Business Services Industry

Big Businesses May Be Ready to Spend More on Computers, Telecommunications.

Knight Ridder/Tribune Business News, November, 2003

By Crayton Harrison, The Dallas Morning News Knight Ridder/Tribune Business News

Nov. 4--The technology industry may finally be resurging after more than two years of agony.

Large corporations, following the lead of consumers and small businesses, appear ready to spend more on computers and telecommunications, according to research reports released Monday.

Corporate executives say they're ready to spend more. Old computer equipment bought just before the year 2000 is finally wearing out. And companies want to use technology to stay ahead of competitors.

As long as current trends continue and no unforeseen disaster hits, corporate technology spending will be higher at the end of this year than it was in 2002, ending a two-year...

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