Low Maintenance Costs
Industry analysts report that 85% of IT budgets are spent on maintaining legacy systems. One TenFold prospect identified a legacy system that costs $50 million annually to maintain because of its regulatory environment - the rules of its country-wide behavior change frequently by state legislation.
Most companies budget for annual maintenance, decide how many requested maintenance projects they can do within their budget, then delay the rest. So the true cost of maintenance is the budgeted expense, delays in waiting for maintenance to be done, and opportunity cost until maintenance is done and in production. We believe that the true cost of applications maintenance is many times the reported cost.
TenFold customers report that you can make even significant changes to a production TenFold-powered application in as little as a few hours. A happy TenFold customer executive said, "there is only one insurance executive in the world who can decide to change rates and have the change in production the next day and that is me!"
Changing a TenFold-powered application does not require traditional programming activities. It merely requires changing the applications description. Typically, TenFold customers do not have backlogs of requested changes.
Consider the implications. A handful of people maintain all your applications. Your maintenance budget drops by 90%. But, most importantly, there is no change-request backlog, no unhappy departments or business units, and no one blaming IT for being unresponsive.
