Top 5 Reasons to Use Code Analysis Tools with Automation to Establish Vendor Management Metrics

As IT organizations face increasing demands from business, their IT systems have become increasingly complex. Today’s applications are typically a heterogeneous web of systems and software from an array of vendors and custom development.
Managing those vendors and dealing with those complexities has not escaped business and IT leaders. Nearly 50% of global business continuity decision-makers and influencers have called “increased reliance on technology” the number one risk to their organizations. Another 37% said the “business complexity of the organization” is their top risk. Much of this risk can be attributed to vendor management.
So, how can IT leaders address the dual challenges of managing the complexity of their IT environment, while also optimizing IT budgets and reducing IT borne risks to the business?

Executive Dinner Series: Managing Software Risk within the Insurance Industry

It is becoming more and more obvious that the software risks and complexity that face today’s legacy systems is a growing problem for many IT organizations. Are these legacy applications “Ever going to be replaced or retired?  Are they “Too Big to Fail”? Added concern around many of these applications involves their size and architectural interconnectivity whereby their failure would prove disastrous to the entire business. There are few industries where this is more evident than the insurance industry.  At our recent  IT Executive Dinner with stakeholders from the Insurance industry, conversations were centered around application modernization, legacy application rationalization, and the funding mechanisms Insurance IT organizations use to improve their application assets.