Managing the lifecycle of IT infrastructure components has likely never been more important. Deciding when to retire or extend the life of hardware such as servers, mainframes, network equipment and other large systems can have a huge impact on costs, energy consumption and how effectively IT delivers services to insurance firms and their customers.
"There are many factors that influence a carrier's decision to replace, refresh or upgrade hardware," says Martina Conlon, principal in the insurance practice at Novarica, a New York-based consulting firm serving the insurance and financial services industries.
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