CEO Speaks, Sage Advice During Turbulent Times,

CEO Speaks, Sage Advice During Turbulent Times,
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Thursday, July 30, 2009

Nortel and other manufacturers

Being aware of industry trends with technology is critical for businesses. Making choices for equipment now are more important then ever. Nortel filed for bankrupcy in January. The projected collapse of this one time industry giant will be soon and with 80,000,000, voice ports this company is being sold off in pieces. Any corporation or non-profit with Nortel equipment will soon be in peril for communication with clients, customers, vendors, suppliers, etc. Support for products are projected at 6-12 months by industry experts. Mayor portions of this company will be disbursed throughtout other companies, those successful in the bidding, in 3-6 months. Carrier networks of at least two major players are at risk.
End users need to strategize and come up with contingency plans now.

Electronics break. Anyone experiencing a laptop or desktop harddrive dying knows full well the risk. Telephone systems are computers and they do not last forever.

Strategies need to be in place now for companies to survive the crash, it is a matter of time.

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