Take a look at any of the headlines that have been alive on the mainstream media sites, and you may feel quite depressed. Even one quick look at the NetworkWorld homepage conjures concerns about the new year, including massive job layoff rumors, the warning of an "economic cybergeddon" from Michael Cooney, and Brad Reese's observation of China's quickly-growing CCIE rate in comparison to the U.S.
While the United States' information technology industry could easily utilize an urged bailout package from the federal government, I firmly believe that our industry is still doing well in the "new economy" in comparison to the plethora of deeply-cut industries.
There are many longer-term benefits to a economic recession-of-sorts to the technology industry that we should always keep in mind. First, technical and technological efficiency is increased, advocating the benefits of technical automation and consolidation as cost-saving techniques.
In addition, technical competition is increased, and only the best-of-the-best technological innovators survive. Competition is really a good thing, in the long-run. It advocates new and innovative solutions at a decreased cost. The IT and technically-focused industries have the opportunity to propel the national business community through our economic hard-times, but these transformations do not simply happen overnight.
There will be layoffs, technology and corporate failures, and a "tightening of budgets already tightened", but what doesn't kill us, makes us stronger.
Coming up on Considering Convergence:
-Strategize 2009! How "telephony in the cloud" will increase functionality and decrease costs.
-Cisco's new IP communications ventures
-Avaya's IP Office SMB platform generates a hassle-free end user experience
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