Up Front

Things Are Looking Up

Rich people can afford to innovate - poor people can't," says TowerGroup senior analyst Tim Lind in a recent interview. "Innovation will go up as disposable income rises, and it will go down as disposable income falls." His notions are supported by recent research by InformationWeek, a sibling publication of Wall Street & Technology, which found that, as 90 percent of financial-services executives surveyed expect their businesses' revenue to increase in 2004, nearly two out of five are reserving the right to re-evaluate budgets to support new IT initiatives in the near future.

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