Frost & Sullivan: Can Web 2.0 be a Panacea for the Recession Headache?


LONDON, February 19 /PRNewswire/ --

- Frost & Sullivan to Host Analyst Briefing on Web 2.0 solutions on
Thursday, 26 February 2009 at 14.00 GMT

Starting in 2008 and followed by the economic downturn, the way companies
are thinking about their daily business has changed. In response to the
current recession in Europe, businesses are seeking new ways to maintain
their productivity while significantly cutting costs. Therefore, they have
started looking at Web 2.0 solutions to help do that job. The business owners
are taking advantage of what Web 2.0 has to offer by utilizing lower-cost
versions of enterprise applications, cloud computing, as well as benefit from
'crowdsourcing'.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

Frost & Sullivan will host a live briefing open to all on Thursday, 26
February at 14.00 GMT to provide industry participants with an overview of
Web 2.0 solutions and trends in Europe.

Highlights of the briefing include analyses of Web 2.0 trends in Europe,
drivers and restraints, as well as Web 2.0 solutions for Small Medium
Businesses (SMBs).

This briefing will benefit Web 2.0 companies, service providers, network
operators, and telcos by discussing trends and solutions for the
recession-hit in Europe.

"Web 2.0 solution may be part of the cure for the recessionary headache
that many European businesses are now experiencing. Social networking, wikis
and blogs are just some of the more well-known examples of Web 2.0
technologies that can play an important role here. A number of technology
vendors are offering now Web 2.0 technologies. They have updated their
platforms and addressed IT managers' concerns, such as scalability, control,
reliability, and most importantly - security," observes Iwona Petruczynik,
Research Analyst for Frost & Sullivan Information & Communication
Technologies group.

To participate, please e-mail Joanna Lewandowska at
joanna.lewandowska@frost.com with the following information: your full name,
company name, title, telephone number, e-mail address, city, state and
country. Upon receipt of the above information, a registration link will be
emailed to you. You may also register to receive a recorded version of the
briefing at anytime by submitting the aforementioned contact details.

GIL 2009: Europe

Frost & Sullivan has expanded its flagship Global Congress on Corporate
Growth - GIL Global - into several major cities around the world including
London. For the first time ever in Europe, Frost & Sullivan will be hosting
the Growth, Innovation and Leadership Congress 'GIL 2009: Europe' on 19-20
May, at the Sofitel St James in London. GIL Global is the industry's only
event designed to support senior executives in their efforts to achieve
sustainable, top-line growth. To register, obtain a programme agenda, explore
sponsorship opportunities, or attend as a member of the media for GIL 2009:
Europe, please contact Chiara Carella, Head of Corporate Communications for
Frost & Sullivan in Europe, at chiara.carella@frost.com. One-on-One
interviews with Frost & Sullivan senior growth consultants are also being
scheduled. For more information you can also visit http://www.gil-global.com.

Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best in class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO and
the CEO's Growth Team with disciplined research and best practice models to
drive the generation, evaluation and implementation of powerful growth
strategies. Frost & Sullivan leverages over 45 years of experience in
partnering with Global 1000 companies, emerging businesses and the investment
community from 31 offices on six continents. To join our Growth Partnership,
please visit http://www.frost.com.

CONTACT:
    Joanna Lewandowska
    Corporate Communications
    P: +48-22-390-41-46
    E: joanna.lewandowska@frost.com
    http://www.frost.com



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