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Article: Program like it's 1999. (solving the Millennium computer date problem)(includes related article on solutions to the problem)(Information Technology)
- Article from:
- Chief Executive (U.S.)
- Article date:
- April 1, 1996
- Author:
CopyrightCOPYRIGHT 1996 Chief Executive Magazine. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Millennium computer date problem will affect most major business operations and could cost millions to fix. What can companies do before time runs out?
Financial-services companies will lose millions in interest. Manufacturing companies will find their inventories "expiring" prematurely. Insurance companies will send inaccurate premium statements to policyholders. People will be charged for 99-year-long phone calls. And octogenarians will be notified of their eligibility for kindergarten.
Sounds amusing and pretty improbable, but in reality, with the dawning of New Year's Day 2000, corporate America will face a computer programming crisis that will affect ...