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TECHNOLOGY

10.20.98  
Y2K: Hype or Horror?
Here are the results of our online and fax survey conducted during the first part of October, 1998. Figures may not add up to 100% because of rounding.



How big is your company?
# of employees
1-538%
5-20 10
20-50 10
50-100 11
100+ 32
# of PCs
1-5 36
5-20 17
20-50 9
50-100 9
100+ 27

How concerned are you that the Y2K problem will hurt your business?
Unconcerned 26
Somewhat 32
Very 43

How many of the companies with whom you do business have asked about your compliance?
None 36
Some 38
Many 27

What have you done in response to these inquiries? (Check all that apply)
Ignored them 16
Answered questionnaire 33
Sent own standard response 36
Answered verbally 27
Altered software or hardware 25

How many of the companies with whom you do business have you asked about their Y2K compliance?
None 36
Some 39
Many 25

With which of the following have you found Y2K problems?
PCs 48
Software 58
Other computerized equip. 30
Customers 29
Vendors 33
None 25

Which of your own systems have you fixed? (Check all that apply)
PCs 44
Off-the-shelf software 30
Customized software 33
Other computerized equip. 26
None 40

Could your staff handle it, or did you need outside help?
In-house 31
Consultants 7
A mix of the two 41
Haven't done anything yet 21

How much did you spend?
Nothing 32
Under $1,000 22
$1,000-$5,000 10
$5,000 or more 38

How many weeks did it take?
Fewer than 1 24
1 to 4 weeks 21
4 to 12 weeks 14
More than 12 weeks 41
More than 24 weeks 0

DATA: BW ONLINE



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