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May 18, 1999 Year 2000 Crisis-Management Plans Accelerate With the year 2000 compliance deadline moving ever closer, more companies are starting to plan for possible systems problems, according to a survey released yesterday by Cap Gemini America. Only 55% of the respondents in the latest of a quarterly year 2000 survey had met their goals of having more than half of their computer code "completely tested and compliant" by Jan. 1. That's a poor showing compared with the prior quarterly survey in December, when 74% of respondents said they expected to meet that goal. And the percentage of organizations expecting to have more than three-quarters of their code tested and compliant by the end of this year fell to 78% from 88% last August. As a result of slower-than-expected progress, greater emphasis is being placed on risk management, according to the survey. Some 85% of the 152 companies and 14 government agencies that participate in Cap Gemini America's quarterly year 2000 poll now plan to build year 2000 crisis-management centers. That's more than twice the percentage reporting such plans in the prior poll. Year 2000-related failures are also up to 72% compared with 55% in the previous survey. Most of the failures, 93%, caused financial miscalculations. -- Bruce Caldwell |
  Capital Pours Into IT Week of May 10-14 Week of May 3-7 Week of April 26-30 Week of April 19-23 Week of April 12-16 |
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