Remember the Y2K Scare?  Pundits predicted that precisely at the stroke of midnight (adjusted for time zones of course) all IT-related services would cease. Power companies would shut down, financial markets would go dark and planes would fall from the sky!

To prevent this epic catastrophe, millions of dollars were pumped into software remedies that vowed to find and adjust that bit of elusive, ancient, code put in place by our IT forefathers. The problem arose because programmers often abbreviating a four-digit year to two digits, making year 2000 indistinguishable from 1900. Fueled by fear, doubt, and uncertainty, the Y2K scare turned out to be a mere inconvenience for some organizations and a big IT hangover for others on New Year’s Day.

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