December 31, 2012 – The main business benefit of a core systems replacement is increasing business agility, according to 58 percent of respondents to Celent’s “Tracking Progress in Core Systems Replacement, Global P&C Edition.”
Just 12 percent of respondents pursue such projects to reduce business costs, 11 percent to reduce IT costs, 9 percent had other reasons, 4 percent had no business case and 3 percent were pursuing such projects in efforts to increase revenue.
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