Word: optics
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Dates: during 2000-2009
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...Alcatel Optronics Public company based in Nozay, France CEO: Jean-Christophe Giroux What it does: Makes active and passive optical components Why it is hot: As one of the few companies that can offer a full range of products, it's catching up to U.S. rivals in market share and is currently bidding $5 billion to buy rival Lucent Technologies' optic fiber unit www.alcatel.com/optronics...
...with the wiring the university has done in the past decade, it can’t be that difficult to slip some fiber-optic wires in with the other cables already there...
...sure, what Welch and other savvy CEOs are defending is not just any old information-technology spending. Nobody believes anymore, for example, in unlimited demand for fiber-optic cable and switches and bandwidth. And even among makers of efficiency-enhancing software, spending is slowing. Oracle, for example, was predicting 30% growth in earnings this year but revised that to announce that first-quarter growth would be less than 10%. Says Katrina Roche, chief of marketing for i2 Technologies, an e-business software maker based in Dallas: "Nobody is willing to blindly invest in technology the way they were 12 months...
...industry leaders expect business conditions to improve much this year. Phone companies "are really conserving their capital because of the severe downturn in the economy," says Clarence Chandran, Nortel's chief operating officer. Nortel is a one-company bear market. The world's No. 1 producer of fiber-optic systems, Nortel accelerated the industry's slide and NASDAQ's sell-off last month by abruptly slashing its 2001 forecasts and declaring that it would idle 10,000 employees, or nearly 10% of its work force...
...connects to the Net over copper has a typical download speed of 56 kilobits--or 56,000 bits--per second, at which rate it would take nearly 10 minutes to download a three-minute song. By contrast, a modem connected to a TV cable that feeds into a fiber-optic loop could claim that tune in under a minute. Yet even today only about 6% of U.S. households have cable modems or digital subscriber lines, which carry compressed data over copper wires at broadband speed. But that hasn't stopped carriers from blanketing the country with high-bandwidth networks...