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71% of Canadian executives plan significant network spending increases within two years

A majority (71%) of Canadian corporate executives report they plan significant network spending increases over the...


May 27, 2004  


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A majority (71%) of Canadian corporate executives report they plan significant network spending increases over the next two years, and 64% plan to adopt some form of utility computing, according to a new survey and report on networking and business strategy from AT&T in cooperation with the Economist Intelligence Unit (EIU).

The EIU survey of 254 senior executives worldwide on the future of corporate networking, shows that Canadian companies have made more progress than most in their plans for network investment and utility computing.

In comparison, 61% of global respondents plan to increase network spending over the next two years and 44% plan to adopt some form of utility computing.

These and other findings are presented in a new report called Self-managing networks: building the infrastructure for utility computing, which is now available at www.att.com/presskit/eiu/

The survey suggests utility computing is becoming an accepted business strategy for a growing number of companies looking for new ways to reduce the cost and complexity of their existing networks.

A utility computing model lets companies share information technology (IT) resources from a service provider for greater efficiency.

According to the AT&T / EIU survey, more than 40% of all respondents anticipate implementing customer relationship management applications, voice over Internet Protocol, videoconferencing and wireless access options, such as Wi-Fi (wireless fidelity) technology within the next two years.

“This survey highlights the increasing levels of complexity and frustration faced by corporations in Canada and worldwide,” said David Stroud, president of AT&T Global Services Canada. “Businesses want a networking vendor with a clear technology road map and global reach to help them leverage their IT assets more effectively.”