A cross-functional assessment process to Identify, Analyze, Categorize and Prioritize key values to measure true technology debt.
Platform 3 Solutions is a global leader in end-to-end legacy application solutions. We offer a full suite of products, services, and support to ensure a seamless transition from legacy technology to new and innovative platforms.
We deliver significant savings to free up resources, allowing for investment in innovation and growth for the business as a whole. Our proprietary process assesses the true technology debt and delivers an ROI by removing expensive and complicated end-of-life technologies, simplifying business operations, and mitigating their risk profile.
We manage legal and compliance risk by classifying your data to intelligently migrate only what is valuable, archive what is needed for retention, and defensibly delete what is not needed.
What is Tech Debt and Why is it Important?
Technology debt is defined by Platform 3 as the current monetary and opportunity cost tied to existing technology that puts the business at risk or contributes to the operational complexities associated with outdated applications, subscriptions, maintenance, processes, and human capital required to sustain and maintain them.
Platform 3 assesses this debt and demonstrates the ROI and cost savings it delivers through a proprietary process. Platform 3 minimizes the technology debt and delivers the ROI businesses need to invest in the new technology.
Platform 3 Technology Debt Score™ and
Platform 3 ROI Assessment™
We use the Platform 3 Technology Debt Score™, a proprietary tool that monetizes all aspects of the debt and provide a “transformation investment” with a defendable ROI to fund innovation. This helps clients understand the risk vs. benefit and cost vs. savings of moving forward or doing nothing.
Platform 3 Roadmap to Action™
Archive or Retain data/information for compliance and governance
Migrate (data/information) to new platform or application
Remove (retire, decommission, and deconstruct) technology applications and infrastructure to close the technology lifecycle loop
Defensively Delete data/information that no longer has business value or poses potential risk
Watch How Tech Debt is Minimized with Patient3Sixty
Decommission legacy Clinical and Back-office applications
Deliver significant ROI back to the organizations
Become a self-funding entity
“Every day an application or its resources exists beyond its useful life is a wasted dollar”
VP IT Infrastructure-Major Healthcare Provider
A provider retired over 33 applications and saved approximately $9 million in operational costs.
Using Patient3Sixty one provider needed 50% less ROI staff.
Clinicians that have access to legacy clinical data within their EMR spend more time on patient care with Patient3Sixty.
FHIR interoperability provides secure data exchange.
The evolution of the organization through acquisition and drive to transform their business requires a repeatable ‘decommissioning refinery’. AS/400s, legacy RDBMS systems—the systems get into the 100s. But the need to maintain the data and applicable chain-of-custody is just as paramount in their journey to clean up ‘zombie systems’.
In working with Platform 3 Solutions, Medtronic has implemented their own internal ‘Application Decommissioning’ team that works with internal stake holders to properly evaluate the technical and retention needs of all global technologies.
After a merger and acquisition, a large life sciences company needed to drastically cut cost and transform their business to recognize promised operational and cost synergies in the new company. Complicating this were several redundant PeopleSoft systems in need of archival.
Platform 3 Solutions’ product allowed the business to fast track data analysis, data extraction, and data normalization to quickly and efficiently archive PeopleSoft systems.