Autonomic Computing

Predictions for 2004 and Beyond

On the good news front, industry sources are predicting a recovery for software markets in 2004 and beyond. In general, and not only for software, there will be a release in pent-up demand (frustrated need) stronger than the constraint that is the allocated budget. IT managers will still have to fight for increases in budgets—but many of them will win.

The unrelenting pressure from business units for agility in a fast changing world will continue to grow.^[7] When a business wants to modify its processes, products, or services, it cannot afford to wait for long IT development cycles. It must be possible to change the way application systems work by simply altering the components that are already in use, rather than ...