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To: Hawkmoon who wrote (9374)1/23/1998 11:22:00 PM
From: E  Respond to of 31646
 
From the Financial Times, a column called "Millennium Watch," by Bethan Hutton. Heading of this article is "DOUBLE TROUBLE DATE, Managers In Japan, Where Two Date Systems Are Used, Are Waking Up To The Problem."

It's a long piece, most of which is familiar material, but I'll give a few sentences:

"Research last year found that a worrying 12.5 per cent of [Japanese] managers still said they did not understand or were not aware of it...

...39 per cent of companies capitalised at less than Y100m did not have any IT staff, relying instead on outside contractors, which meant that no one in management was well informed about computer related problems.

Not surprisingly, 60 per cent or fewer of managers at smaller companies regarded the y2k bug as a serious problem compared with nearly 80 per cent at the largest companies. 'Smaller companies may cause confusion,' ...

Banks are reluctant to provide loans to smaller companies, so lack of funds for upgrading systems is becoming a problem.

Computer experts say that the slow Japanese response to the y2k threat means that there is likely to be a surge of demand for solutions from late this year. Solution providers are gearing up for the crunch..."