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Technology Stocks : Year 2000 (Y2K) Embedded Systems & Infrastructure Problem
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To: John Mansfield who wrote (418)5/25/1998 6:08:00 PM
From: John Mansfield  Read Replies (1) of 618
 
[SHIPPING] 'Is it too late to take action?'

'Recent research suggests that the transport industry is less aware of the Year 2000 problem than many other industries -
especially in respect of the threat posed by embedded chips. Furthermore, evidence presented by Gartner Group, one of the
leading IT consultancy companies and several Government Agencies suggests that medium and small businesses are far behind
the large businesses in identifying and taking action to remedy their Year 2000 compliance problems.

On the other hand, governments and large businesses are beginning to take action to notify the organisations in their supply
chains that, unless they are able to demonstrate that they are Year 2000 compliant early in 1999, they will face being removed
from the list of approved suppliers. National agencies responsible for Health and Safety, likewise, are preparing to implement
measures to ensure that Year 2000 safety-critical systems are working.

Strong evidence coming from government and industry suggests that companies who are currently (first quarter 1998) in the
early stages of identifying and budgeting for their Year 2000 compliance problems and undertaking their remediation and
contingency planning programs, are doing so only just soon enough. It is still not too late to address the problem but every day
of delay multiplies the difficulties of achieving compliance by the critical dates as it will become increasingly difficult to find
specialist companies for testing embedded chips.

...

tm-online.com
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