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May 2002, Week 3

HP3000-L@RAVEN.UTC.EDU

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From:
Art Bahrs <[log in to unmask]>
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Date:
Tue, 21 May 2002 07:51:34 -0700
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Hi Alfredo :)
   And according to the text I am reading now... very few of those
dollars spent on technology go to Disaster Recovery or Business
Continuity Planning.  This can cause some interesting effects should a
"disaster" happen...

Art "still studying feverishly! Hehe" Bahrs

-----Original Message-----
From: HP-3000 Systems Discussion [mailto:[log in to unmask]] On
Behalf Of F. Alfredo Rego
Sent: Monday, May 20, 2002 4:40 PM
To: [log in to unmask]
Subject: [HP3000-L] How much will your company contribute?

 From USA TODAY 05/19/2002 - Updated 11:14 PM ET

Companies squander billions on tech

By Jim Hopkins and Michelle Kessler, USA TODAY

SAN FRANCISCO - Productivity and economic growth soared in the
1990s as companies poured billions into technology to power
everything from e-commerce to inventory management. Research
now shows companies also waste billions on tech.

Morgan Stanley estimates that U.S. companies threw away $130
billion in the past two years on unneeded software and other
technology, according to its study of 25 years of tech
spending. Worldwide, companies waste as much as 20% of the
$2.7 trillion spent annually on tech, estimates research firm
Gartner, which is based in Stamford, Conn.

They do that because they stampede into the wrong technology,
experts say. They buy too much and don't implement new tech
properly. They also underestimate the time needed to make it
work. And CEOs, especially during the go-go years, often spent
too quickly without clear goals.

...

Full story:
http://www.usatoday.com/money/general/2002/05/20/squander.htm


Economically yours,

   _______________
  |               |
  |               |
  |            r  |  Alfredo                     [log in to unmask]
  |          e    |                           http://www.adager.com
  |        g      |  F. Alfredo Rego
  |      a        |  Manager, R & D Labs
  |    d          |  Adager Corporation
  |  A            |  Sun Valley, Idaho 83353-3000            U.S.A.
  |               |
  |_______________|

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