Boston (July 7, 2004) -- Nearly eight out of 10 businesses polled in a recent survey by IT consultant and researcher Yankee Group said they will have undertaken a major software upgrade by year-end 2004.

According to the survey of some 1,100 network administrators worldwide, the planned upgrades would encompass everything from client/server upgrades and new off-the-shelf applications, to custom applications.

The companies participating in the study also indicated that they would undertake their respective software migrations in conjunction with simultaneous upgrades in hardware and network infrastructure -- a strategy that also dictates substantial investments in new PCs and laptops.

Yankee Group projected that it will remain a buyer’s market through the first half of 2005.

-- WebCPA staff

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