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London, 10th April 2001: The ground breaking results of the Global IT Strategies Study (1) will be announced at Webcom 2001 (2) on 26th April 2001. Rusty Weston (3), Editor of InformationWeek Research for US-based InformationWeek magazine, will present the findings of how organisations use information technology to compete in the global economy, in two free seminars (4) at Webcom 2001.

The research was collated from 894 global organisations from across 25 countries and four continents. The results were aggregated to highlight global business drivers, required resources, key applications, IT initiatives and biggest challenges to multinational expansion.

Just some of the findings from the research include:
 75% of companies intend to increase IT expenditure in 2001
 38% are concerned about the weakening of national economies
 27% of companies believe global economies could stifle business and IT goals in
2001
 35% of the IT and business professionals polled believe that poorly defined corporate strategies might prevent business and IT objectives from being met
 28% report poor leadership could play a role in the possible failure of key business & IT initiatives.

Weston, as Editor InformationWeek Research comments, "The challenges of participating in the global, connected economy have never been more important to businesses. Not only does this study offer invaluable insight into key strategic and tactical variables, it offers companies interested in or participating in global commerce an unique opportunity to benchmark their initiatives against the strategies of regional and international peers."
The Supply Chain Seminar Theatre at Webcom 2001 will also provide visitors with free seminars covering other topics within the area such as:-
 Correct planning and implementation of a strategic web-based supply chain process
 How web and extranets are connecting employees, partners, suppliers and customers.
 How to improve efficiency, reduce lead times and how the internet has placed a greater emphasis on supplier relations and supplier communications.


Notes to Editors
(1) The Global IT Strategies research was co-sponsored by leading international publications at CMP Media Inc and VNU such as InformationWeek and Computing.

(2) Webcom 2001, in association with the eBusiness Conference is the UK’s leading eBusiness exhibition and conference. Webcom 2000 had over 100 industry leading exhibitors and over 5400 (ABC Audited) visitors attend the event.

(3) Rusty Weston, Editor of InformationWeek Research, is a former senior editor of PC Week magazine and managing editor of Open Computing. At PC Week, Weston initiated ExecConnect, a Web-based listing of IT resources. His feature stories have appeared in Wired, The Los Angeles Times Magazine, the San Jose Mercury News West and Rolling Stone among others. A 14-year veteran journalist, Weston has worked for daily newspapers and computer trade publications such as Corporate Computing, MacWeek and Macintosh Today. In 1989, he was online services editor of BioWorld, one of the first daily newspapers delivered electronically. In recent years, Rusty has received several editorial awards and citations from his peers.

(4) The free seminars announcing the research results are available to those visitors who attend the Supply Chain Seminar Theatre at Webcom, Thursday 26th April from 10.20 - 10.50am and (repeated at) 2.10 - 2.40pm.

To guarantee a place at the seminar, preregister online at www.web-com.co.uk.

About Webcom 2001
Webcom 2001, in association with the eBusiness Conference is the UK’s leading eBusiness exhibition and conference.
For more information about the eBusiness Conference and Webcom 2001, please visit www.web-com.co.uk or call 0870 7511 428.

About CMP Europe Ltd
CMP Europe Ltd. has more than 20 years of experience in producing industry leading, business-to-business events and publications that reflect the rapidly changing and diverse market of IT. The Company remains at the forefront of the industry by continuously developing existing events and adding new products to its portfolio. CMP’s current successful events and publications in the UK include Networks telecom, Webcom, GIS, Call Centre Expo and Technology For Marketing events and Call Centre Focus and Com Europe magazines.

CMP Europe Ltd is a leading provider of business to business marketing services and information to the hi-tech markets of IT, electronics and games. The expanding range of events, publications and on-line services benefit from CMP’s strong industry focus and, as part of CMP Media Inc, a unique global and regional reach. CMP Europe was formerly the IT, electronics and games interests of Miller Freeman UK. Further information about CMP Europe can be found at http://www.cmp-europe.com. CMP Media Inc. (http://www.cmp.com) is part of United Business Media plc., formally United News & Media plc. Further information can be found at http://www.unitedbusinessmedia.com


For more information, please contact:
Toni Cullen, Senior PR Manager, Tel: 0208 987 7617; Email:tcullen@cmp-europe.com



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