Legacy Claims Administrative Systems
Legacy claims administrative systems play a crucial role in the efficient functioning of any organization. However, many companies struggle with outdated legacy systems that are no longer able to keep up with the demands of modern business operations. This is where Solix comes in. Solix offers innovative solutions that can help businesses streamline their claims administrative processes, saving them both time and money in the long run. Let’s take a look at how Solix can revolutionize the way companies handle their legacy claims administrative systems.
Cost savings from legacy application decommissioning can be as easy as walking through the data center and picking up one-hundred-dollar bills. A study by the Compliance, Governance, and Oversight Council showed that the average annual cost savings for decommissioning inactive applications were $40,000, with larger enterprise-class applications potentially saving over $120,000 annually. By leveraging Solix’s expertise in application retirement and decommissioning, organizations can significantly reduce infrastructure costs associated with maintaining outdated legacy applications.
- Retire and decommission legacy applications at a low, fixed monthly cost
- Supports structured, unstructured, and semi-structured data
- Meet compliance goals with policy-based data retention, legal hold, and role-based access
- Application-specific accelerators for various platforms
- End-user access to legacy data via full-text search, forms, reports, and ad-hoc query
SolixCloud application retirement and decommissioning offers a range of benefits, including the ability to retire and decommission legacy applications at a low, fixed monthly cost. This solution supports structured, unstructured, and semi-structured data, ensuring that companies can meet their compliance goals with ease. Solix’s application-specific accelerators and connectors make it simple to transition away from complex, on-premises legacy application management to modern, SaaS-based alternatives.
In addition to application retirement, Solix also offers enterprise archiving services, providing organizations with a fully managed, cloud-scale compliant archive repository for less-active enterprise data and the retirement of legacy applications. This centralized data governance and administration solution helps improve application performance, optimize infrastructure, and meet compliance objectives seamlessly.
The key to successful data management lies in Information Lifecycle Management (ILM), a best practice for managing data throughout its lifecycle. Solix’s ILM solutions enable organizations to optimize their infrastructure, reduce costs, and establish governance frameworks for enterprise data. By classifying data at creation and moving it across infrastructure tiers based on business rules and retention policies, companies can ensure that only current, active data is consuming valuable resources.
Solix’s metadata management framework allows businesses to explore all enterprise metadata and lineage from a centralized repository, establishing consistent descriptions and business contexts for their data. This comprehensive reporting tool ensures that companies have a clear understanding of their data landscape, enabling them to make informed decisions about their legacy claims administrative systems.
With Solix by your side, the process of managing legacy claims administrative systems becomes a breeze. Whether you’re looking to decommission outdated applications, improve compliance, or optimize data governance, Solix has the expertise and solutions to help you achieve your goals. So why wait? Reach out to Solix today and see how they can transform your legacy claims administrative systems for the better.
Solix works with companies of all sizes, from Unilever and AIG to Citi and GE, offering a cost-effective and efficient solution for legacy claims administrative systems. Don’t miss the opportunity to revolutionize your data management processes and drive your business towards success. Contact Solix today to learn more about how they can help you save time and money on legacy claims administrative systems.