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[ # ] The Tech Sector has seriously Picked Up - The Tech Babies are Back!
March 10th, 2006 under Industry Development

This Time We're ReadyThere’s a boom on the rise. Opportunities are ripe and fast. People are more positive. Corporate decisions are faster. Technology is back in vogue.

We’re Back and We’re ready

In the tech boom that ended in 2001, many bad technology investment decisions were made by corporates, owner/managers, techies and investors. The purse strings had been handed back to the doomsdayers - they were right and

by God, we not investing anymore stupid money in IT

It was right and just, to a point, But it did go to far. By world order, Techies were reduced in stature, influence and financial standing. The safe hands were called on, the Accountants, to reduce the financial risks.

but as usual in this scenario, they went too far and threw out the proverbial

Wheat with the Chaff OR The Tech Babies with their Bath water

BUT NOW, The Tech Babies are back and they were right the last time, somewhat!

This time, almost 10 years later, there is more of a balance between the accountants and the techies and the world has changed:

  • The Financial people see the business benefits of the technology
  • The Techies are learning to speak the language of the buyer.
  • Investors are more realistic about opportunities, well more of them anyway
  • PC’s and other Smart devices are cheaper, so vastly greater market
  • the number of people online has grown outrageously
  • ecommerce is truly accepted by the big brands
  • Broadband is here, or getting there, offering possibilities for more varied or cost effective business models
  • Communications costs are much lower
  • Travel costs are much lower
  • AND Microsoft is no longer the enemy
  • The world is now more tech friendly that 10 years ago -

    If only we could divert at least 10% of property investment in Ireland to develop our techie companies ….

    We’re Back, this time we’ve got safety pins

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