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European companies wasted 6 billion Euro due to poor deal structures and poorly managed relationships with IT outsourcing companies in 2002

Impacted by lower sales in the PC market and severe economic conditions in some countries, Latin America printer shipments totaled 5.2 million units in 2002, a 15.3 percent decline from 2001, according to Dataquest Inc, a unit of Gartner, Inc. (NYSE: IT and ITB).

As economic conditions worsened in the region and market uncertainty reached its peak regarding Hewlett-Packard's acquisition of Compaq, Latin America PC shipments in the second quarter of 2002 declined 8.3 percent from the same period last year, according to Dataquest Inc., a unit of Gartner, Inc. (NYSE: IT and ITB). Latin American PC shipments totaled 1.548 million units in the second quarter of 2002, down from 1.689 million in the second quarter of 2001.

Analysts Say Advancements in Broadband Won't Be Made Until Regulations Are Changed

The Australian IT services industry is on track to reach $11.9 billion in 2002, a 8.9 percent increase from 2001, according to Dataquest Inc., a unit of Gartner, Inc. (NYSE: IT and ITB).

The need of knowledge workers to better collaborate, control and manage business content internally as well as with business partners has sparked the emergence of smart enterprise suites. The market is beginning to emerge, and by 2005, Gartner, Inc. (NYSE: IT and ITB) forecasts that worldwide smart enterprise suites revenue will reach $1.5 billion.