Glossary

Product Sustenance

A
Agile Development AIOps Analytics Platform API Integration API Management Application Modernization Artificial Intelligence Augmented Reality
B
Banking as a Platform Banking as a Service Big Data Business Analytics
C
Claim Automation Claims Management Clinical Research Clinical Software Cloud Advisory Cloud Deployment Cloud Infrastructure Cloud Migration Cloud Native Development Cloud Security Cloud Strategy Cloud-native Security Core Banking Corporate Banking Customer Data Platform (CDP) Customer Experience Customer Experience Journey Customer Experience Strategy Customer Intelligence CX Strategy Cyber Resilience Cybersecurity
D
Data Analytics Data Center Modernization Data Integration Data Lake Data Security Data Transformation Denial Management DevSecOps Digital Banking Digital Commerce Digital Engineering Digital Experience Platform Digital Front Door Digital Health Platform Digital Insurance Digital Lab Digital Mosaic Digital Payments Digital Platform Digital Transformation Digital Wealth Management
E
Edge Computing Enterprise Integration Enterprise Security Experience Transformation
H
Healthcare Payor Healthcare Technology
I
Identity Access Management Intelligent Automation
L
Legacy Application Modernization Life Sciences Technology Loan Origination
M
Machine Learning Medical Devices Microservices Mobile Edge Cloud Monetizing 5G
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Network API Network Assurance Network Performance Network Transformation No-code/ Low code Application Development
P
Process Mining and Process Excellence Product Engineering Product Sustenance Public Cloud
R
Ransomware Retail Banking
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Software Application Development Software Development Software Engineering Software Modernization Software Product Development Software Product Modernization

What is Product Sustenance?

Mature products can burden the bottom line, drain expensive resources, and become an unnecessary distraction from innovation initiatives for engineering teams. Product sustenance addresses legacy technology hurdles to revitalize and lengthen the use of the products.

Product sustenance is essential for the retention of customers, the market, and especially products. It drives innovation to enhance the characteristics of existing products and services in an organization. The marketplace in the digitally enhanced world is evolving at an exponential rate. It is crucial to mobilize technological innovation in an optimized way to introduce future-ready products to meet strategic goals and objectives. Product sustenance increases the lifespan of products along with improvising customer and product retention.

What are the business benefits of Product Sustenance?

  • It provides an advanced level of customer satisfaction while keeping the quality of products in place.

  • It helps in customer retention in an optimized way to improve growth in an organization.

  • It adds efficiency to the product cycle by keeping the process of making the lifecycle of the product short and effective.

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