Experience, insights and recommendations for the replacement of legacy systems
Nearly 60% of organizations using legacy systems struggle with higher expenditures for maintenance and operations than their peers using modern corporate performance management solutions. In addition, functional limitations exacerbate this financial burden.
No wonder, since deployment periods of ten to 15 years are not the exception, but the rule. Nevertheless, at some point, even the best solution that is firmly rooted in an organization reaches the point where it is inevitable that it will have to be replaced. There are many reasons for this. There are control solutions that no longer meet the requirements of a group structure that has changed and grown over the years.
Others have functional deficits in areas such as regulatory requirements and access security - issues that have a completely different regulatory significance for many companies today than they did 15 years ago.
And finally, due to the long usage cycles of corporate performance management solutions, it is not uncommon for a system to simply have to be replaced because it is no longer technically, functionally or financially viable to continue operating it.
From legacy to modernity
In this white paper, we look at various aspects of planning and introducing a new group management solution. The focus is on:
- Empirical values,
- Insights and
- Best practices from numerous customer projects.
It deals with basic requirements as well as the options and advantages of modern data models, for example when using the CCH® Tagetik Intelligent Platform. And discusses typical challenges.
Download our white paper now and get valuable information!
