The difference Between ‘Extended Support’ and ‘End of Life’? ↓
‘Extended support’ and ‘end of life’ are critical milestones in the software lifecycle but there is a difference between the two of them…
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…and 200 members of staff.
Extended Support: This is when the software stops receiving updates and support from the provider. Users can still use the software, but it becomes riskier over time due to potential security vulnerabilities and lack of technical assistance.
End of Life: This is the point at which the software is no longer available for purchase or download. It signifies that the software is obsolete and users are strongly encouraged to transition to a newer version or an alternative product to avoid significant risks associated with outdated software.
As of right now (July 2024) Exchequer is in extended support, so this is a key time to be considering your options. When it becomes end of life, that’s when you can kickstart your planning and really should be moving away from the system from a security and functionality perspective.