Here are some numbers from the PMI Group’s 1996 cost-benefit study that started it on its path to legacy migration
Benefits
Avoiding service-related revenue reduction | $27.8 million |
Winning back lost business allocations | $9.1 million |
Gain in market share | $20.4 million |
Total gross benefits | $57.3 million |
Expenses
Duplicate processing expenses | $14 million |
Estimated cost of project | $20 million |
Total Cost | $34 million |
Net benefit to company | $23.3 million |
Source: PMI Group CIO Dan Roberts |