Y2K hits local IT spend, study reveals
Australian IS managers believe the year 2000 problem is taking a heavier toll on short-term IT spending than their US counterparts, a new worldwide survey reveals. According to Graham Penn, IDC Australia and New Zealand general manager: "While managers in both countries placed Y2K behind the impact of upgrading IT infrastructure and applications, the Australian managers certainly rated it as more important to their overall budgets than did those in the US."