|
|
| Gartner Says That by 2007 the Number of Fortune Global 1000 Companies Not From the United States, Europe or Japan Will Triple |
| In-depth Analysis of the Globalization of IT Being Discussed at Gartner Symposium/ITxpo 2002 |
|
Lake Buena Vista, Fla., Oct. 9, 2002 — Gartner, Inc. (NYSE: IT and ITB) today announced the debut of the strategic book focused on the bBy 2007, the number of Fortune Global 1000 companies that are not from the United States, Europe or Japan will triple, with at least five Fortune 100 companies being from China, according to Gartner, Inc. (NYSE: IT and ITB). That distribution of global business power will continue to disperse as developing nations further achieve the benefits of IT investments.
Those findings were presented today during Gartner Symposium/ITxpo 2002, which is taking place October 6-11 in Lake Buena Vista, Florida. "IT will be prominent in the economic policies of more than one-half of developing nations and virtually all developed nations through 2007," said Dan Miklovic, vice president and research director for Gartner. "Countries looking to increase their economic stature must make IT growth part of their strategies and fund not only skills development but also infrastructure build-out to support service delivery on a global basis." According to Gartner, governments will not create an IT industry on their own, nor can they afford to be responsible for the build-out of infrastructure. Through 2007, IT companies will invest more than $5 billion in developing economies through cash investments and forgiven license fees. "Companies that want to engage in multinational commerce must invest in the local IT community," said Miklovic. "Those types of investments bring Western software to some areas, while leveraging talent from those areas to create new products at lower prices for Western software buyers." Businesses that intend to leverage and deploy IT globally must also understand the legal and social diversity in the various parts of the world as well as the opportunities and challenges associated with such diversity, according to Gartner. "Like anything else, IT is evolving differently in different parts of the world," said Miklovic. "As soon as businesses begin to use IT on a global scale, they become enmeshed with the political systems, languages, cultures, currencies, time zones and markets that are local to the various regions." The impact of connectivity throughout the world is another important issue that affects IT globalization. For people in much of the world, access to a browser-based terminal is impossible, but handheld devices are growing at exponential rates. "Critical to the success of operating globally is the understanding of underlying technology issues as well as the applications and services that businesses must deploy to conduct business-to-business and business-to-consumer commerce," Miklovic said. Gartner Symposium/ITxpo is the IT industry's largest and most strategic conference, providing business leaders with a look at the future of IT. For more than 10,000 IT professionals from the world's leading enterprises, Gartner's annual Symposium/ITxpo events are key components of their annual planning efforts. Attendees are responsible for more than $35 billion in IT spending for their respective enterprises, and rely on Gartner Symposium/ITxpo to gain insights into how their organizations can use technology to address business challenges and improve operational efficiency. For more information, please visit www.gartner.com/symposium or e-mail gartnerevents@middleberg.com. About Gartner |
|
Contact: Allison Haines Gartner +1 203 316 6216 allison.haines@gartner.com |
