black swan in product launches

Insurance & Technology: How Insurers Can Avoid “Black Swans” in Product Launches

Insurance & Technology, a US publication that “provides insurance business and technology executives with the targeted information and analysis they need to be more profitable, productive and competitive,” recently published a contributed article by Original Software CEO Colin Armitage.

“We’ve all seen it happen: An IT project plagued with delays, changes and complications goes so far off the rails that it becomes a liability,” wrote Colin, describing projects such as new product launches that exceed budget by more than 200%–sometimes as much as 400%. Industry pundits call these projects “Black Swans.”

“Disasters are avoidable, though,” Colin reassured readers.

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