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Technology Stocks : Discuss Year 2000 Issues

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To: Bill Ounce who wrote (1494)	4/30/1998 10:56:00 AM
From: Bill Ounce	Read Replies (1) of 9818

Y2K and embedded systems in the Oil & Gas industry Message 4267813 [...] Few organizations have recognized the full potential for possible failure in embedded systems. Moreover, the supply of talent qualified to identify and correct these problems is being consumed quickly by other year 2000 projects. The longer that production managers wait, the less the likelihood that they will be able to affect the outcome pragmatically. It is estimated that the average oil and gas firm, starting today, can expect to remediate less than 30% of the overall potential failure points in the production environment. This reality shifts the focus of the solution away from trying to fix the problem, to planning strategies that would minimize potential damage and mitigate potential safety hazards. [...]

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