Gail Fitzgerald, Chair and CEO of Computer Task Group, on CNBC, just now, excerpts:
It's a very big problem. It's hard to put a number on it, still assessing.
The systems have very little documentation, you have to go through the code line by line.
It's not just in the software, it's in the hardwired microchips, also.
I don't think there's an industry that is exempt. We'll see some functions that work, but some of those will interface with other functions that don't, and so they won't work.
There's a lot of work to do before 2000, and we'll run out of time, so some systems won't be working.
Parameters of cost? It will cost millions of dollars for even small companies, and hundreds of millions for large dompanies.
Unless they hire a Mister Mike Winn, of course, who can fix everything in a jiffy for peanuts.
[I added that last line, sorry. JM] |