Less Than Half Are Y2K-Ready
Monday, August 23rd, 1999 TechnologyFewer than half of America's largest companies (48 percent) expect all of their critical systems to be Y2K-enabled by 2000, a recent survey has found. Nearly one in five companies (18 percent) expect that 75 percent or less of their critical systems will be “completely tested and compliant” by Dec. 31, 1999, according to the survey by Cap Gemini America, Inc., an information technology and management consulting firm based in New York. Thirty-six percent expect between 76 and 99 percent of their applications to be ready for 2000, and 2 percent anticipate completing work on 50 percent or less of their systems, the survey found. Seventy-five percent of respondents have experienced a “Year 2000-related failure,” up slightly from 72 percent surveyed in May. Fifty-five percent reported such errors last December, Cap Gemini said.
