library.northernlight.com
Fair Use/etc...
NEW YORK, Nov 29, 1999 /PRNewswire via COMTEX/ -- An informal public-interest coalition of CIO magazine, ISACA, and Dr. Ed Yardeni's Y2K Center today released the findings of their third Y2K Experts Poll. The world's top Y2K professionals, with first-hand knowledge of the technology problem, were invited to participate in the poll. According to Gary Beach, Publisher of CIO magazine, "One in five large companies is racing to finish by the end of December. Some are going to make it, some aren't. Even those finishing will not have enough time to adequately test and verify their work. This concerns me...."
HIGHLIGHTS OF THE POLL Project Completion: According to the current poll, most firms are finished with their Y2K project work. Thirty-two percent report their Y2K projects were 100% complete and another 56% said they are 91%-99% done. At the same time, many organizations are taking longer than expected to finish, with 57% indicating they need the last months of the year to finish their Y2K projects, an increase from 43% in September and only 16% in June. Curiously, there are just a few organizations (7%) expecting to have Year 2000 work to do next year.
According to Dr. Ed Yardeni, noted economic forecaster and Y2K expert, "Our sample is admittedly skewed to firms that should be in good shape. The majority of the Y2K experts we surveyed are optimistic their organizations will have a smooth transition, and that the overall impact of Y2K on the economy will be minimal. However, there are some disquieting responses, suggesting there are numerous laggards in finishing the project and preparing contingency plans in time."
Mission-Critical Systems: When asked about the readiness of their mission-critical systems, 59% say they expect they will all function properly, while 33% (9/99: 34%, 6/99: 41%) acknowledge 1%-5% of these mission-critical systems might experience some malfunctions or failures. The group anticipates that an average of 2% of their organizations mission-critical systems may malfunction or fail...
Good Gawd...Does anyone know if there will be a December survey?
|
