Cautious Optimism and the Next T-Wave

  Portfolio Management  

As 2004 continues to unfold, it is looking more and more as if the feeling of cautious optimism is justified. I noticed that in February's issue of Information Week, the cover article focuses on optimism and the economic news (both political and in the raw numbers) indeed indicates that growth is the trend. And while all of this is good news, exactly what it means in terms of IT programs, program management, IT job market and other factors is still far from clear.

The T-Wave Factor

As discussed in my lead article in January, one of the critical factors that will drive IT trends is the next T-Wave, or simply put, the next technological innovation that will drive opportunity in our market. I still believe that technologies (both software and hardware) that take advantage of the cheap and abundant bandwidth will lead the way.

We are seeing an increasing number of good products and services that actually add value and improve productivity for today's mobile workforce. I have finally broken down and purchased a multi-function PDA and upgraded my service to allow improved access to my e-mail, and Web access so that I can be almost as productive on the road as I am in my office (as I spend much more time on the road these days, is a good thing).

Now there is real promise for these devices, as they now offer real usability both in functionality…

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