Y2K 2

What started of as a noble act of saving some memory space turned out to be a quake, capable of trembling the world to its core. When maiden inventors set the year with two digits instead of four, little did they realize that by 1st January 2000 it would cause arithmetic delinquencies and confuses the entire system. For example, a bank transaction on the 25th of July 1997 would be recorded as 07/25/97. Many software add the value 1900 …

…there is going to be an IT disaster does not help much especially when there are few resources to handle the problem. A rough estimation to create solutions for the Y2K issue concentrated on something like US $400 -600 billion dollars worldwide. An additional 200,000 COBOL programmers will also be required. Organizations are not the only ones that are going to suffer from the virulent millennium bug, it can be anyone, even a personal computer user.