For more info on a specific newsletter, click the title. Details will be displayed in a new window.
Subscribe to
Computerworld 40 years of the most authoritative source of news and information for IT leaders.
|
|
|
|
May 05, 2003 (Computerworld) -- The high-tech industry is facing a new reality of stiff competition, economic uncertainty and global instability, all of which have CEOs zeroing in on the bottom line, according to a survey being released tomorrow.
The survey, conducted during the first quarter by the Technology, Media & Telecommunications Group of San Jose-based Deloitte & Touche LLP, was directed at CEOs of the 500 fastest-growing technology companies in North America. The survey found that although CEOs are optimistic about the future, they recognize that a fundamental shift in the marketplace has occurred.
But there's an opportunity to take advantage of shortsightedness in the market by paying more attention to undervalued assets, technologies, skills and individuals, and applying them to create truly valuable offerings, said Ryan McDonald, CEO at Impact Blue Inc. in Calgary, Alberta. The trick, he said, is to do it now while the competition is either struggling or waiting for change.
McDonald said his company's primary efforts to deal with this new reality include reducing senior management staff, narrowing research and development efforts, improving cash management and optimizing production.
Russ Hawkins, CEO of Paragon Networks in Brookfield, Conn., said one of the ways his company is handling the downturn is by looking to acquire new products rather than enduring the risk and time to build everything. He said that although some internal development is still being done, the focus is on acquiring proven products.
John Fish, CEO of Chicago-based Hubbard One, said his company doesn't view its bottom line as a target. "In any economic climate, we believe the focus must be on your customers," he said. "We operate carefully, and we focus on our clients. That simple strategy has worked wonders for us."
What Have You Done?
What steps have you taken to help your company weather the technology downturn over the last 12 months?
Contained general and administrative costs such as travel
53%
Invested in marketing and sales to boost the top line
48%
Downsized the workforce
47%
Pushed out capital investments
30%
Pursued strategic alternatives such as a merger
18%
Other*
13%
NOTE: Multiple responses allowed.
*Includes companies who say they have not been affected by the downturn.
Source: Deloitte & Touche’s North American Technology Fast 500 Sixth Annual CEO Survey
|
Print this Story |
|
Send Us Feedback |
|
E-mail this Story |
|
Digg this Story |
|
Slashdot this Story |
|
|
|
|
|
|
 |
|
All Zones Application Performance Zone Enterprise-Class Security Zone Enterprise Solutions Zone The File Data Management Zone Grid Computing on Windows Zone Security Management Zone ITIL Best Practices Zone The SAS Zone Storage Virtualization Zone The Data Center Management Zone |
 See your link here
|
 |
||||||||
| ||||||||
| ||||||||
| ||||||||
|
Get this white paper now!
Download this Computerworld report, free for a limited time, compliments of HP.
Read up on the latest ideas and technologies from companies that sell hardware, software and services.
- Microsoft to limit capabilities of cheap laptops
- FBI worried as DoD sold counterfeit networking gear
- Update: Microsoft to appeal $1.3B EU fine
- More top stories
 Enhancing Business Mobility with Convertible PCsFor years Pen enabled computing devices have enjoyed great success and acceptance in highly vertical industries like delivery services, auditing and POS. The primary limitations of early pen computing devices, which were the hurdles to early mainstream adoption, were the power limitations of the devices, no stable OS environment for application development, and the lack of a keyboard for traditional input. Now, with the availability of Windows XP Tablet PC edition and Vista, which are both Pen Enabled operating systems, the flexibility afforded by dual function convertible notebooks and a host of 3rd party applications, Pen Computing has expanded into areas like healthcare, insurance, education, retail, and sales force automation. What used to be strictly vertical has now caught on as a preferred alternative to standard notebooks. Is now the right time for you to consider pen computing? Tune in to find out what these amazing mobile devices can do to simplify tasks, expand the utility of a traditional notebook, and increase the ROI of traditional notebook computing. Listen to this podcast now
|
Maturing Your Demand Management Practices A CIO's guide to maturing your demand management practices. Executive Coach Susan Cramm shares six key requirements for demand management. Learn how to gather, evaluate, categorize and prioritize IT requests based on business objectives. Read it now.
Download this white paper
|
 |
 |
HP Compaq t5735 Thin Client
Linux-based thin client delivers desktop-like performance supporting a variety of open-source applications, creating a new paradigm in thin client computing. The NEW HP Compaq t5735 Thin Client provides convenient access to server-based solutions, Virtual Desktop Infrastructure (VDI) or to a variety of remote client solutions. Download this datasheet 
|
Global Operations Uses HP Thin Clients to Improve Security and TCO
Do you need a secure standardized platform while maintaining a lower cost of ownership company wide and to help make the company more competitive? Read how the CIO of the world's largest manufacturer of polyethylene folding tables, chairs, picnic tables, and residential basketball equipment obtained his IT Goal with HP Thin Clients. Download this case study
|
HP's Virtualization: HP's Remote Client Solutions Webinar
- Hear from IDC analysts on PC Client Virtualization and Alternatives to Client Computing - Hear how customers solved IT challenges with HP's solution to Virtualization - Learn about different types of virtualization market analysis from HP's CTO - Hear from the VP of Netpads, Inc. how HP Thin Client solutions helped solve IT challenges, security concerns and lowered TCO for the emerging hospitality. View this webcast
|
CIO
Computerworld
CSO
DEMO
GamePro
Games.net
IDG Connect
IDG World Expo
Infoworld
The Industry Standard
ITworld
JavaWorld
LinuxWorld
MacUser
Macworld
Network World
PC World
Playlist
Copyright © 2008 Computerworld Inc. All
rights reserved. Reproduction in whole or in part in any form or medium
without express written permission of Computerworld Inc. is prohibited.
Computerworld and Computerworld.com and the respective logos are
trademarks of International Data Group Inc.
|
