According to a 2014 Gartner survey, only 42% of legacymodernization initiatives at life and P&C insurers meet theoriginal budget, and 82% take longer than expected. Is there a wayof improving this dismal batting average?
Absolutely! Years of experience suggest there are five keyprinciples that can dramatically increase your chances of on-time,on-budget legacy IT upgrades.
1. Secure boardroom buy-in
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