PC World - Mar 11, 2010SAP AG (SAP)
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Andrew Bartels
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Forrester ResearchExamining the different scenarios behind those milestones, however, should offer hope to anyone whose fortunes are connected to the technology sector. The Nasdaq high point came at the end of a boom cycle in the tech market, marked by the release of
SAP's R3 ERP (enterprise resource planning) suite in 2002.
The next eight years saw massive corporate take up of technology including ERP systems, servers, and networking equipment like routers, notes Forrester analyst Andrew Bartels. "Our analysis has shown that the tech market goes through eight year cycles; eight years of boom followed by eight years of, not bust, but slower growth," Bartels said. Amplifying the normal eight year boom cycle at the end of the '90s was the massive outlay of capital on Y2K bug fixes in big corporations.
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Examining the different scenarios behind those milestones, however, should offer hope to anyone whose fortunes are connected to the technology sector. The Nasdaq high point came at the end of a boom cycle in the tech market, marked by the release of <span class="company">SAP</span>'s R3 ERP (enterprise resource planning) suite in 2002.<span class="sent"> The next eight years saw massive corporate take up of technology including ERP systems, servers, and networking equipment like routers, notes Forrester analyst <span class="analyst">Andrew Bartels</span>.</span> "Our analysis has shown that the tech market goes through eight year cycles; eight years of boom followed by eight years of, not bust, but slower growth," Bartels said. Amplifying the normal eight year boom cycle at the end of the '90s was the massive outlay of capital on Y2K bug fixes in big corporations.
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