In an interview with the Sydney Morning Herald, Phil Kiely, vice-president of Oracle Online Asia-Pacific, lambasted the inexperienced individuals who had brought unproven business practices to the IT industry.
‘I think it (the dotcom crash) allowed us to clean out those interlopers who came into the industry to exploit the booming sector but they had fairly untried and untested business models,’ said Kiely.
‘Some of them didn’t even understand IT and they’ve all but disappeared,’ he added. ‘It certainly has strengthened the industry.’
Kiely echoed similar calls in the UK that the IT industry must focus on education as the best route to gain top quality engineers and programmers.
Drastically fewer offices for HMRC in the hope to reduce their running costs
A CIO has been appointed at BDO from law firm Olswang
Global revenues have risen 8% to $7.6bn (£6bn) for BDO in 2016
The accounting and legal giants have partnered to create DataCheckPoint, an eight-stage data and cyber security audit offering