This document describes a technology modernization strategy developed by TIBCO Software that works particularly well for the insurance industry. The strategy is called "Process Driven Modernization" or "PDM". PDM is a new methodology designed to unify two discrete areas – business process management (BPM) and Application Modernization. PDM relies on the strengths of BPM to define and manage business processes related to modernization, and also leverages some approaches and ideas from traditional Application Modernization – such as harvesting legacy IT assets and utilizing an iterative and incremental approach.
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