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No. Software at that scale is humungously expensive. I worked on quoting an insurance policy core (just the core mind you, not the extras), and for a medium-si
by GFischer 10y ago
No. Software at that scale is humungously expensive.
I worked on quoting an insurance policy core (just the core mind you, not the extras), and for a medium-sized insurance company it would reach that amount of money.
I suspect a complete rewrite would go into the billions.
- jimktrains2 10y agoJust curious, where did all that money go? How many people for how long?
- GFischer 10y agoThe company I worked for ended up not doing it (and regretting it). It ends up not being that many people, but extremely high paid consultants (200 to 400 dollars an hour), and extremely high licensing costs. Some projects can go on for years, should be 1 to 2 years. It's extremely profitable and very well paid, one such company, Guidewire, is one of the top 10 best paying employers in the U.S. http://www.cio.com/article/3064769/careers-staffing/10-best-paying-companies-in-tech.html http://www.cio.com/article/3064769/careers-staffing/10-best-...