Frost & Sullivan: Can Web 2.0 be a Panacea for the Recession Headache?

Frost & Sullivan to Host Analyst Briefing on Web 2.0 solutions on Thursday, 26 February 2009 at 14.00 GMT

LONDON, Feb. 19 /PRNewswire/ — Starting in 2008 and followed by the economic downturn, the way companies are thinking about their daily business has changed. In response to the current recession in Europe, businesses are seeking new ways to maintain their productivity while significantly cutting costs. Therefore, they have started looking at Web 2.0 solutions to help do that job. The business owners are taking advantage of what Web 2.0 has to offer by utilizing lower-cost versions of enterprise applications, cloud computing, as well as benefit from ‘crowdsourcing’.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

Frost & Sullivan will host a live briefing open to all on Thursday, 26 February at 14.00 GMT to provide industry participants with an overview of Web 2.0 solutions and trends in Europe.

Highlights of the briefing include analyses of Web 2.0 trends in Europe, drivers and restraints, as well as Web 2.0 solutions for Small Medium Businesses (SMBs).

This briefing will benefit Web 2.0 companies, service providers, network operators, and telcos by discussing trends and solutions for the recession-hit in Europe.

“Web 2.0 solution may be part of the cure for the recessionary headache that many European businesses are now experiencing. Social networking, wikis and blogs are just some of the more well-known examples of Web 2.0 technologies that can play an important role here. A number of technology vendors are offering now Web 2.0 technologies. They have updated their platforms and addressed IT managers’ concerns, such as scalability, control, reliability, and most importantly – security,” observes Iwona Petruczynik, Research Analyst for Frost & Sullivan Information & Communication Technologies group.

To participate, please e-mail Joanna Lewandowska at joanna.lewandowska@frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. Upon receipt of the above information, a registration link will be emailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

GIL 2009: Europe

Frost & Sullivan has expanded its flagship Global Congress on Corporate Growth – GIL Global – into several major cities around the world including London. For the first time ever in Europe, Frost & Sullivan will be hosting the Growth, Innovation and Leadership Congress ‘GIL 2009: Europe’ on 19-20 May, at the Sofitel St James in London. GIL Global is the industry’s only event designed to support senior executives in their efforts to achieve sustainable, top-line growth. To register, obtain a programme agenda, explore sponsorship opportunities, or attend as a member of the media for GIL 2009: Europe, please contact Chiara Carella, Head of Corporate Communications for Frost & Sullivan in Europe, at chiara.carella@frost.com. One-on-One interviews with Frost & Sullivan senior growth consultants are also being scheduled. For more information you can also visit http://www.gil-global.com.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

    CONTACT:
    Joanna Lewandowska
    Corporate Communications
    P: +48 22 390 41 46
    E: joanna.lewandowska@frost.com

http://www.frost.com

SOURCE Frost & Sullivan