Net market spending expected to surge

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New York--Spending on hardware, software and consulting services for b-to-b Net markets totaled $2.1 billion in 2000, according to a report released by Jupiter Research. The firm said spending should continue to increase in 2001, as private b-to-b marketplaces move to the fore. Jupiter predicted overall spending on b-to-b Net market infrastructure will reach $80.9 billion by 2005. The big dollars will go to computer companies capable of knitting the existing databases and applications of bricks-and-mortar businesses into the fiber of the Internet, according to report author Marc Harrison, research director of Jupiter's custom strategy and research group.
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