HP clears the way
Just the other day it seemed the world was consumed by panic over the Y2K bug, which some believed would bring the business world to its knees, but the moment of truth came and went without incident, leaving its mark only on businesses that smashed their IT budgets overnight, writes Keith Barron
The Y2K panic is well documented, but its aftermath is only now being appreciated. The entire IT industry has suffered a slowdown, in part due to the unexpectedly high spend companies met to protect themselves in the late 1990s. This has since been compounded by a struggling global economy that encourages a ‘make do and mend’ approach to IT investment.These two factors resulted in companies putting up with outmoded IT systems and holding back on a new wave of investment. This, in turn, has left computer manufacturers languishing in a sales slump, particularly in the small to medium business (SMB) sector.
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