Here is true optimism. Some 20% of the largest US companies have a y2k repair project, but over 85% of US companies expect to have half of their systems ready to test by late 1998.
This story appeared in COMPUTERWORLD (Dec. 18).
On the allocation of resources necessary to complete a y2k repair project, see the
California White Paper.
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Here's a leap of faith: Only 20% of America's biggest companies have devised a full-fledged year 2000 strategy. Yet 87% of those polled in a new survey expect to have more than half their systems fixed by the end of next year. . . .
The survey uncovered disturbing news about corporate progress with the millennium bug, as 82% of companies admit they underestimated the costs to fix the problem. Meanwhile, 95% said finding new staff to work on the problem has been "difficult or impossible."