The integration of communications and IT networks is critical to making global expansion work, according to the res...
October 3, 2007
The integration of communications and IT networks is critical to making global expansion work, according to the results of a global survey conducted by the Economist Intelligence Unit (EIU) on behalf of AT&T Inc.
The worldwide survey of 497 senior executives reveals that 42% of firms will be deriving half or more of their revenue from foreign markets within two years, compared to 30% of firms that can claim this today.
Overall, the survey exposes the centrality of IT and network capabilities to successful globalization.
Companies today realize their growth abroad must be supported by corresponding IT and network investment.
To enable expansion, one in five companies plans to increase investment in its network during the next two years by more than 25%, and another 43% of surveyed executives say their companies will boost spending between 10% and 25%, the survey said.