Budget ax falls first on new IT development projects

Now York, INTERNETWEEK, September 8, 1997, www.internetwk.com

IT'S BUSINESS GROWTH VS. business survival.

Squeezed by short funding and a shrinking talent pool, a growing number of IT managers are being forced to cease development of business-critical Internetbased applications to fix existing apps threatened by the Year 2000 problem.

"There are hranches of goernment that have issued statements to their IT departments saying that they should not do any new projects until they have solved their Year 2000 problems," said Neil Cooper, research analyst at Cruttenden-Roth (www.crut.com), Irvine, Calif "Some of the Big Six accounting firms say they see some: of their clients doing the same thing." Cruttenden-Roth sponsored a conference