Computer Technology Plays a Crucial Role

With the Y2K deadline only weeks away, businesses everywhere are scrambling to ensure their computer systems are compliant. The construction industry is feeling pressure, as computer technology plays a crucial role in almost all aspects of construction , from bidding, design and engineering through final completion.

The impact of Y2K failures could be significant. Most construction companies run software applications to increase efficiency in scheduling, estimating and accounting. Many depend on computer-controlled security systems, phones, elevators, HVAC systems and other office equipment. Others rely on computer-controlled processes or machinery.

And, every company depends on suppliers and other strategic business partners who may or may not be prepared for Y2K.

What can be done at this point to minimize business losses and exposure to liability?