To: tech who wrote (1888 ) 1/4/1998 9:22:00 PM From: tech Respond to of 3391
SOME MORE EVIDENCE >> GOSH! All these Fortune 500 Co.s must be too STUPID << Mr. Hasen seems to feel that companies have already looked at their year 2000 problem and CEO's are on top of it with the "best and brightest". >> "Companies that hire the brightest and the best from around the world and pay the commenseratly are just overlooking the possibility of using an "automated" Y2K tool. Yeah, right << - Mr. Kevin Hansen Here is more evidence to the contrary:InfoTechWeekly Dec. 1, 1997infotech.co.nz __________________________________________________________________Panic starts to build as Year 2000 reality hits executives By DAVE KING CORPORATIONS yet to confront the year millennium bug are running out of time and their executives are panicking. Alon Farhy, director of Asia-Pacific operations of United States company Mercury Interactive, says some executives still don't know what they are up against . The deadline is December 31, 1999, but unlike other information systems deadlines, the turn of the century cannot be delayed, he says. Mr Farhy's Silicon Valley-based company has developed software to test legacy and client-server information systems for the Year 2000 bug. The problem has to be resolved a year, or at least six months, before the end of 1999, he says, to allow time to ensure that systems are truly year 2000 compliant after remedial action has been taken. "You can't suddenly switch over, and yet there are still large organizations that don't know if they've got the problem." Unfortunately, says Mr Farhy, there is no fixed knowledge base on resolving the problem. It is a unique, and unprecedented, event in the industry. "There's nothing to say that they [executives] should do this, that, or the other, to get to the other side of the river," he says. "Right now there's a lot of panic." Mr Farhy spoke at seminars in Wellington and Auckland on the millennium bug. According to the Gartner Group, Mercury Interactive has 30 per cent share of the world market in systems testing. Mr Farhy says information systems that cannot handle the date change on December 31, l999, can either be fixed or replaced. Research shows that worldwide, 40 per cent of companies have elected to fix their present systems while 36 per cent will replace them. A number of companies began curing the year 2000 problem some time ago by implementing Enterprise Resource Planning (ERP) packages for mission-critical applications. "What surprises me is there are still some very large businesses that don't really know the extent of their problem to date. "If you do not know what needs to be done right now you're potentially in big trouble." He says a high percentage of companies are in that situation. It is an enigma he believes can be traced back seven years to the time when the problem became apparent, and when few companies took it seriously. Many executives thought it was a lot of hype. Even in l993 there was a lot of cynicism about the problem, till a Gartner Group study revealed it was real and would cost about US$600 billion (NZ$968 billion) to fix worldwide. Now executives are disturbed about what is happening. Some companies are naive enough to believe that they would not be affected. Each company is on its own, says Mr Farhy. Companies do not collaborate to overcome the problem and treatment is regarded as a highly confidential corporate matter. "On one hand companies do not want to disclose the size of the problem, while others believe resolving the problem gives them a competitive edge." Mr Farhy admits his evidence is anecdotal but says it is based on discussions he has had with Mercury Interactive's current, and prospective, customers. In the United States the company's customers include AT & T and Chemical Bank. In Australia it serves Telstra, BHP and ANZ Bank. Mercury Interactive's products are distributed in New Zealand by Wellington-based Delta Software. ____________________________________________________________________ Is the Fortune 500 stupid when it comes to y2k ? Well, maybe not stupid, but definitely naive to the complexity of the problem and the total costs of finding a viable solution. Many companies even refuse to admit they have a problem, and those who do admit it don't even have a clue where to begin and how extensive the problem may be. Now combine this with an ever decreasing supply of programmers and the fact that only 20% of the largest U.S. companies have a current project underway. Never mind that most of the code is located outside of the U.S.