Page 125 - A Life - my Live - my path
P. 125

12. HORIZON ICT

              In 1997, we sold 3 licenses. Our business picked up so well
              that in 1998, we sold 11 licenses, and in 1999, 12. Our sales
              rose from 47 MFB  (1.2 M€) in 1996 to 104 MFB  (2.6 M€) in
              1999.  Our  situation  was  very  good,  and  our  cash  flow
              excellent.
                 We had therefore spent almost two years consolidating
              the  company.  At  the  end  of  the  1   quarter  of  1999,
                                                    st
              I organized a meeting with two of my managers to analyse
              our medium and long-term situation. The conclusion was
              that  our  very  favourable  position  with  HI-Account  was
              essentially due to the needs created by the transition to the
              year 2000 and the changeover to the euro.

              Comment: changeover  to  the  year  2000  and  the
                           euro
                The Y2K problem, also known as the "Y2K bug", was linked
                to the structure of the "date" field in files that had been
                created right from the start of computer programming in
                the  late  1950s  and  early  1960s.  Knowing  that  memory
                space  was  very  expensive,  no  computer  scientist  at  the
                time could reasonably think that his programs would still
                be operational 40 years later. The "dates" fields were, in
                fact, defined dd/mm/yy. This 2-position structure for the

                year made it easy to define dates for the years 60, 61... 98,
                99, and everyone understood that the years 1960, 1961...
                1998, 1999 were represented. However, for the incoming
                "00",  the  programs  could  no  longer  differentiate
                - unambiguously - between 1900 and 2000.
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