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Technology Stocks : Discuss Year 2000 Issues

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To: Cheeky Kid who wrote (5466)4/11/1999 10:11:00 PM
From: David Eddy  Read Replies (1) of 9818
 
Cheeky -

that most companies would keep the Y2K repairs in house or replace old systems.

It indeed has come to pass that most work has been done in house. Remains to be seen what the quality is.

Replacing old systems is a red herring. It's easy to say & puts people off the scent because it sounds so logical. However it's very hard to do.

I was speaking with a Harvard Business School professor who's attempting to analysize ERP (Enterprise Resource Planning - SAP, PeopleSoft, Baan, Oracle Financials, etc.) projects. Aside from the fact that it's very hard to get a fix on accurate/consistant data, he was willing to say that it appears that 50% plus of these projects are considered failures.

Dig up someone who's been on a systems replacement project... very hard work. Easy to talk about in rousing PowerPoint slide shows, & very hard to make happen.

- David
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