Video: Can IT strengthen the economy?

At the Gartner Symposium 2008, Cisco CEO John Chambers predicted that as the economy turns, many company heads will be looking for flexibility along with cost effectiveness—aspects that video conferencing and social networking can provide.

At the Gartner Symposium 2008, Cisco CEO John Chambers predicted that as the economy turns, many company heads will be looking for flexibility along with cost effectiveness — aspects that video conferencing and social networking can provide. As you'll see in this video clip from the event, Chambers forsees that, soon, IT and business strategy will be so intertwined we won't know the difference between them.

See also: Cisco's Chambers expects tech to again drive productivity gains during downturn

By Jason Hiner

Jason Hiner is Editorial Director of CNET and former Editor in Chief of TechRepublic. He's co-author of the book, Follow the Geeks.