When new versions of software are released, older versions are maintained for a period of time. But after that time is over, it has reached End of Life. At that point, no more feature or security patches are released, which leaves the outdated software vulnerable to threats. Magento 1 will reach EOL in June of 2020, which means if you want to extend the life of your store as you decide what's next, you'll need to take action to ensure you stay secure.
The Magento 1 EOL event affects any merchant or agency that runs websites on Magento 1. While many are preparing to migrate to Magento 2 or other platforms, some will simply not be ready before Magento 1 reaches EOL to take strategic action. Safe Harbor enables businesses like yours to keep your sites on Magento 1 after EOL by providing security and technology updates for an extended period of time. So, whether you're still weighing your options, or already have plans to migrate, Safe Harbor can offer the flexibility you need until you're ready to move off of Magento 1.
A migration from Magento 1 to Magento 2 can cost anywhere from $50,000 to $100,000. Considering the impact of these costs on merchants, it's easy to understand why many have been hesitant to make their next move. Safe Harbor provides a cost-effective way for merchants to remain on Magento 1 while you evaluate options. Safe Harbor is estimated to add 35% to your current total hosting cost.
Safe Harbor will launch in February of 2020.
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