Small to medium-sized businesses could "go under" if they do not take immediate action to deal with the millennium bug according to Don Cruickshank, chairman of Action 2000. Speaking today about the latest Action 2000 research, Cruickshank said: "For companies in the middle of the supply chain the risk of losing business is looming large."
Main findings of the Action 2000 survey are:
It was also announced that there will be a series of reports made public about preparedness from the regulators of 5 key sectors, prompting Cruickshank to comment: "There will be no room for companies that provide public services to be non-compliant." The first of these, from OfWat, is expected today.
Full story to follow.