Data Migration Services AG: Thomas Failer presses ahead with internationalisation
The founder and Chairman of the Board of Directors of Switzerland-domiciled DMS AG resigns his offices with the partner company T-Systems Data Migration Consulting AG
Kreuzlingen, 28 February 2018 – Investments in digitalisation on the one hand and budgetary constraints on the other make expenditure cuts for the operation of legacy systems a top priority. Accordingly, the demand for JiVS, the platform for system-independent data management and compliance as well as the decommissioning of legacy applications, is growing rapidly. Data Migration Services AG (DMS) with its domicile in Kreuzlingen is the manufacturer of JiVS. Thomas Failer, one of the founders of the company and Chairman of the Board of Directors is now returning to the Executive Board and dedicating himself to the development of international corporate structures to support and promote growth. As a consequence, he is resigning from his functions with DMS’ partner T-Systems Data Migration Consulting (DMC) AG and leaving the Swiss subsidiary of T-Systems as per the end of March 2018.
Most recently, Thomas Failer was one of the Managers and Members of the Board of Directors of T-System DMC AG and responsible for the system integration business of the consultancy firm. Furthermore, he was a Member of the Executive Board of the parent company T-Systems in this function. He will resign from these offices as per the end of March 2018.
JiVS: The platform for economic efficiency
Digitalisation has turned IT from a supporter of corporate added value into an important component, in many cases even the most important one. This will require massive investments by companies in the coming years in new software generations and completely new solutions. At the same time the IT budgets cannot grow as required. For this reason, companies will be forced to regroup their expenditures, away from maintenance and operation over to investments in innovations. Whereas the ratio of operating expenses to investments usually equals 80 to 20, it should now move toward 60 to 40, in order to ensure a successful digital transformation.
Suitable means to achieve this target are the decommissioning of legacy systems and the system-independent and legal-certainty management of data and their business logic. The JiVS solution was developed specifically for this purpose. The Java-based platform is characterised by the fact that data from decommissioned systems is retained in its business context. «This is what we call historicisation, in contrast to pure archiving. Thanks to historicisation, specialist users have the possibility to trace the creation of data and their further processing along the value creation», emphasises Thomas Failer.
… and legal security
JiVS leverages its advantages for companies also in terms of legal security, in particular vis-à-vis the European General Data Protection Regulation (EU-GDPR). Apart from preventing unauthorised access, the regulation also provides for the deletion of data. And this is specifically what the JiVS Retention Management allows, by helping to delete information on the level of individual data sets. Moreover, data can be hidden in a targeted way and based on specific rules on a field level, so that unauthorised persons do not have access to them. This is not only important within the framework of the EU-GDPR, but also during audits by in-house or external auditors.
Furthermore, the archive and live data, but also documents with retention periods, can be verified by means of a comprehensive retention management and deleted irrecoverably and automatically following the legal retention periods. Moreover, this automatic deletion can be put on hold for exceptional cases such as ongoing lawsuits on the level of individual data sets or documents („Legal Hold“).