To: stock bull who wrote (72120 ) 10/14/1998 9:15:00 PM From: Mohan Marette Read Replies (1) | Respond to
Ref:Year 2000, the day after.Courtesy:Business Today from India Today Will There Be Y2K After Y2K? "Y2K work will, probably, start tapering off by the second half of 1999, but may continue beyond January 1, 2000." N R Narayanamurthy Mohan: This guy should know 'cos his company is in the thick of it all. Actually, not every Y2K problem in the world will be solved by January 1, 2000. On the contrary, most companies woke up so late to the problem-panic-buttons weren't really pressed till late 1997-that few of them hope to have the entire issue resolved before their computer calendars are set to 00. As a study by the global infotech consultants, Gartner Group, reveals, only 34 per cent of the 2,000 largest companies in the US expect to have solved all their Y2K-related issues before Day One. And the experience of Indian software companies suggests as much. Confirms Sinha: ''Even at this stage, we come across customers who are just starting to tackle the problem. They are aiming to solve only the bare minimum by the deadline so as to keep functioning.'' The Y2K strategy adopted by most corporates: target the absolutely critical applications first, and, even within them, focus on the bugs that can stall the functioning of key applications. For example, many companies that woke up late have decided to fix only their transaction-recording software, temporarily ignoring the reporting functions. Although this will enable them to carry on doing business, they will not be able to generate the aggregated numbers that managers need in order to take decisions. However, once the critical systems are fixed, tested, and confirmed as Y2K-compliant, the reporting systems will have to be repaired too, kicking off a new cycle of activity. Concludes N.R. Narayanamurthy, 53, the CEO of the Rs 260-crore Infosys Technologies: ''Work will, probably, start tapering off by the second half of 1999, but it will certainly continue beyond January 1, 2000.'' Agrees Tata Infotech's Jain: ''It will go on for at least a year after that.'' india-today.com
