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Letter From the Editors David Smith and Robert Batchelder 19 December 2001
Among the useful distinctions lost in the hype-induced Internet buying binge was an appropriate sense of urgency and perspective in making Internet technology investments. Today, the Internet is in the "Trough of Disillusionment" of the Gartner Hype Cycle, largely because it is taking far longer for the Internet to transform business than technologists had led us to believe it would. Current economic conditions now increase the pressure on IT decision makers to demonstrate a near-term ROI on Internet technology investments. As one would expect, a confluence of economic, world and industry trends has further dampened enterprises' enthusiasm about pursuing the next big Internet "thing." Gartner views this situation as a unique opportunity for IT decision makers to catch their breath and plan their next phase of Internet evolution. Read more
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