Wednesday, December 11, 2002

I.T. industry remains optimistic for 2003

December 11, 2002 - In the face of the downturn of the I.T industry worldwide, chief executives of several local ICT companies remains to be hopeful and positive that the market will have greater and better business operations for 2003.

The recent report by the research firm International Data Corp. (IDC) said that 2002 is the worst year for the entire industry. Nevertheless, the ICT Year-Ender Forum Program gathered by the top executives of some of the biggest IT and telecom sectors here in the country projected that the I.T industry will have fast advancement in terms of technology that will drive consumer demands next year.

Both CEO's from Oracle Philippines, Mr. Bernard Yu and Sun Microsystems Philippines, Mrs. Cynthia Mamon agreed that companies should be more practical and realistic in their business decision-making, enterprises should think more of the Return on Investments (ROI) and Total Costs of Ownership (TCO). Lastly, companies should strive to add value to the technologies.

For Globe Telecom, Mr. Jesus Romero, VP for Communications, said that the growing market for next year will be the wireline data. Globe, through GlobeQuest, has invested at least 100 million pesos for its Internet data center business. These data centers will provide clients with a complete set of services including co-location, server hosting, local area network-based Internet, e-mail messaging, business continuity and recovery services and storage services.

While on the telecommunication or wireless sector, Mr. Mon Isberto, VP for Public Relations, Smart Communications said that 2003 requires more creativeness and imagination to provide absolute wireless applications and solutions. And Nokia Philippines product manager, Mike Smith, said that the company aims to make the hundred-millions cellphone users to use multimedia messaging (MMS), he noted that growth could be gained from the continued progress of MMS in providing value-added content to mobile phone users.