You could forgive Bob Beyster for looking on his company with dollar signs in his eyes. After all, the chief executive officer of a nearly $5 billion global technology empire expects it to double in size again in the next five years.
The rapid advancement of technology is causing continuous change in academic institutions tasked with preparing the work force of the next century. An incessant and increasing need for technically proficient personnel has placed a burden on institutions of higher education, demanding that they produce employees who can handle information technology systems that now permeate virtually every aspect of the business world.
If throughout your entire professional life you had gone by a nickname associated with one of the towering giants of American literature, what would you do when you finally retired from the corporate world?
Major advancements in Internet technologies are shaping the future of the telecommunications industry. The very real possibility of widespread use of voice over Internet protocol is affecting the market and the way service providers and equipment vendors are tooling for the future.
In the information age, pirates are busy surfing the waves of networks and the Internet. The treasures they pilfer are not doubloons or pieces of eight, but software, and it is certainly just as valuable. These modern-day buccaneers wear neither eye patches nor Jolly Roger insignia but rather business suits and corporate logos, and the term freebooter has now taken on a whole new meaning. But industry and government software sea rovers beware; you could find a U.S. marshal at your door holding a court order in one hand and an auditing program to identify illegal copies of software in the other.
Entrepreneurs aiming to take advantage of the opportunities the Internet offers are benefiting from a proven approach to fostering successful businesses. Affordable office space, venture capital and experienced mentors are helping the first wave of computer-comfortable visionaries realize their dreams while opening up a whole new world of alternatives to traditional marketing.
Letting people know whether to expect rain, sleet or snow for tomorrow morning's commute may not seem to have much in common with providing technological expertise for the Trident submarine, Minuteman missile or the space shuttle, but Evan Hineman has a way of pulling it all together.
Dealing with the Byzantine operations of the Internal Revenue Service leaves a lot of executives feeling taxed-but not Van B. Honeycutt. Instead, the chairman, president and chief executive officer of Computer Sciences Corporation, El Segundo, California, says his company's lead role in a 10- to 15-year contract to overhaul the federal tax agency's information infrastructure underscores a series of dramatic changes he helped plan 10 years ago. They include more work with Fortune 500 companies and rapid growth through acquisitions.
If anyone can explain the principles behind the flight path of a boomerang, it is Dr. Edward H. Bersoff. Not only is Bersoff president, chief executive officer and founder of BTG Incorporated, a leading information technology company based in Fairfax, Virginia, but he also holds a doctoral degree in mathematics from New York University and is a former U.S. Army officer assigned to the National Aeronautics and Space
Technology derived from military signal analysis work is producing testing equipment for wideband applications in the private sector. These devices are capable of both storing and analyzing large amounts of data while generating a variety of broadcast waveforms.
Jim Robbins, the Harvard-educated president of one of the nation's largest cable companies, was in southern California on a business trip when he decided to check his voice mail and got the stunning news that America Online had agreed to merge with Time Warner. The deal was not only the largest of its kind but one that promises to reshape how executives in a wide range of telecommunications businesses view the concept of convergence.
Companies that have made their millions-and billions-in the guts and brains of information technology products are spreading their techno-tentacles into e-commerce through the gap between operation and application services. They are not leaving the world of hardware behind but rather are ensuring that their companies will continue to prosper by infusing their technical expertise into the space between the transmitter and the receiver of e-commerce messages.
A set of software and algorithms developed to identify criminal activity in the gambling industry is now available to the federal government to help detect employee fraud and collusion. The system correlates data from a variety of sources to shed light on questionable personal relationships and transactions. In the federal sector, this system's potential uses cover internal security, background investigations and intelligence gathering.
Next-generation signal processor technology for wireless communications is the focus of a unique research center. The Atlanta-based StarCore Technology Center combines the pooled assets of Motorola Incorporated's semiconductor products sector and Lucent Technologies' microelectronics group.
The extraordinary growth of the U.S. economy since the mid-1990s has financial analysts loath to make predictions about the future and grasping for ways to assess and measure the very impetus contributing to the phenomenon-the pervasiveness of information technology. Business and government officials agree that technology has played a significant part in spurring on the sustained period of economic prosperity-from its contribution to manufacturing to its role in consumer purchasing to the impact on the work force. But success brings with it certain challenges. Companies as well as governments, while excited about today's bounty, are scrambling to address those challenges before the bubble bursts.
For Anthony K. Robbins, building a billion-dollar business is about more than high performance. Indeed, as the president of SGI's recently launched federal business subsidiary, success depends on generating images such as realistic battle scenes and high-resolution relays from outer space.
A former niche technology will greatly improve how military and commercial organizations stock and track supplies and products. The system permits the identification of equipment fitted with radio frequency devices known as tags. This capability allows quartermasters to know a cargo container's contents immediately as it enters a theater of operation. Inventory information can then be fed into a database to follow incoming parts and equipment shipments, allowing commanders to react quickly to demand spikes.
After several years of depressed revenues, the telecommunications industry is poised to recover in 2005, experts say. Rebounding from the historic lows of the past several years, the equipment manufacturing sector can expect robust growth while gains for services will remain modest. But storm clouds loom on the horizon as emerging technologies such as broadband and voice over Internet protocol threaten to radically change traditional service carrier arrangements.
Many would-be contractors sabotage their own bids with sloppy processes and mistaken notions that leave government acquisition officials no choice but to reject them for a contract award. These mistakes can run the gamut from firms' attempts to pull the wool over the eyes of government officials to honest errors that bidders do not realize are hurting their cause.
It is easy to understand why Gene Colabatistto might be tempted to get by on image. After all, ever since his company launched its first sensor-laden satellite in 1986, the international Spot system has captured and delivered millions of images of Earth-from the sands of the Sahara to the expanse of the Golden Gate Bridge.