‘TECH RESURRECTION’ TO MEET A CHANGED TECH INDUSTRY: International Data Corp. predicts that a “tech resurrection” will occur in 2004, as worldwide information technology spending returns to solidly positive growth. But it warns, “The IT industry emerging from the market downturn of the past three years will not resemble the industry of the past 30 years.”

Chief among the changes that Framingham, Mass.-based IDC foresees is that “spending will be increasingly driven by CEO-level business priorities.” Those priorities will include such things as improved product development and management, new regulatory reporting requirements, and the expansion of business services.

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