Article on Rising Y2K Prices, dated 10/14/96.
Periodical: Computerworld
Section: News; IS careers; Pg. 1
Headline: "Year 2000 crash course offers IS career payoff."
(Selected paragraphs follow. I'm not posting the whole 863-word - no, I did not count the # of words - article because of time constraints and copyright concerns.)
"Heightened demand" was cited by IBS Conversions, Inc. for its plans to raise pricing on its code-scanning services by 10% to 15% in January, said Roger Byrnes, director of the Chicago-based consultancy. IBS Conversions' current scanning prices are 1 cent to 3 cents per line of code for nine languages, including IBM's AS/400 RPG and Cobol languiages, Byrnes said.
Viasoft, Inc., a Phoenix-based year 2000 software and services vendor, plans to raise its software prices 30% to 60% in January. The price hikes cover the cost of supporting 15 to 20 additional programming languages rather than increased customer demand and "market panic," said Jean-Luc Valente, director of marketing at Viasoft.
As firms compete for increasingly scarce year 2000 resources, year 2000 prices will rise sharply, said Jim Duggan, technology director at First Albany Corp. in Stamford, Conn. He cited estimates from Meta Group, Inc. that the cost to convert each line of code will rise 25% to 30% next year and rise another 50% to $2 per line in 1998."
Philip |
