Reading time - 3.9 min.

Benefits of Application Modernization

Reading time - 3.9 min.

Benefits of Application Modernization

Application modernization is becoming a more common priority in the development lifecycle, as organizations recognize the need to sustain their business efficiency by keeping abreast of changes in computing technologies and design patterns.

Application modernization is an approach to software development, encompasses the methods, tools, and best practices that help modernize older applications in a cost-effective and efficient manner.

Legacy modernization may also be known by other names such as modernization, refactoring, or modernizing.

Application modernization is a high-risk, high-reward practice that can allow organizations to reap significant benefits while simultaneously engineering their software development processes to address new opportunities.

If you are still on Legacy Systems, then these are the challenges you are facing:

  • Security risk
  • Not able to integrate with new technology
  • Unstable and Inefficiency
  • Lack of information
  • Very costly to manage
  • Incompatible to meet customers’ need
  • Lack of user-friendliness

Why you must modernize your legacy applications?

  • Save the cost of infrastructure up to 35% with modernization

  • Lower application maintenance and running costs up to 50%
  • Lower your expense on hardware, software, and staff up to 75%
  • Improvement in application operational efficiency
  • Boost the annual revenue to USD 1 billion on average for large organizations.

Let’s point out some of the potential benefits that applications modernization brings along:

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As much as you want to scale your business, your existing applications often don’t work well in the cloud. Most of today’s applications have been developed on older systems not built for the cloud. They are often limited with regard to their performance when running in the cloud, and many application owners don’t realize this until it is too late. Modernize your system today to ensure you are ready as you grow your business so that you can be proactive rather than reactive.

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Refactoring your existing legacy applications is an excellent way to maximize your return on investment by accessing new features, functions, and benefits. Refactoring allows you to avoid costly, time-consuming software development projects, as legacy applications are often not designed to access newer functionality. There are several ways you can refactor your software depending on its functionality.

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Maintaining older applications in the cloud is more work than it’s worth. Trying to run an old application in the cloud will cause your business a lot of problems. Forcing an older application to run in a cloud environment is like wearing shoes that are one size too small for you. They don’t fit properly and they bring you pain, so just why do companies spend a lot of money to force their old applications to run in the cloud? Don’t let this happen to your company. Modernize your applications before spending money on them.

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One of the consequences of hacking is that it can result in data breaches. Your customers might suffer from identity theft which could result in financial and other losses. While a capable cloud service provider can help you in providing better security, there will be instances when certain applications will need more protection than others. This is where modernized software comes in handy. Modernizing your applications with a built-in cyber safety tool ensures that the highest degree of security is guaranteed for your business.

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Modernizing applications not only offers cost-saving benefits but also creates a bigger pool of talent for acquiring new employees. While you may be worried about losing your existing team to the new generation of more nimble developers, this digital infrastructure shift can actually help you keep the top performers.

Also, there will come a time when your existing developers and IT team may want to move onto greener pastures in terms of personal skill development. No one wants to stay with a dying technology, especially those to whom technology serves as their livelihood.

With application modernization, your business can come out from the shadow of dated applications. As today’s business needs evolve, you need a certain level of agility that can enable you to quickly respond to market conditions. The process makes it possible for you to shut down old IT systems and push streamlined and updated ones instead.

If you are looking for some cost-effective solutions to help modernize your application, then take the first step towards the right direction by asking the experts.

We have been able to optimize their costs and improve their security. Our customer is very happy now there has been.

Visit Cloud-23.com today, to learn more about our Cloud Related Information.

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