ChannelWeb Hot Topics

President Obama: Hope and Opportunity

Here's wishing the best to incoming President Barack Obama, and to peace and prosperity in the United States. But there's hard work ahead for all of us, starting with an economy in turmoil.

Our Rick Whiting and Damon Poeter take a look at the developing economic stimulus plan and what it might mean for channel companies:

"VARs could benefit directly from the stimulus package through contracts to provide computers and networking gear to schools or installing electronic medical record systems in physician offices and hospitals. But VARs should also benefit from increased demand for IT products and services from state and local government, highway construction companies, alternative energy developers and other direct beneficiaries of the massive infusion of spending."

In a second report, Whiting outlines additional specific opportunities:

"The package doubles the amount that small businesses can immediately write off for capital investments and purchasing new equipment.

The bill calls for spending $20 billion on new health-care information technology, such as electronic medical records, for improving the efficiency of delivering health-care services and cutting costs. Most studies show that only a small percentage of hospitals and physician offices have adopted such technology."

Posted by Joe Caponi at 11:52 AM, January 20, 2009

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