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Stephen Minton Vice President of Worldwide IT Markets and Strategies within IDC's Global Research Organization
IDC Predictions Team IT Professional Strategies
Analyst Quote Driven by the rise of the Internet and eBusiness, European companies have debunked the theory that the after-effects of year 2000 would delay or inhibit IT spending this year. With IT services growing 13% and the software market expanding 14%, year 2000 actually represents boom time for IT vendors in Europe. Even the hardware market, hardest hit by Y2K effects during the last quarter of 1999, will recover to healthy growth of 10% this year
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