07 Apr 1998
Reuters has received an official pat on the back for its bug fixing efforts, becoming the first company to receive a year 2000 award from the Confederation of British Industry, writes Tony Smith.
The award acknowledges the #73 million Reuters will have devoted to solving the problem by 1999.
Reuters began addressing the year 2000 problem in 1996, when it appointed Martin Vickery as manager of its millennium compliance programme.
His role is to inform customers of Reuters? progress in adapting its software for the millennium.
The company also introduced a warranty that Reuters-specified products will remain fully functional after 2000.
The CBI award is intended to raise awareness of the year 2000 problem by highlighting companies that have implemented plans to survive the millennium date change. Awards will be presented each month.
?We hope our award will get companies to tackle the problem head-on, so that no business fails as a result of the year 2000,? said CBI director general Adair Turner.
Reuters spokesman Peter Thomas said: ?All our products will be certified for year 2000 compliance.
?Only when we?re sure that a system?s functionality will be unaffected by the date change will we certify it and issue the warranty.?
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