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6/29/2004
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Andreessen Steps In For Conway At FedEx Conference

After PeopleSoft president and CEO cancels speaking engagement, Opsware chairman talks up expanding power of the Net.

It could be the trial deciding PeopleSoft's future that's crowding out Craig Conway's calendar. The president and CEO of PeopleSoft--a company whose fate depends on whether a judge sides with the Department of Justice or Oracle, which is trying to take over PeopleSoft--canceled a speaking engagement at the last minute.

Conway had been scheduled to address analysts Monday night at FedEx's Rocky Mountain Tech Center in Colorado Springs, Colo. Stepping in for him was Marc Andreessen, chairman of Opsware and co-founder of Netscape, who took the stage with George Colony, chairman and CEO of Forrester Research, at the Broadmoor hotel.

At the FedEx Technology Conference, Andreeson talked up the expanding power of the Internet, noting that in 10 years it will boast 3 billion users. "Simply factor in the population of developing world countries such as China and India," he said. Companies are just beginning to realize its power, he noted, and as they do, newer and faster applications in areas such as logistics will be rapidly adopted.

Entertainment applications will also advance as the Internet matures, and microprocessor speeds break barriers. Andreesen said he expects them to reach 100 Ghertz in three to five years, enabling PCs to deliver real-time animation the quality of movies like Toy Story.

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