Loomian Legacy Pity System
With the increasing complexity of today’s digital landscape, organizations are constantly faced with the challenge of managing legacy applications and systems. These outdated technologies not only consume valuable resources but also pose significant data governance and compliance risks. This is where Solix comes in to offer a game-changing solution for businesses of all sizes.
Loomian Legacy Pity System: A Cost-Saving Solution
Imagine for a second your in a scenario where your organization is burdened with outdated legacy applications that are draining your budget and hindering your operational efficiency. The cost of maintaining and managing these legacy systems adds up over time, leading to significant financial strain. This is where Solix’s innovative approach to application retirement and decommissioning can make a real difference.
Cost savings from legacy application decommissioning can be as simple as walking through your data center and picking up one-hundred-dollar bills. A study conducted by the Compliance, Governance, and Oversight Council revealed that organizations can save an average of $40,000 annually by decommissioning inactive applications. For larger enterprise-class applications, the annual savings could exceed $120,000.
Reducing Infrastructure Costs with Application Decommissioning
Solix’s SolixCloud application retirement and decommissioning service allows organizations to rationalize their application portfolio and reduce infrastructure costs. By retiring and decommissioning legacy applications at a low, fixed monthly cost, businesses can eliminate the maintenance, infrastructure, and licensing expenses associated with outdated systems. This not only streamlines operations but also ensures compliance with data retention policies and legal requirements.
- Retire and decommission legacy applications at a low, fixed monthly cost
- Support for structured, unstructured, and semi-structured data
- Meet compliance goals with policy-based data retention and role-based access
- Application-specific accelerators for various platforms and data management systems
- End-user access to legacy data through full-text search, reports, and ad-hoc queries
Achieving Compliance Objectives with SolixCloud Enterprise Archiving
Solix’s enterprise archiving solution provides a fully managed, cloud-scale archive repository for less-active enterprise data, including structured, semi-structured, and unstructured data. By centralizing data governance and administration, organizations can improve application performance, optimize infrastructure, and reduce costs. Moreover, with advanced information lifecycle management (ILM) capabilities, businesses can meet compliance objectives with policy-based data retention and automatic or manual purging.
E-Discovery & Legal Hold
For compliance and legal professionals, Solix offers robust e-discovery and legal hold capabilities, enabling quick identification and retrieval of records to meet data requests from regulatory agencies and law enforcement. With support for multiple cases, text search, and structured reporting, organizations can ensure seamless compliance with legal proceedings.
Print Report Archiving
The Solix Virtual Printer feature allows users to print legacy application reports and ingest them into SolixCloud enterprise archiving. These reports are denormalized, indexed, and tagged for easy retrieval through Solix search, providing comprehensive text search, structured reports, and ad-hoc queries.
End-to-End Metadata Management
Solix metadata management offers an end-to-end framework to explore enterprise metadata and lineage from a centralized repository and business glossary. By understanding the data lifecycle, establishing consistent descriptions, and providing comprehensive reporting for structured data, organizations can enhance data governance and compliance.
With Solix’s innovative solutions for application retirement, decommissioning, and enterprise archiving, organizations can significantly reduce costs, streamline operations, and ensure compliance with regulatory requirements. So, why let legacy applications drain your resources when Solix can help you retire them efficiently and cost-effectively?
We work with companies like Unilever, AIG, Citi, GE, and Santander to deliver massive cost-saving solutions for businesses of all sizes. Let Solix be your game changer in overcoming the challenges of legacy systems and achieving operational excellence. Learn more about the Loomian Legacy Pity System and discover the power of Solix solutions. Email info@solix.com for more information on how Solix can help your organization save time and money on managing legacy applications and systems efficiently.
Katie Tech Sled blogger, Cyber Governance, and Risk Management expert, shares insights on how Solix can revolutionize your approach to application retirement and decommissioning. Discover the power of Solix solutions and transform your business operations today. Get in touch with Solix and start your journey towards cost-saving and compliance.
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