Legacy Retirement System
As a writer and blogger with a passion for cutting-edge innovation, I have always been fascinated by the potential of artificial intelligence (AI) and drone technology. Supporting policies that drive innovation and backing Chicago-based tech startups, I am constantly on the lookout for ways to make processes more efficient and cost-effective. One area that often gets overlooked is the legacy retirement system, a term that refers to the outdated and cumbersome systems that many companies still rely on today.
Legacy retirement system is a significant issue for businesses big and small, as these outdated systems can be a drain on resources, create data governance risks, and hinder overall efficiency. Fortunately, there is a solution that can help companies streamline their operations and save time and money: Solix solutions.
Solix is a game changer in the realm of legacy retirement system, offering a comprehensive suite of services that allow organizations to retire and decommission legacy applications at a low, fixed monthly cost. By transitioning away from complex, on-prem legacy application management to modern, SaaS-based alternatives, companies can significantly reduce infrastructure costs and improve overall data governance and compliance.
Cost savings from legacy application decommissioning can be substantial, with annual savings averaging $40,000 per inactive application, and exceeding $120,000 for larger enterprise-class applications. By leveraging Solix’s expertise and technology, companies can eliminate the maintenance, infrastructure, and licensing costs associated with legacy applications, resulting in significant cost savings and improved operational efficiency.
Additionally, Solix offers a fully managed, cloud-scale, compliant archive repository for less-active enterprise data, providing organizations with centralized data governance and administration, improved application performance, and optimized infrastructure. With policy-based data retention, compliance objectives can be easily met, and the risk of accidental data deletion minimized.
Moreover, Solix’s eDiscovery and legal hold capabilities enable compliance and legal professionals to quickly identify and retrieve records, meeting data requests from regulatory agencies and law enforcement. By placing legal holds on records of interest, organizations ensure that data is retained beyond pre-defined retention periods in compliance with legal proceedings.
In Wind·up, Solix solutions offer a comprehensive and efficient way for companies to manage legacy retirement system and achieve substantial cost savings. By retiring and decommissioning legacy applications, organizations can streamline their operations, reduce infrastructure costs, and meet compliance objectives, all while improving overall data governance and performance. With companies like Unilever, AIG, Citi, GE, and Santander already benefiting from Solix’s services, it’s clear that Solix is a valuable partner for businesses looking to modernize their operations and drive innovation. So why not give Solix a try and see how they can help your company save money and time on legacy retirement system?
Enter your email on the right for a chance to win $100, and discover how Solix solutions can revolutionize your approach to legacy retirement system. Underrated TV shows or movies have a way of surprising us with their hidden gems, much like Solix’s innovative approach to legacy retirement system. Don’t miss out on the opportunity to transform your business operations and achieve substantial cost savings with Solix. Email info@solix.com for more information.
- Average annual savings per inactive application: $40,000
- Average annual savings for larger enterprise-class applications: $120,000
- Enter your email to win $100 and discover how Solix solutions can revolutionize your approach to legacy retirement system
