Legacy modernization strategies have changed significantly over the years ever since serious conversion efforts were taking hold over two decades ago. Organizations wrestled with plans and approaches and struggled with efforts many times scrapping projects altogether only to start the process all over again. As the years passed, software companies developed more products leading to more options and more approaches further complicating the decision processes.
Lately, we have witnessed software companies merging to align products and services with the intent of streamlining processes to help alleviate decision making and conversion nightmares. As a result, software products are much improved and more powerful and service organizations are more successful. However, the options with migration or conversion solutions essentially are the same:
Although these remain the foundation for transforms, we have moved into a new phase with a new name called modernization. But the one constant which still remains is that costs continue to be a major concern for CIOs.
Hybrid – May Be the Way
The reasons to modernize are numerous however the main drivers we now see are identified by most organizations as reductions in costs of ownership (TCO), concerns over dwindling resources, and the basic inflexibility of the existing legacy applications. The major dilemma facing companies today is how to meet the demands of enabling business growth, while supporting or modernizing the legacy environment, speeding up applications delivery and reducing costs.
This new reality is described by Gartner as a bi-modal approach where legacy application requirements are addressed alongside progressive demands of future technology opportunities such as cloud, mobility, data analytics, virtualization and the “internet of things”. Although comprehensive migrations and conversions may still be adopted, many companies are now re-thinking their modernization strategy. A popular thought today is how to best retain or extend the value of legacy applications in the most cost effective manner while priming your business to take advantage of the latest innovative technologies.
“Hybrid” approaches now taking root involve more than simply opting for any one particular transformation solution. Examples of hybrid solutions include:
Business Rules and Knowledge Transfer – Getting Past the Legacy Challenges
At the root of legacy modernization concerns is how to leverage the business rules trapped in the legacy systems and the application knowledge trapped in the IT resources’ heads. Legacy modernization is all about retaining the value of the legacy applications and reusing the intellectual property stowed away in those systems. Without having the experience, tools, and expertise required to extract those treasures, transformation, modernization, and sourcing become futile efforts.
With our methodology and processes, we tap into your applications world to: