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June 10, 1997updated 05 Sep 2016 1:06pm

YEAR 2000 SPENDING WILL REDUCE NEW SYSTEM PURCHASES – META

By CBR Staff Writer

Meta Group believes Year 2000 analysis and conversion outsourcing deals will use up to 20%-30% of total IT budgets during the next three years – with less than 30% coming from sources outside IT departments – which will mean that other IT efforts, including upgrades and modernization fall by the wayside.

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