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Technology Stocks : Year 2000 (Y2K) Embedded Systems & Infrastructure Problem
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To: John Mansfield who wrote (140)2/28/1998 4:15:00 PM
From: John Mansfield  Read Replies (1) of 618
 
EC: 'the level of preparation is still relatively limited'

'Communication to the Council, the European Parliament, the Economic and Social Committee and the Committee of Regions: The Year 2000 Computer Problem, COM(1998)102, 25 February 1998, PDF versions in all languages

At the turn of the century administrations, enterprises and other users are being affected by the inability of many computer systems and programs to perform correct computations with dates after 31 December 1999, due to the use of only two digits to indicate the year. At the same time, they are being involved in the transition towards a single European currency. Taken together both problems represent a major challenge for the Information technology sector, a critical business issue for enterprises of all sizes in all sectors and a major challenge for public services. Recent surveys show that the level of preparation is still relatively limited and differs across Member States. The European Commission adopted therefore a Communication on the issue. It stresses that the responsibility for fixing the Year 2000 problem clearly lies with suppliers and users of computer-based systems but announces a number of awareness creating and supporting European actions : the Commission will encourage and facilitate the exchange of information and experience, liaise with organisations that are responsible for crucial infrastructural sectors (telecommunications, energy, transport) and insert the Year 2000 problem as a regular agenda item in relevant ministerial and other meetings. '

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