Preface to the Second Edition

By Dean Leffingwell

Much has transpired since the first edition of this text was published in 1999. The “” bubble economy of the late 1990s (driven in part by the Internet, software, and related technology) has burst, causing significant disruption, economic uncertainty, and chaos in the lives of many. And yet, perhaps order and sanity have been restored to a free market that appeared to have “lost its wits” for a time.

However, innovation in software technology continues unabated, and the industry as a whole is still growing rapidly. The global reach of the Internet continues to change our lives and drive new, varied forms of communication, from the global electronic marketplaces that facilitate the exchange ...

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