September 8, 2010

December 2004

IT Spending Projections Dip Slightly in November
IT Job Market Continues to Show Strength

> FRAMINGHAM, MA December 1, 2004 -- In the November CIO Magazine Tech Pollú IT spending projections dipped slightly as CIOs are predicting spending growth of 8.4% over the next 12 months, compared to last month's 8.7%. The top spending priorities of CIOs in the poll indicate that Security Software, Storage Systems and Data Networking continue to be key spending areas. The poll also determined that the IT labor market continues to improve with the number of respondents reporting IT help as plentiful falling to the smallest number (18.3%) in three years. In this month's special question, CIOs also report that they consider 2004 to be an average year (48.9 %) over a good year (38.4%).

"As the overall economic and tech spending forecasts brighten, a sole dark cloud looms on the horizon," says Gary Beach, Group Publisher of CIO magazine. "CIO's, particularly those at the very largest firms, are reporting it is getting harder and harder to find and keep IT talent. This could delay the purchase and implementation of new systems and software."

Read the rest of this story.

 

Industry News

Finally, Oracle Nails PeopleSoft

>From Business Week (Topic: Oracle and PeopleSoft), Dec. 13: In June, 2003, when former PeopleSoft CEO Craig Conway first heard rival Oracle wanted to take over his company, he was in a sedan making the 45-minute trip from Amsterdam to Rotterdam. The cell phone of another exec in the car rang. Conway heard him ask three or four times, "Are you sure?" Bloomberg TV was reporting that Oracle wanted to acquire PeopleSoft. Conway figured it was just hedge-fund rumor, that "someone would make money for two hours." Read the rest of this story.

Veredus Consultant Party: Wed. Dec. 1, 2004

> Thank you to all who attended the Consultant Party at the Florida Aquarium! A good time was had by all! Click here to read who won company awards and to read our latest 'job' listing!

Career Tip

Making Small Talk at Parties

According to "small talk" expert and author Don Gabor (How to Start a Conversation and Make Friends; Simon Schuster/Fireside 2001) -- anyone can feel more comfortable mingling if they avoid these common goofs:
1. Not preparing several topics that you're willing to bring up and talk about at the party.
2. Displaying closed body language that says, "I'm not interested in talking to you."
3. Remaining in one place (like a potted plant!) and waiting for others to approach you.
4. Not introducing yourself or remembering the person's name.
5. Not adding on "free information" when asked a yes/no or short-answer question.
6. Asking several "closed-ended" questions instead of a few "open-ended" questions.
7. Trying too hard to impress others by talking too much.
8. Discussing taboo topics such as sex, politics, religion, illnesses, or personal problems.
9. Arguing over minor details -- even if you are certain you're right.
10. Abruptly ending the conversation after a negative comment or a moment of silence.


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