Friday, April 23, 2004

Tech Recovery and SMBs

The most recent issue of the Kiplinger Letter (subscription required) predicts we are in a tech recovery that will last for years. It will be marked by steady growth, instead of the booms and busts of the past decade.



The largest software providers -- Microsoft, IBM, Oracle, SAP -- will be aggressively wooing small and midsize businesses (SMBs), Kiplinger predicts.





Here's a news flash! The future is here. Microsoft, IBM, Oracle and SAP already are wooing small and midsize businesses. The same goes for just about every other IT provider on the planet, including the most recent provider to announce an SMB initiative, Cisco.



And is it any wonder? The small business market is very attractive, accounting for 31% of total IT expenditures in the United States.


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