Despite concerns about the economy and the crash of the dot-com companies, the worldwide IT services market is projected to grow from $665.8 billion in 2000 to $1.4 trillion in 2005, says Dataquest Inc. Research firms and other forecasters—if they are to be believed by information technology executives—also predict a bright future for corporate spending on data warehousing.

In 2000, North American IT services revenue reached $345 billion, which represents 52 percent of the market. By 2005, the revenue for the region will approach $712 billion.

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