After announcing its .NET initiative in mid-2000, then backing it up with a slew of releases and hype, Microsoft clearly was hoping 2002 would be the year Web services took off. But the calendar has flipped to 2003, .NET is nowhere near as far along as anticipated, and some observers are wondering if the software giant might have gotten ahead of itself in making such bold predictions.
Microsoft is far from alone, of course. Web services in general, which have been touted as the next big thing in the aftermath of the dot-com crash, have not been the moneymaking powerhouse many had hoped -- and they certainly have not saved the tech sector from its deep slump.
Granted, some Web services and .NET success stories already are in evidence, but many enterprises continue to take a wait-and-see approach.
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