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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: John Mansfield who wrote (8243)12/5/1997 4:54:00 PM
From: John Mansfield  Read Replies (2) of 13949
 
ERP and Y2K

From:
pathfinder.com@@jeOaGQUAsSsvY@7m/fortune/1997/971110/ten2.html

This article is very booming about the ERP vendors. But: ERP implementation in an enterprise of some size may take anything from 1 year to several years. So what will the market forERP vendors be in e.g. beginning of 1999? That is not mentioned in this article.

John
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Two trends that are forcing network managers to confront the inadequacy of their old systems are further helping the ERP outfits. The first is the Year 2000 panic. Old computer systems must be painstakingly rejiggered so that mainframes and the like don't confuse Jan. 1, 2000, with Jan. 1, 1900, and wreak havoc in payroll, contracts, and other corporate divisions. Since enterprise applications are built to take 2000 in stride, corporations are deciding to skip the rewrite and jump straight to a new ERP system. Any company that does business in Europe faces the additional burden of making all its software comply with the rules of the European Economic and Monetary Union (EMU) by mid-2002. ERP applications take care of that too, so users are flocking to SAP and the rest.

The ERP boom bolsters other top tech companies. All these applications tap into databases, generally ones made by Oracle or Microsoft. And ERP software runs on a server, most often with Microsoft's Windows NT operating system. So Microsoft gets a cut of this business after all.
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