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    Fifty Two (52)Vedica Kant9/24/2129 min
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    Fifty Two (52)
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    • deephdave
      Top reader this weekTop reader of all timeReading streakScout
      3 weeks ago

      In the run-up to the millennium, Infosys hit the jackpot. To save storage space and cut down on costs, many computer programs abbreviated four-digit year data as two digits. In the late 1990s, there was genuine concern that the programs would be unable to recognise the “00” and differentiate between 2000 and 1900. There were wild rumours about the havoc to be unleashed at the stroke of midnight on 31 December 1999. Corporations turned to India and its cost-effective software programmers to fix the Y2K bug. Twenty two percent of Infosys’ 1998 revenue came from Y2K contracts.