Amortisation Costs
This Year Save All Time And Preoccupation
Amortisation Costs and much more...
Amortisation costs
Operating outdated software or underperforming software or software that doesn’t upgrade comes with problems for your bottom line. So, ask yourself what your amortisation costs this year would be if you switched to better software.
Our outline today uses an analogy from shipping.
When the market falls
In shipping, one of the ideal times is the period after the market falls. When new ship buying opportunities arise at very low prices. We, of course, speak of low prices in hindsight because low is relevant to how soon the market recovers.
The opposite and absolute Sale & Purchase nightmare is when buying a much older ship that is making huge profits and then the market falls. Accordingly, the ship’s value plummets, capital cost is huge and sometimes higher than a new ship bought a few months later. For the owner of the ship this is a nightmare!
The case for software
The case for software is analogous. Fortunately, software prices do not fluctuate so the capital cost is less of a problem. Let’s see where the problems, however, exist. Does your system lack transparency? If it is developed through the years with multiple lines of code, then, more than likely, it doesn’t upgrade.
Moreover, your need your developers to spend inordinate focus and time operating obscure code and out-dated technology. The efforts and thought spent could make them PHD candidates! At a disadvantage, however, because the object of study is not PHD material…
Future-proof technology
Future-proof technology in shipping is about how quickly you can improve your data model while maintaining one line of code. Can you make data model improvements in a week or a month? Or do you need a year or several years? Or is it, that you can’t change the data model? So, if you care about your software continuously improving and about usability then you need to think “future-proof”.
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Staff preoccupation in shipping and in software
We return to our analogy comparing out-dated software with an old ship.
Let’s compare staff preoccupation in shipping and in software.
Staff preoccupation running an old ship can be intense and unrewarding. For example, understanding antiquated control systems, worse still, control systems that have been tampered with. Buying spares for these systems. Or operating worn piping systems while needing to pass inspections when fluids can’t stay separated etc.
To an outsider this may seem excessive agony, but an old ship must operate. And all efforts are made to make it work. There is no other option.
Actually, the same is true in software. Essentially, the problem lies with operating software that was never that good in the first place. Again, there’s a need for that PHD mentioned earlier; this time to decipher an obscure design and figure-out the behaviour of the not so good software.
Worse still is the preoccupation of users. Very similar to operating an old ship, mariners become preoccupied with the workings of software and struggle to get even the most basic operation to succeed.
Good news
The good news is that no-one needs to continue living with not so good software (NSGSW). Because there is no huge mortgage to pay as there is in owning a ship. So, the decision is a minor money decision.
The chief concern
So, what should the chief concern be? We are convinced that it should be time and preoccupation costs. No doubt, the effort/cost operating an existing, dated system is greater than with future-proof software.
So do take us up with benchmark comparisons. And this year save all your time and preoccupation amortisation costs and more, with Ulysses Systems Task Assistant®
