Web services set for $11bn boost

We'll all be spending by 2008, apparently...

By Jo Best, 2 June 2004 12:40

NEWS Web services will be the cash cow that vendors have been hoping for, with spending set to skyrocket over the next few years.

According to analyst house IDC, software to support web services will attract $11bn of spending in 2008 – last year, it managed just $1.1bn. The increased outpouring of cash in the direction of web services will be driven by execs' desire to cut costs, the analysts' report - Worldwide Web Services Software Forecast 2004-2008 - says.

Sandar Rogers, director for web services software and integration, warns that the pace of adoption will be slow and steady as cautious CIOs gradually phase the technology in rather than buying vast amounts of kit in one go.

In order to foster the right environment for the accelerated take-up of the technology, users and vendors should ensure that as well as the necessary tech itself, companies should have to hand the skills and case studies to make sure the change is well-supported.

Comments

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  1. 1. anonymous

    "web services" covers a broad range. Can you provide key examples?

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