Quest for Business Agility Drives Legacy Replacement Projects
According to a new report from Celent, addressing legacy IT environments will become the cost of staying in business.
December 24, 2012
The main business benefit of a core systems replacement is increasing business agility, according to 58 percent of respondents to Celent’s “Tracking Progress In Core Systems Replacement, Global P&C Edition.” Just 12 percent of respondents pursue such projects to reduce business costs, 11 percent to reduce IT costs, 9 percent had other reasons, 4 percent had no business case and 3 percent were pursuing such projects in efforts to increase revenue.
All Insurance Networking News articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, e-books, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.