Platform 3 Solutions: Migration, Archival, and Retirement Simplified

As we move deeper into the digital era of innovation, organizations are assimilating the advantage of the cloud to transform their businesses and offer services at a cheaper cost with greater operational efficiency. However, the inadequacy of technical expertise and application knowledge required to manage migrations and decommissioning projects from start to the end successfully makes cloud-driven initiatives and technology transformation initiatives cumbersome and expensive. More importantly, during mergers and acquisitions (M&A), firms fail to rationalize and evaluate technological infrastructures of the companies that they acquire, consequently, acquiring a significant amount of technology debt that is not fully understood. Examples are purchasing redundant applications and systems, a large amount of legacy (read-only) systems that have governance and compliance implications. Such instances result in increased overall operational cost and compliance risk. A recent report by DELL Technologies highlights some of these overheads incurred by companies worldwide. A typical large enterprise portfolio includes 2000 applications that cost $651,000,000 annually, and up to 20 percent of them are scheduled to be decommissioned.

Addressing these pain-points, Platform 3 Solutions—a specialist in application portfolio management—assists businesses in migrating, archiving, and decommissioning applications to reduce cost and simplify business. The company has built a wide range of process capabilities, tools, and methodologies to carry out application portfolio assessments and rationalize IT systems. Platform 3 has a proprietary Decommissioning Framework proven to enhance organizations’ day-to-day business operations. Platform 3 Solutions also helps firms to reduce operational cost and complexities by cleaning up legacy IT systems accumulated over the years or through M&A that are inefficiency, costly and pose governance risks. “We focus on assisting businesses in successfully reducing IT costs, maintaining adequate governance, and nurturing digital transformations,” states Patrick Benson, chief revenue officer of Platform 3 Solutions.

Platform 3 Solutions empowers companies to adopt various new technologies and enhance business operations. It analyzes software that are likely to be acquired or purchased and creates a comprehensive understanding of the applications and information sets that should be migrated, merged, archived, or purged.