Trend Continues - The Infoliant Compliance Tracker(TM) Delta Report Shows One-Third of All Y2K Compliance Status Changes in May are `Negative'greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread
Infoseek Y2K News <:)=
PITTSBURGH, June 3 /PRNewswire/ -- The latest Delta Report released by Infoliant Corporation, which tracks statistics regarding the Y2K compliance status of over 36,000 hardware and software products, announces that 367 products had their status changed during May. 38% of these products underwent a "negative" change with either the disclosure of a previously unknown Y2K issue, or the manufacturer's decision to cease Y2K support for that product. This continues the trend of the past three months where approximately one-third of all status changes have been "negative" in nature.
Another alarming announcement is that the percentage of products that were moved into the "Vendor Will Not Test" category has risen to 15% in May, up from 8% in April. Also, 1,850 products tracked by the Year 2000 Network Advisor are still in the "Pending Evaluation" category, meaning that the manufacturer has not yet tested these products for Y2K compliance.
Also reported by Infoliant, but not included in the May Delta Report, are over 600 updates that are not actual status changes, but rather are revisions to previously released corrective action plans. For example, already requiring corrective action, Microsoft revealed the need for additional patches designed to make Windows 95 fully Y2K compliant. This information was released to Infoliant's subscribers through its Compliance Tracker email notification service.
In total, Infoliant has tracked nearly 3,000 changes in Y2K compliance status since it began tracking the data in 1997. Two-thirds of these changes were recorded in the past five months (1,973 between January and May 1999).
Customers can get the latest Y2K readiness information on over 36,000 products by subscribing to the Year 2000 Network Advisor and the Compliance Tracker notification service on the Web, or by setting up a fully-mirrored version of the Year 2000 Network Advisor on their company's internal network via Infoliant's Millennium Direct option, available in either Lotus Notes or Microsoft Access 97 formats.
For more information about Infoliant's Year 2000 Network Advisor, the Compliance Tracker, or the Millennium Direct family of products, please call 1-888-925-5478. SOURCE Infoliant Corporation
-- Sysman (email@example.com), June 04, 1999
Infoliant knows the party is over.
------------------------------------------------------------------- The year 2000 computer crisis is not turning into the gold rush many companies had expected, and the few that built profitable Y2K practices are switching gears to find a new niche.
"People thought [Y2K] would be a total bonanza, and that you'd be picking up money off the street," said Kevin Weaver, executive vice president of Infoliant Corp., a Pittsburgh company that built an online database to track the Y2K compliance of 33,000 computer products. "It hasn't been like that."
Weaver is not complaining. Infoliant, founded in October 1997, broke even less than a year later and now has customers that include IBM Corp., Computer Sciences Corp. and leading Wall Street firms many of which have contracts with Infoliant that continue through next year. Infoliant now is leveraging its database to create an Internet publishing business.
"1998 went extremely well," Weaver said. "We're one of the few Internet companies actually making money." .... Privately held Infoliant has been approached by insurance companies and law firms interested in using its Y2K compliance database as a resource for litigation, said Weaver, who expects to have an index set up to support the service by midyear. Weaver said the litigation database likely would include the 3,000 products whose compliance status changed since Infoliant started tracking it. Weaver expects that number to hit at least 5,000 by year's end.
Infoliant's government customers include the Army, NASA, Los Alamos National Laboratory, the Agriculture Department and other agencies that have signed non-disclosure agreements. Federal, state and local government agencies make up about 10 percent of Infoliant's customer base.
Weaver said Infoliant's revenue stream is solid through the end of next year since many of its customers who pay a subscription fee for access to the database and daily compliance updates have signed contracts through 2000.
Meanwhile, Weaver is hard at work trying to determine other uses for the database. For example, he is examining whether there is a profitable way to continue gathering information on computer products across the industry and publishing the information.
Many customers have shown an interest in having access to a resource that tracks the thousands of new products brought to the market every year, as well as updates and changes to existing products, Weaver said. "We're trying to figure out the right niche."
Weaver does not expect the transition to be easy. "Will revenue in 2001 be as high as it is now? In all honesty, probably not," he said. "We have our own Y2K problem in that all of our revenue is tied to it." --------------------------------------------------------------------
-- Paul Davis (firstname.lastname@example.org), June 04, 1999.
Infoliant knows the party is over.
Was that supposed to be a meaningful remark?
If so, please try again.
-- Lane Core Jr. (email@example.com), June 04, 1999.
Queasy info in both articles. Questionable ethics & practices. The world cannot continue in this immoral biz-as-usual forever. Evolution will eventually right these off-course elements, Y2K or no.
Sad that it has come to this and very few even notice!~
A degenerated society, placated and tempted by material prosperity.
The material abundance is nice, even good, but the methods and creeping immoralism are very destructive. Why not have material abundance AND good behavior? They are NOT mutually exclusive!
xxxxxxxxxx xxxxxxxxxx xxxxxx
-- Ashton & Leska in Cascadia (firstname.lastname@example.org), June 04, 1999.
Thanks sysman. This post needs no comment.
-- Will continue (email@example.com), June 04, 1999.
According to Paul Davis, he works for the Army Corp of Engineers. Keep in mind that these are the same folks that have been trying to fill in the Atlantic Ocean for the past 20 years. And at taxpayer's expense I might add.
-- a (firstname.lastname@example.org), June 04, 1999.