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Technology Stocks : CSGI ...READY FOR TAKE-OFF!
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To: tech who wrote (1797)12/29/1997 8:50:00 PM
From: tech  Read Replies (1) of 3391
 
Only 20% of the Largest US Companies have a Y2K Project

Link: www2.computerworld.com


Here is true optimism. Some 20% of the largest US companies have a y2k repair
project, but over 85% of US companies expect to have half of their systems
ready to test by late 1998.

This story appeared in COMPUTERWORLD (Dec. 18).

* * * * * * *

Here's a leap of faith: Only 20% of America's biggest companies have devised a
full-fledged year 2000 strategy. Yet 87% of those polled in a new survey expect
to have more than half their systems fixed by the end of next year. . . .

The survey uncovered disturbing news about corporate progress with the
millennium bug, as 82% of companies admit they underestimated the costs to fix
the problem. Meanwhile, 95% said finding new staff to work on the problem has
been "difficult or impossible."

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As have indicated on this thread. Once the flood gates open companies who already are using toolsets from the vendors will see their payroll costs skyrocket. The automated factory approach will be their only hope.

Those who are late in the game can't address the problem in-house, if they can't find any programmers. Buying tools from the vendors won't do you any good if you don't have the programmers to use them.
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