U.S. Technology Imports Susceptible to 15 Day Y2K Delay

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-- Linkmeister (link@librarian.edu), June 27, 1999


[for educational uses only]

United States Technology Imports Susceptible to 15 Day Y2K Delay
04:26 p.m Jun 25, 1999 Eastern

LONDON--(BUSINESS WIRE)--June 25, 1999--The 15 largest suppliers of U.S. information technology and telecommunications equipment are located in countries that are behind in Y2K preparations and fixes.

The countries represented below exported $113.9 billion in IT and telecoms equipment to the US in 1998. The countries were analysed for Y2K failure scenarios. The countries were then placed on a damage estimate scale, called the Y2K Storm Rating scale with a ranking from 1 to 6, with 6 being the worst case. The average Y2K Storm Rating of these countries was 3.0. This average Storm Rating score of 3.0 corresponds with an average transportation delay scenario of 15 days.

The scale, known as the Y2K Storm Rating, is used by International Monitoring to assess the risk profile for 140 countries. The scale is used to assess the probable delays in critical infrastructure such as utilities, telecoms, transportation and banking due to Y2K problems which will be unfixed.

Organisations dependant on timely IT and telecoms shipments should consider the risk of delay and consider various ports of entry and methods of transportation during the Y2K period.

International Monitoring, a consultancy based in London assesses the technology infrastructure of countries, the efficiency of the Y2K fixes and estimates of the lateness of Y2K fixes. These analyses are then used to calculate dollar damages and probable Y2K scenarios.

The results are useful for those conducting business internationally or those concerned with foreign business partners. For more information visit International Monitoring's web site at www.intl- monitoring.com and download a product brochure.

Copyright 1999, Business Wire

-- Linkmeister (link@librarian.edu), June 27, 1999.

Interesting... thanks, Linkmeister.

Y2K Storm Rating, huh? Good idea.


-- Diane J. Squire (sacredspaces@yahoo.com), June 27, 1999.

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