Plenty of Green at IDC Analyst Event
John Kelly 270004J7VQ email@example.com | | 0 Comments | 118 Visits
What better place to hold an industry event on St. Patty’s Day than Boston? Writing today from IDC’s annual analyst event, there is plenty of green in IDC’s IT spending forecasts. IDC Directions 2009 includes over 40 sessions from IDC analysts, and the overall theme is: 2009 will be bad, but IT spending will rebound in late 2009 and 2010 should rebound to 2008 levels.
John Gantz, chief research officer and senior vice president began the day on a positive note discussing how by the end of the decade, nearly half the planet will be using mobile devices; more than 25% will have access to the Internet, most with broadband connections and more outside the developed world than in. 7.5 billion devices. The converged entity will be a $3 trillion market and encompass a kaleidoscope of computer, communications, content, and services vendors.
Mr. Gantz placed “Compliance” on his “Markets to Watch” list for potential for strong growth. In terms of Governance, Compliance and Sustainability, Kathleen Wilhide, Research Director, Compliance and Business Performance Management Solutions discussed how Fortune 500 companies are barraged with dozens of major standards of corporate accountability, responsibility, and sustainability. The rapid increase in the amount of communications focusing on sustainability topics such as carbon footprint and going "green" signal a shift occurring today: sustainability is now a critical part of many companies’ corporate strategies. While this session focused on sustainability, it became clear the overarching issue and business challenge of managing risk and compliance silos is evident and common across all governance, compliance and sustainability initiatives (OpenPages is hosting a Webinar on this topic on April 9, in conjunction with Compliance Week).
Ms. Wilhide described how software driven processes are emerging to support an organization’s sustainability strategy, calibrate progress, and quickly detect gaps in governance and sustainability practices. She also spoke to how software will play a role in managing sustainability efforts, and will provide a deeper dive into how energy companies approach one key area of sustainability – energy and the environment.