The Age of the Micro-Project

EDITOR'S LETTER

Our annual Waters IT Investment Survey bears this notion out. The CIOs and tech staffers who replied to our online survey say that their firms plan to: increase spending on IT by an average of 5 to 10 percent; work on pressing compliance and system consolidation needs; and even hire some new staffers to complete these projects. In fact, 2004 Waters Congress keynote speaker and Goldman Sachs' global head of technology and operations Randy Cowen tells us in our cover story that he expects the

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