A legacy system can be like an albatross from an IT perspective, but there still need to be solid business reasons to justify its replacement. IT is responsible for presenting the risks of a system replacement to business leaders in a language they understand, before there is a crisis.
This tool enables you to compare the risks, benefits, and costs of moving to a new system versus continuing to maintain an existing system. Specifically, this tool includes:
- Decision Tree: A high-level view of the decision making process.
- Risks and Benefits: A questionnaire for assessing risks and benefits.
- TCO Calculator: Calculates and compares the TCO of a new system vs. the existing system.
- TCO Results: Presents the TCO results in a chart format.
- Summary: Provides recommendations and a summary of the results.
Use this tool when considering the replacement of an existing system with a new system, whether it’s an enterprise system such as ERP or CRM, or a smaller scale software solution.