An information processing system that is capable of accurately predicting a lifetime of a semiconductor device that carries out communications related to reading and writing of data from and to a storage device. The information processing system has an image forming apparatus having a nonvolatile memory and a first controller that controls reading and writing of data from and to the nonvolatile memory. The information processing system also has a server that monitors a lifetime of the first controller. The server has a receiving I/F that receives information indicating a communication data size of reading and writing of data from and to the nonvolatile memory, and a second controller that predicts the lifetime of the first controller based on the received information indicating the communication data size.