Resource Centre

DELIVERING ENORMOUS COST SAVINGS WITH DATA AUTOMATION

Decommissioning legacy technology and removing the need for legions of ‘Human APIs’ creates enormous cost-savings.

By removing on-premise legacy technology, you’re saving on software, licences, hardware and maintenance. This all adds up to $millions in savings every year – Duco clients are already achieving this.

Decommissioning on-premise legacy technology

By deploying a data automation platform on the cloud, you make it possible to save on the cost of having on-premise solutions, including:

  • Hardware
  • IT headcount
  • Tech support
  • Development time

Those cover the day-to-day costs of on-premise technology, but there are other significant expenses to consider. For instance, licences for these systems usually include mandatory six or twelve-monthly upgrades, because that’s the only way on-premise vendors can deliver innovation, performance improvements and bug fixes to their customers.

These upgrades are expensive and incur other costs as well, because you then have to regression test the upgrade to ensure that it hasn’t broken any existing processes. Often you’re not getting new features, so you’re just paying out to ensure the system you had still does what it was doing in the first place.

Operations headcount

Data automation removes the need for repetitive manual work around data. Many firms have tens of thousands of Operations workers doing this. While reducing headcount is one quick cost-saving measure, many firms are instead looking at how to unlock greater value from these teams.

OTHER BUSINESS BENEFITS OF DATA AUTOMATION

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Operational efficiency

A data automation platform solves the core issue slowing operations functions down: a lack of trust in data. It does this by bringing all mission-critical data together in one place so you can standardise and consolidate processes across the business.

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Governance, control and compliance

Standardising your processes, consolidating systems and removing all the manual work around data unlocks transparency across the front-to-back lifecycle of your data.

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Business agility

Putting control over data processes into the hands of business users greatly accelerates your time-to-value. It makes you a more responsive, agile business.