Search
 

Is Your Vendor Agile?

It is generally agreed the risk of failure associated with core system legacy replacement has lessened in recent years.

By George Grieve | Updated on July 31, 2009

It is generally agreed the risk of failure associated with core system legacy replacement has lessened in recent years. While measuring the frequency and severity of failures remains hard for several reasons, it is widely agreed these numbers are trending in a more positive direction.

Likewise, despite the lack of hard numbers to support the optimistic view, there are good reasons to believe the trend is real. As we have discussed in past articles, the newer vendors in our space are good software developers that write high-quality, configurable software, and in response to these newer and better vendors, the legacy vendors have improved their game considerably. Better software is a significant factor in fewer failures. But so is project delivery. One of the defining marks of the newer breed of vendor is its approach to building and delivering software. The “new kids on the block,” as we characterized them in an article last year, are adherents of the “agile” methodology of development and delivery, and as we will see, this also greatly enhances the likelihood of project success.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.