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Create the future you want! Learn to make money online. Visit our website and start today! www.exclusivebizopps.com IDC Finds Significant Opportunities for Technology Investment in EU Enlargement
IDC Finds Significant Opportunities for Technology Investment in EU EnlargementPRAGUE, April 29, 2004 On May 1, 2004, the European Union (EU) will undergo an historic expansion, gaining ten new member countries in Central and Eastern Europe. The accession of Poland, Hungary, the Czech Republic, Slovakia, Slovenia, Lithuania, Latvia and Estonia, along with the island states of Cyprus and Malta, will add 75 million consumers and approximately $500 billion to the gross domestic product of the EU. To help information and communications technology (ICT) suppliers and users identify the opportunities and challenges presented by this event, IDC has announced several offerings focused on the EU enlargement.Credit Pacific Service Union The past several years have seen exceptional growth rates for ICT spending throughout the accession countries, driven by a number of factors, noted Steven J. Frantzen, IDC Group Vice President, Central Europe, Middle East, Africa (CEMA) Region. And, while a great deal of work remains to be done as these countries endeavor to lift their economies and supporting infrastructure up to EU levels, this presents great opportunities for ICT suppliers who can navigate these markets with a clear understanding of local needs. Joseph Kenny is the webmaster of the UK credit card comparison site //www.creditcards121. , where you can find a selection of credit card advice that should help guide you through the credit card maze. For US visitors there is also the comparison site //www. info. for all US interest free offers. Credit First Service Union Compared to the rest of the EU countries, the new members currently spend considerably less on IT on both a per capita basis and as a share of GDP. This spending is also more heavily focused on infrastructure purchases, such at networking equipment, PCs, and servers. With greater IT penetration, however, the more mature markets will enter into a second, solution-driven phase of development, where software and services command a greater share of spending. As this happens, IDC expects to see post-accession ICT spending growth of 10% or more in these countries, with some segments experiencing significantly higher growth. Foreclosure lenders come in myriad shapes and forms. The money to finance a foreclosure deal can come from many places, including personal investment funds, home equity lines of credit (HELOC), credit cards, financial companies, conventional mortgage loans, hard money lenders, private investors or an investment fund created by family and friends. Moreover, buyers can use any combination of the sources mentioned above to structure the foreclosure financing. For example, value (LTV) on a conventional loan and borrow the remaining 10 percent using a line of credit (or credit card). Card Credit Mobile Service Key opportunities can be found within the vertical markets of the accession states. While spending patterns vary from country to country, manufacturing tends to account for the highest percentage of spending throughout the region. Foreign direct investment is already having an impact on the manufacturing sector in these countries, and has been a key driver of recovery and growth. The communications sector remains an important source of spending as well, with demand for telephone services growing and market liberalization fueling the demand for new equipment and services. The financial services sector represents another key growth area, driven by the demands of a rapidly evolving regulatory landscape. Overall, IT demands from the various vertical markets will be increasingly selective and focused on solutions able to solve specific business issues along companies value chains. Don't let your credit suffer needlessly from errors or outdated information With tools and tips for fixing a bad credit report A bad credit report can hurt your chances at qualifying for loans and credit cards, and it can even get in the way when you want to rent an apartment or land a job. Credit Repair Kit For Dummies is your essential guide to managing your credit — from fixing mistakes on your credit report, to improving your credit going forward, to establishing manageable payment plans with creditors. Card Credit Discover Service While there are clearly opportunities in every new member country, there will also be a great deal of competition for funding, particularly from other infrastructure projects like transportation and agriculture, added Frantzen. This could slow the pace of change, with some countries taking 10 to 15 years to catch up. But there can be no doubt that significant opportunities will exist for as long as these countries continue to transform themselves. The service, dubbed StolenID Search, lets anyone with an Internet connection search a database of more than 2 million credit card and Social Security numbers found in the recesses of the Internet. "This is an opportunity for any consumer to find out whether or not their credit card number or Social Security number has been compromised, " said Scott Mitic, TrustedID's chief executive. "In many cases, absent this service, there is no way for consumers to find out if their data has been compromised until it is too late." Credit Public Service Union With research offices located throughout Central and Eastern Europe, including the Czech Republic, Hungary, and Poland, IDC is uniquely positioned to report the changes and opportunities presented by EU enlargement. The immediate impact of the EU enlargement will be addressed in the following offerings: Sen. Paul Sarbanes, the committee's Ranking Democrat from Maryland, said, "Erroneous negative information on credit reports can often take a significant investment of time and money to remove. They can also be extremely costly to consumers by significantly raising borrower costs. Not only do such inaccuracies raise the cost of borrowing, but they may also actually cost the consumer a loan. Insurers, mortgage banks, and other financial institutions rely heavily on credit scores to make credit decisions. Card Credit Processing Service Center Credit Service Union On May 4, Steven J. Frantzen, Group Vice-President, CEMA Region, will address the regional implications of EU expansion, with a focus on the key accession countries of Poland, the Czech Republic, and Hungary. Mr. Frantzen will be joined by Scott Moore, Program Manager, Telecommunications Research, Vladimir Kroa, Program Manager, IT Services Research, and Andrzej Jarosz, Country Manager, IDC Poland. Card Credit Service Wireless Credit Security Service Union This study - available by mid-May will examine the implications of EU expansion on the information technology and communications industries and markets in the ten EU accession countries. The study analyzes the economic and political clout of the EU, prospects for IT market growth, and strategies for doing business in an enlarged EU. The study will also examine how EU accession will affect everything from IT spending, hardware sales, and Internet access rates to mobile communications, EAS implementations, and the political and economic environment as it pertains to IT markets. In addition, the study will addresses IT market development by key vertical markets. Credit Report Service Blogspot Com Christian This study - available by mid-May - will provide an overview of the status of Central/East and West European fixed and mobile communications services markets, analyzing the potential impact of EU accession on those markets and opportunities EU accession will provide for non-European telecom companies. There will be particular focus on fast-growing technologies such as broadband, mobile data, voice over IP and IP VPNs. Benchmarking current market sizes as well as five-year forecasts will be provided. Christian Counseling Credit For more information on IDCs EU expansion offerings, or to register for the May 4 telebriefing, please visit http://www.idc.com/prodserv/emea_eu_expansion.jsp. Credit Federal Service Union Contact Credit Monitoring Service Michael Shirer Credit Division Service Mathew Heath, IDC EMEA Card Credit Online Service Mark Yates, IDC CEMA Share this:
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