This prediction dovetails nicely with that of Forrester's "IT everywhere" outlook. Gartner's report implies that the next wave of innovation will be primarily driven by SMBs, saying that tech investments made by SMBs through the end of 2006 will surpass the spending that occurred during the dot-com boom.
#Dotcom boom software
We're due for the fourth wave, which Forrester calls "IT everywhere." Early indicators of this wave are present in things like social computing (search engines, blogs, etc.), innovation networks, the "extended Internet", and a new digital business architecture that moves beyond Web-based applications to incorporate virtualized hardware, shared software and services, and business intelligence and interaction platforms.
#Dotcom boom Pc
Forrester notes three major "waves" of IT innovation since the beginning of the computer age first in the late '50s and early '60s with mainframe computing, then in the mid '70s through mid '80s with the introduction of PC technology, and then in the early '90s through 2000 with network computing and the Internet (the age of the so-called "dot-com boom"). The next wave of growth in IT innovation, the report says, is due to begin in 2007 or so, and we are starting to see the beginnings of it already.
#Dotcom boom free
Despite the dot-com "bust", we still have the Internet, and we still continue to rely on dot-com companies to deliver the services to which we have become accustomed.įorrester's free report notes that the tech economy has undergone cycles since the first room-sized computer was rolled out, alternating between rapid growth and technology digestion. Yet it was precisely this same dot-com boom that fueled the growth of the Internet and all the conveniences that revolve around it. Of course, it did, and those that weren't prepared lost big-time.įor a while, the pendulum swung in the other direction, and investors and armchair analysts were quick to condemn anything dot-com as too risky, and probably useless to begin with. During that boom, when the money flowed like water and multi-million dollar dot-coms were being run out of college dorm rooms, many of us thought it would never end.
What we think of as the dot-com industry is a prime example of impermanence, as well as the cyclical nature of life itself. The Buddhist monks I talked philosophy with in Southeast Asia referred to "the impermanence of all things." I can't help but think that they would make excellent stock market analysts, were they to be interested in such things. Last month, I talked about tech predictions in this space, noting that while they may be a dangerous thing in general, there has been an ongoing but quiet buzz about "the next dot-com boom". The fortunate folks who made money during the dot-com boom of the late eighties and early nineties may be counting pennies and clipping coupons today, but not a day goes by when they don't speculate as to when the next dot-com boom will occur.
"SMBs to spend more on IT in 2006 than during dot-com boom." – This week's highlighted research:įorrester Research.
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