Phil Becker posted this entry at the Digital ID World blog this morning:
Both IDC and CIO Magazine surveys indicate that the tech slump will be over next year. When you realize that in today's atmosphere, no public company official will report any good news until after it has happened (that can land you in jail,) articles like this mean the slump has been over for a while now.With the ending of the tech slump and an increase in IT spending, you can expect to see a bigger percentage rise in identity technologies than most other things. Why? Because identity is what will release the biggest productivity and business process improvement gains.
There certainly are many signs that the economy is out of the doldrums, but a hesitancy lingers in the air. It will probably be a while yet until most people fully understand that the good times are now back on the upswing in the business cycle.
Phil's point about digital identification makes good sense to me. The timing is perfect. Many identification technologies are coming on line and already there are clear indications just how pervasive the technologies will be. I predict that three years from now it will be difficult to do business without having some form of digital identification involved in the transaction.
Now is the time where battles won in business competition will have profound ramifications for determinig ultimate success. Watch for players that are not moving forward with digital identification at the center of their operation--these are likely to be the big losers.
