The technology industries — semiconductors,
software, hardware, computers and networking — are now part
and parcel of our daily lives and have come to define the digital
world that we live in. According to market researcher IDC, IT spending
reached nearly $1.0 trillion in 2001 and will grow to roughly $1.5
trillion in 2006. Considering that the worldwide IT market was valued
at $360 billion in 1993, annual spending in IT rose by an estimated
180% over the next
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