Fwd: Internet to Gobble World's Bandwidth

[Eric Scheid]

Which end of the ball park are these figures in, and what is the outlook 
for Australia - perhaps Ramin could comment? 

(ps - mucho thanks to Ramin & www.consult for organising An Evening with 
David Siegel)

>The Internet Daily: Internet Industry News [Thursday - 10/22/98]
>
>Internet to Gobble World's Bandwidth 
> 
>Computer networking consultant Nicholas J. Lippis III said yesterday 
>that, by 2002, nearly $1.5 trillion worth of goods and services will 
>be paid for online. That would be 30 percent of the gross domestic 
>product, he told an audience at NetWorld+Interop convention session in 
>Atlanta. He also predicted that, a year later, in 2003, Internet 
>traffic would consume over 90 percent of the world's bandwidth. "The 
>world of enterprise networking is undergoing a fundamental 
>transformation," Lippis said, announcing his plan to participate in a 
>series of conferences for network managers to help them through these 
>new challenges. 


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eric@ironclad.net.au                 i r o n c l a d   n e t w o r k s
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