Web Services: The Next Big Thing? Goldman Thinks So.

Web Services have emerged as true answer to the interoperability, scalability and openness problems in Large Scale Distributed Computing. They have the potential to provide IT industry with ample substance to gain the confidence of big guns in stock market. Realizing this potential, Goldman has updated its outlook of  Software Industry from 'neuteral' to 'attractive' , reports Motley Fool .  Just another sign in the revival of IT industry.

Future of IT Research

E Lawzoska and Dave Patterson write in their editorial in Science Magazine "Where will the next generation of groundbreaking innovations in IT arise? Where will the Turing Awardees 30 years hence reside? Given current trends, the answers to both questions will likely be,"not in theUnited States.""
The full editorial accessible here paints a gloomy picture of future of IT research in US due mainly to lack of funding.