Office Products Business Intelligence
By Maria Varmazis -- Purchasing, 6/12/2008
$748BThe amount of global IT services revenue in 2007
Source: Gartner Research
WHAT IT MEANS: Despite the economic slowdown in the U.S., demand for IT services continues to grow both domestically and abroad, up 10.5% in just a year.
$13.9BAmount Hewlett Packard paid to acquire Electronic Data Systems
Source: HP, EDS
WHAT IT MEANS: This acquisition creates a juggernaut in the IT outsourcing and services sector as HP tries to boost its data center and process automation services.
90%Amount of corporate virtual world projects that fail in 18 months
Source: Gartner Research
WHAT IT MEANS: Many companies jump headlong into virtual worlds, such as Second Life, lured by the promise of untapped markets. Without clear objectives and an understanding of the demographics online, most of these projects fail.
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