What are the costs associated with modernizing legacy systems?
The costs can vary widely, but they typically include software upgrades, hardware purchases, and training.
Can you break down those costs further?
Sure! Software upgrades might cost between $10,000 to $500,000, while hardware can range from $5,000 to $200,000.
What about ongoing maintenance costs?
Ongoing maintenance can be around 15-20% of the initial investment annually, depending on the complexity of the systems.
Are there any hidden costs I should be aware of?
Yes, hidden costs can include downtime during the transition, potential data migration issues, and user resistance.
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