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Article: Cap Gemini: European firm profiting from millennium solution.(Company Profile)
- Article from:
- Europe
- Article date:
- May 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 Delegation of the European Commission. 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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Cap Gemini is growing in the United States, which represents a large portion of the company's business. It is considered a major player in the growing field of Year 2000 technology - fixing the programs on big mainframe computers that could fail in 2000 because they were designed with only two-digit years.
Many mainframe computers will go haywire when the date reads "00," which may be read as 1900. This is a complex task for governments, banks, utilities, and others that may have millions of lines of programming that will be affected. It is expected to cost hundreds of billions of dollars to reprogram or replace all these computers.
The company was the first ...