There are over 1.5 billion people worldwide using the internet representing only 23.5 percent of world population and we are now entering an Internet population explosion as emerging internet countries go online and need address space. Experts predict that an IP address exhaustion date is coming between Nov 2010 and Feb 2011 or sooner as countries potentially rush to acquire the last available addresses to avoid being shut out of the internet. In addition the number of IP addresses per person is growing too as millions to billions of new devices have become IP aware such as Mobile internet IPhones, smart phones, etc plus new internet services on trains, plains and the home grow. So the question is, is the industry heading toward another Y2K event? Fred Wettling, a Bechtel Fellow plus Manager-of Architecture & Planning and coauthor of the book “Global IPv6 Strategies: From Business Analysis to Operational Planning” joins us to provide perspective and strategy on how IT leaders can manage IP addressing and avoid a Y2K event.