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Technology / AI and automation

Y2K PROBLEMS WILL DELAY NEW DEVELOPMENTS SAYS SURVEY

While the common line regarding the Year 2000 problem has been that it could encourage companies to move away from legacy systems onto newer generation hardware and software, as a cheaper alternative to converting existing systems, a new survey carried out by UK research firm Gatton Consultancy Group found that half of the IT directors they surveyed expected that between 25% and 50% of their new developments would be delayed as a result of the problem. It seems that companies are pouring so much money and resorces into fixing the problem that new technology developments are being neglected.

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CBR Staff Writer

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