According to Damco’s insurance technology experts, some key signs indicate the system needs an overhaul.
Business application management has taken a dip and maintenance costs are overshooting the budget.
Updates or adding new functionalities in applications are taking longer than ever, resulting in prolonged time-to-market.
Employees with extensive technical skills are facing a steep learning curve when it comes to the business logic of the application
Introduction of the smallest change or update impacts the entire system, resulting in downtime and severely impacted time-to-market.
A single bug, typing error, or small mistake in the codebase is sufficient to derail the entire system.