and trends empowering the network industry. Companies selected for the 10 most powerful companies in networking demonstrate innovation, strong financials, market domination, and a continued drive to push the technological edge. The 10 most powerful companies for 2003, in order of their ranking, are: Cisco (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ), 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), Microsoft (NASDAQ:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ), Hewlett-Packard (NYSE:HPQ), Dell (NASDQ:DELL), Intel (NASDAQ:INTC INTC Intel (NASDAQ symbol) INTC Intercept INTC Interrupt Controller ), EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. (NYSE:EMC), Verizon (NYSE:VZ), Symantec (NASDAQ:SYMC SYMC Symantec Corporation (stock symbol) ), and AT&T (NYSE:T). This year's list of 50 most powerful people in networking, ranked for the first time, includes many well-known names and some new faces among the vendor, government, education and user communities. Topping the list are Cisco CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. John Chambers, Microsoft Chairman Bill Gates, IBM CEO Sam Palmisano, Hewlett-Packard CEO Carly Fiorina and Wal-Mart (NYSE:WMT) CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. Linda Dillman. From outside the network industry, but making an impact with their forward thinking, and at times contentious decisions, are Sen. Paul Sarbanes (D-Md.) and Rep. Michael Oxley (R-Ohio), as well as Kevin Martin, FCC commissioner. A complete list and descriptions of the 50 most powerful people, and profiles of the 10 most powerful companies, are available online at www.nwfusion.com/power/2003. Another highlight of the Power Issue is Network World's annual User Excellence Award, honoring enterprise network projects that have considerably empowered the enterprise. This year, Network World names Washington Mutual (NYSE:WM) the winner of its 19th annual User Excellence Award. Washington Mutual (WaMu) earned this year's award for building an enterprise Multi-protocol Label Switching (MPLS (1) (MultiProtocol Lambda Switching) The earlier name for GMPLS. See GMPLS. (2) (MultiProtocol Label Switching) A standard from the IETF for including routing information in the packets of an IP network. ) network of massive size and scope, allowing for the bank's rapid nationwide expansion. Conservative cost estimates for an MPLS deployment project on the scale of WaMu's range in the tens, if not hundreds, of millions of dollars, and WaMu officials verify that first year ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). was a 25% reduction in IT operational costs. The complete story behind WaMu's award-winning project, along with details on runner-up the New York State Workers' Compensation Board, are featured in the special edition Signature Series Power Issue and on Network World Fusion (www.nwfusion.com/power/2003). Also online is a look at seven honorable mention winners. Other highlights from the Power Issue include results from the annual Powerometer reader survey; a discussion with four influential women in the network industry about the people who inspired them; and a month-by-month look at three of the most controversial issues shaping the network industry. The Power Issue is one of six Signature Series issues published bimonthly by Network World. This award-winning, high-profile series provides a comprehensive exploration of the most important issues facing Network IT Executives today. About Network World Network World, Inc., the Leader in Network Knowledge, empowers Network IT Executives through education, information and community. Network World is the leading provider of news, analysis, reviews, events and education on information technology. Network World publishes the leading newsweekly, Network World, hosts the most active online community, Network World Fusion (http://www.nwfusion.com), and produces educational seminars and events worldwide.Network World's portfolio of strategic marketing programs provides marketing and agency professionals with the tools to generate high-quality leads, optimize marketing campaigns, and create new revenue opportunities. About International Data Group Network World, Inc. is a division of IDG, the world's leading technology media, research and event company. IDG publishes more than 300 magazines and newspapers and offers online users the largest network of technology-specific sites around the world through IDG.net (www.idg.net), which comprises more than 330 targeted Web sites in 80 countries. IDG is also a leading producer of 168 computer-related events worldwide, and IDG's research company, IDC, provides global market intelligence and advice through 51 offices in 43 countries worldwide. Company information is available at www.idg.com. |
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