An analysis of the effects of computers and the y2k problem on businesses

an analysis of the effects of computers and the y2k problem on businesses The y2k problem - the y2k problem the y2k problemthe y2k glitchthe millennium bug whatever you call it, it is the inability of some computers and computerized systems to correctly recognize dates after december 31, 1999.

The year 2000 problem was the subject of the early book, computers in crisis by jerome and marilyn murray (petrocelli, 1984 reissued by mcgraw-hill under the title the year 2000 computing crisis in 1996. Effects of the year 2000 problem almost everything in the world is recorded or run by computer electricity, communications, medicine, weapons, money, food, factories and. A computer undergoing y2k tests had closed a gate and blocked a major sewage line from the san fernando valley, without notifying plant personnel at their control consoles what it had done.

When i first started extensively researching the year 2000 problem (y2k) in early 1998, the extraordinary magnitude and ramifications of the y2k challenge to modern society hit me with breathtaking impact. The year 2000 problem (also known as the y2k problem, the millennium bug, the y2k bug, or simply y2k) was a problem for both digital (computer-related) and non-digital documentation and data storage situations that resulted from the practice of truncating a four-digit year to two digits. A substantial percentage of personal computers are thought to be vulnerable to the y2k bug, especially those that were made before 1997 (richards 1) y2k will most likely effect database and spreadsheet files that people have on their personal computers.

The year 2000 problem, also known as the y2k problem, the millennium bug, the y2k bug, or y2k, is a class of computer bugs related to the formatting and storage of calendar data for dates beginning in the year 2000. That is year 2000 (y2k) compliant in order to replace non-y2k compliant software, or for the purchase of a computer system required to replace a computer system where replacement is required by the y2k problem. Will examine the technical problem, the impact this problem has on computer systems, and the resulting legal problems of liability for directors and officers in canada. Y2k bug: y2k bug, a problem in the coding of computerized systems that was projected to create havoc in computers and computer networks around the world at the beginning of the year 2000 after over a year of international alarm, few major failures occurred in the transition from december 31, 1999, to january 1, 2000.

Y2k action loan program as the year 2000 approaches, many of america's small businesses find themselves in a quandary with the seriousness of the y2k problem finally upon them, they are unable-or unaware-of how to proceed. The year 2000 problem arose because many existing computer programs use only the last two digits to refer to a year therefore, these computer programs do not properly recognize a year that begins with 20 instead of the familiar 19. Keywords: risk, risk communication, risk management, y2k problem, year 2038 problem 1 introduction various risks are related to the increasing ubiquity of the internet.

An analysis of the effects of computers and the y2k problem on businesses

an analysis of the effects of computers and the y2k problem on businesses The y2k problem - the y2k problem the y2k problemthe y2k glitchthe millennium bug whatever you call it, it is the inability of some computers and computerized systems to correctly recognize dates after december 31, 1999.

As the report says, americans should prepare for y2k based on facts and reasonable predictions about the problem's effects on vital services the senate special committee on the year 2000 technology problem issued its 100-day y2k report on wednesday. Analysis of the y2k problem suggests that its characteristics were such as to elicit an excessive response from large institutions and governments, even in the presence of general procedures designed to avoid wasteful investments the y2k bug the story of the y2k bug2 became known to almost every inhabitant of the developed world during 1998 and 1999. Did the y2k bug actually cause any problems the y2k bug did actually cause many problems in the united states and around the world these problems weren't as widespread as many people expected them to be, but there were enough of them to make us realize that the y2k bug was a real problem. Y2k was both a software and hardware problem software refers to the electronic programs used to tell the computer what to do hardware is the machinery of the computer itself software and hardware companies raced to fix the bug and provided y2k compliant programs to help the simplest solution was the best: the date was simply expanded to a four-digit number.

  • The y2k problem is based on the idea that computer time (dates) are maintained internally in decimal and are compared on the last two digits hence, the angst that year 00 (2000) would be seen as before year 99 (1999.
  • Y2k costs will reach $75 billion, predicted peter de jager in the sept 16, 1993, issue of computerworld y2k repair costs will reach at least $100 billion and may go as high as $114 billion.
  • Y2k is the shorthand name for year 2000, a computer problem that may affect both environmental and human health in every industrialized or industrializing country many thousands of operating computers currently represent the year by two digits.

The y2k problem is unique because the ultimate deadline, january 1, 2000, cannot be delayed as such, agencies have had to make tough choices about how to best allocate resources to ensure that. Government institutions, small businesses, the health sector, and some public utilities lag because of funding shortfalls, a late start in addressing the problem and, in some cases, a misunderstanding of the nature and scope of y2k vulnerabilities. Because y2k problems may have similar effects on a wide range of businesses, and because many companies have taken similar steps to mitigate or prevent y2k-related damage or loss, the fortuity of y2k problems, in the context of sue and labor clauses, again will likely be determined in the context of the overall impact of y2k problems on business. One estimate of y2k impact on a community [this scenario comes from steve davis, the montgomery county, md, budget manager who has been instrumental in making his county one of the most y2k-prepared in the us.

an analysis of the effects of computers and the y2k problem on businesses The y2k problem - the y2k problem the y2k problemthe y2k glitchthe millennium bug whatever you call it, it is the inability of some computers and computerized systems to correctly recognize dates after december 31, 1999. an analysis of the effects of computers and the y2k problem on businesses The y2k problem - the y2k problem the y2k problemthe y2k glitchthe millennium bug whatever you call it, it is the inability of some computers and computerized systems to correctly recognize dates after december 31, 1999.
An analysis of the effects of computers and the y2k problem on businesses
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