A group of 27 IT vendors including Dell, Motorola and Cisco, have created the High Tech Consortium (HTC) to assess each other's component suppliers for Y2K readiness.
The members of the HTC have identified 214 component suppliers which they share and will begin to assess whether each of them have successfully tested and ensured their systems are millennium bug proof. The assessments will be done independently and the information will be available to paying HTC members.
Each member organisation pays $15,000 to join and receives standardised Y2K assessment and contingency planning tools, plus access to shared practices and latest research.
Instead of vendors having to assess their suppliers individually, the members will be able to share this information once the companies have been tested. The 214 companies will be split between the members who will assess their readiness. The results will be posted to a secure area of the HTC's website, explained a consortium spokesperson.
The spokesperson disagreed the service has been established too late. "Many companies say they are Y2K compliant and this assessment will verify whether they are," she explained.
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