Saturday, February 26, 2005

U.S. Companies Not Keeping Pace With New Chinese and Indian Competition in Technology and Telecom

From RedNova: U.S. Companies Not Keeping Pace With New Competitive World Order in Technology and Telecom, Study Finds

"A new world order of competition is emerging in the global technology and telecommunications industries. But most North American companies are not keeping pace with the changes, according to a new study conducted by two executive thought leadership organizations, in cooperation with global management consulting firm A.T. Kearney. In fact, two-thirds of the more than 300 North American executives surveyed say they have not even instituted formal practices for tracking and analyzing their competition."

""U.S. companies risk falling behind global forces that are reshaping the competitive landscape in technology and telecommunications," said John Ciacchella, a vice president in A.T. Kearney's High Technology Practice. "The shift from enterprise to consumer, new global players from China and India, industry consolidation, and next wave technologies, such as VoIP, digital media, 3G, broadband to the home and WiFi/WiMax -- are all factors driving big dislocations in the market. ... " Read more


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