Y2K hits local IT spend, study reveals

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."


IDC's 1998 Global IT Survey also reveals that, while many similarities exist between the US and Australian IT environments, proportionately, small business organisations in Australia have a larger operating budget than their counterparts in the US.

However, medium-sized and large businesses in Australia have smaller budgets than their US counterparts.

Penn said this difference was likely to diminish over time as well, with Australian respondents indicating that they expected to increase their operating budgets at more than twice the rate of US organisations.

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