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Why application modernization is important?

Application-Modernization

Legacy applications have become a significant business problem. They carry a high cost of ownership, are difficult to modify to meet ongoing business demands, require a legacy skill set that fewer and fewer people possess, and do not adequately meet today’s compliance demands.

For these reasons, organizations are considering the move to new technologies and architectures. But while it is possible to develop applications from scratch that fully utilize new technologies, the approach is expensive and risky. The strategy that a growing number of organizations are embracing is to modernize their existing applications and infrastructure software.

To get the maximum strategic business benefit from modernization, it is important to base the modernized system on an architecture that is built on open standards and deployed on open systems. IT modernization based on an open architecture offers the benefits of reduced total cost of ownership, increased agility, reduced reliance on legacy skill sets, and improved compliance.