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Y2K Changed Business Forever. So Will COVID-19.

Zoominfo

Y2K Preparedness Leads to Outsourcing Boom. Doomsday concerns followed: Would bank interest rates go haywire if back-end systems didn’t know the correct date? This approach planted the seeds for offshore IT outsourcing that became the norm in the software industry. IT Outsourcing. (Source: ZoomInfo ). Antivirus Software.

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Y2K Changed Business Forever. So Will COVID-19.

Zoominfo

Y2K Preparedness Leads to Outsourcing Boom Unlike the coronavirus, the year 2000 (Y2K) bug was not an organism, but instead a software glitch rooted in the past. Doomsday concerns followed: Would bank interest rates go haywire if back-end systems didn’t know the correct date? Could a power grid fail during the date rollover?