Companies don’t need to “rip and replace” large portions of their IT investments in order to gain the set of features they want. By taking a multi-phased approach to incrementally roll in functionality, organizations can benefit from quicker ROI without the costs and risks associated with “big bang projects”. This multi-step approach is a win-win for business and IT; business can reap the benefits of go-to-market features sooner and IT will be able to adapt to changes more quickly. Here is our recommended three step approach to revitalizing your IT architecture:
- Leverage What You Can: Revitalization efforts have to be carried out with a focus on leveraging your existing architecture. Wrapping your existing assets in web services keeps some of the older technologies in play.
- Implement As Needed: Keep it simple and only add functionality that’s really needed. By purchasing pre-built components that augment your existing systems, you can add the functionality you want with minimum configuration and customization.
- Rapidly Build New Functionality: Once you’ve decided on the new functionality that you would like to add to your system, we recommend that you rapidly develop these applications using software development automation frameworks such as FAST 8x. By rapidly building SOA-compliant components, you can leverage modern technologies and get the benefits of development efficiency.
Once you have implemented all three steps, you are on your way to fulfilling immediate business needs while achieving long term architectural goals for the future.
Tags: business and IT, business systems, core systems, enterprise architecture, insurance, insurance systems, insurance technology, IT architecture, IT investment, legacy system replacement, legacy systems, life insurance, modernization, Policy Administration, revitalization, service oriented architecture, SOA, software development