SOURCE: Street Investing

Street Investing

March 19, 2010 08:59 ET

The World Awaits Rebound in Technology Spending...

... So Does Some of the Leading Software Companies in the US

JOHANNESBURG, SOUTH AFRICA--(Marketwire - March 19, 2010) - - As corporate and traders worldwide tightened their belt after the onslaught of the recession, the fate of the technology sector was no different from any other sector. The technology sector experienced a dramatic cut in technology spending as businesses on a global scale 'stared into the abysses" for over two years. But with the economy starting to show some sign of recovery, the technology sector is following suit in 2010 as businesses, governments and even domestic demand for personal computers witness the first round of technology upgrade.

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A few product launches in the latter part of 2009 is a testimony to the fact that companies are all set to reap the benefit of pent-up demand once the economy resuscitates fully. Microsoft (NASDAQ: MSFT) launched Windows 7 operating system in October last year and has seen 'strong' consumer spending on Windows 7, but tight IT budgets in the wake of a global recession have limited business tech spending. Lawson Software (NASDAQ: LWSN), which provides enterprise solutions to a number of vertical markets also launched its M3 Enterprise Management System last month, which includes new industry-specific features and updates for companies in the food and beverage, manufacturing and distribution, and equipment service management and rental sectors. How are companies in this sector positioned to take advantage of the first bout in increased spending? A study conducted by leading online research platform could put answers to inquiring minds. Direct & free downloadable reports of the intensive research are available by signing up now at or

Microsoft's latest Operating System Windows7 has managed to continue its impressive sales record. Although it has been in the market for more than five months but it haven't lost its momentum either. Such a striking demand suggests that Windows 7 has managed to form a strong consumer base which is pushing the quarterly profit of the company to a massive 60% up. Microsoft, which is somewhat lagging in the smart phone category, recently took the market by storm by launching 'Windows Phone 7 Series' last month in Mobile World Congress 2010, in Spain. With this new platform, Microsoft offers a fresh approach to phone software, distinguished by smart design and truly integrated experiences that bring to the surface the content people care about from the Web and applications. Sign up today at to access the full report on this company.

Lawson primarily serves midsize businesses and generates approximately 51 per cent of revenues from the Americas and 44 per cent from the Europe, Middle East, and Africa regions. The Company provides software in 29 languages to more than 4,500 customers in 41 countries. The stock has returned -2.71 per cent Year-to-date and 70 per cent over a period of one year. Register now at to view the full report on this company.

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