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Application Modernization: Does Your Enterprise Need It?

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    Articles

    Studies have shown that businesses spend over 70% of their budget on legacy applications and servers. This financial burden hinders the organizations from seizing new opportunities. Modernizing legacy applications is a pathway to maintain legacy applications while utilizing modern technologies.

    Over 90% of businesses have embraced legacy modernization for better agility and efficiency. This blog will explore the step-by-step procedure for application migration.

    Understanding What is Application Modernization?

    Application migration is the procedure of transforming monolithic software applications with modern technologies that will enhance the business’s efficiency, scalability, flexibility, and performance. Depending on the state of the existing applications, this process may either be a complete or partial overhaul of updates. This strategic move will align with the current evolving marketing dynamics and help the business adapt to the latest trends.

    In the current digital ecosystem, application modernization often involves leveraging microservices architecture and transitioning legacy systems to modern infrastructure, such as a cloud platform. This procedure can also be referred to as legacy system modernization, which improves the business’s agility, performance, scalability, and security architecture.

    By modernizing applications, businesses can leverage modern technologies and improve the customer experience, brand value, and productivity, thus increasing the ROI.

    What are the Key Benefits of Application Modernization?

    According to a survey, over 90% think app modernization is a huge step towards business growth. Here are some significant benefits of application migration:

    Improved Efficiency

    Legacy application modernization reduces manual efforts and makes applications more streamlined and automated. This enhances system performance and overall operational efficiency.

    Elevated Scalability

    Application migration enables seamless scaling of applications to manage business requirements and fluctuations according to the increasing demands.

    Minimized Operational Expenses

    With different application migration strategies, businesses can leverage modern technologies seamlessly. Application migration to a modern platform also cuts down on extra maintenance and operational costs.

    Enhanced Agility

    Legacy application modernization enables the streamlining of agile development practices, which enables seamless deployment of any newly added feature or adjustments made.

    Improved Customer Experience

    By improving performance, accessibility, flexibility, and usability, the customer experience will drastically improve, enhancing the brand reputation.

    Robust Security

    Modern applications are already incorporated with advanced security measures that ensure data protection and follow regulatory standards.

    Increase in Revenue

    By leveraging new services and enhancing performance, businesses see productivity growth, which increases revenue.

    What is the Need for Application Modernization? Does Enterprise Need It?

    While application modernization has several benefits, here are some reasons why your applications require modernization:

    Increasing Expenses

    There are several factors and metrics that help determine whether businesses require application modernization or not. One of the most crucial metrics is the astronomical cost of maintaining outdated legacy applications. If the aging workstations are burning most of the IT budget, they are outdated and inefficient. High maintenance costs not only drain the budget but also divert the resources that can be utilized for business growth and innovation.

    Inefficient Performance

    Another important factor is the system performance and downtime challenges. Frequent disruptions, which result in poor performance and increased troubleshooting time, indicate that applications are becoming outdated. They are not only disrupting operations but also impacting overall efficiency and productivity. It’s a clear sign that the business is in dire need of legacy application migration.

    User Experience

    User experience also contributes to the decision to migrate applications. If the applications are not user-friendly and fail to provide a seamless experience to both customers and users, then dissatisfaction can result. It will lead to poor performance and ultimately impact the organization’s productivity. Therefore, it can be said that the user interface also impacts business growth and brand reputation.

    Scalability

    With technologies evolving rapidly, if your applications cannot adapt or are not scalable, then it is a sign of application modernization. Applications must be flexible and integrate seamlessly with modern technologies to meet the growing market requirements.

    Understanding the Importance of Application Modernization

    According to a recent survey report, enterprises who have opted for application migration can expect a boost in revenue of up to 14% while seeing a reduction in operational costs of more than 15%.

    Legacy application migration is a strategic move to meet the current technological evolution. It is driven by two significant objectives: improving business agility and maintaining competitiveness in the current demanding environment. By application migration, businesses can transform their infrastructure, which enables them to incorporate modern technologies like artificial intelligence, robotics, real-time analysis, advanced cybersecurity measures, and many more. This will transform their operation abilities, improve performance and efficiency, and work towards continuous innovation.

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    What are the Different Legacy Application Modernization Strategies?

    Here are some common approves for application modernization strategies that businesses can incorporate:

    Rehosting

    This methodology is also known as “lift and shift migration“. In this method, the application is migrated from an older environment to a modern one without changing its code.

    Replatforming

    In replatforming, a couple of changes are made in the applications to adapt to the new modern platform, enabling the business to leverage the latest features and abilities.

    Refactoring

    This procedure involves restructuring the code from scratch but ensuring that the external behavior does not change. The primary goal is to enhance the applications’ non-functional attributes to make them more efficient and manageable.

    Rearchitecting

    In this procedure, the application’s architecture is altered while maintaining its functionality. Enterprises generally choose this application modernization strategy when an older legacy system is obstructing the application’s efficiency to meet business requirements.

    Rebuilding

    Rebuilding is the procedure of completely rewriting the application using modern technologies. In this approach, businesses discard the original codes and redesign the application on a new modern platform that can leverage the latest trends to achieve the marketing demands.

    Replacing

    As the name suggests, replacing is the process when the business no longer requires the application as it is unable to perform its operations to its full ability and is replaced with a new, more capable application. The procedure may involve adopting commercially available solutions that can be further tailored to business requirements.

    How Can Stromasys Help with Legacy Application Migration Strategies?

    Stromasys offers application modernization solutions emulating and virtualizing the legacy systems on a modern platform like x86 servers and cloud platforms, including Microsoft Azure, Amazon AWS, Oracle Cloud, and more, for seamless operations. Its flagship product, Charon emulation solutions, is widely used across different industry sectors. With its impeccable application migration strategies, it seamlessly migrates legacy on a modern platform so that businesses can efficiently carry out their operations.

    Learn more about how Charon emulation solutions can assist you in legacy application modernization.

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    Key Takeaway

    Many organizations are gradually opting for application modernization. They believe this strategic move can transform their operational effectiveness and productivity, which will improve their revenue. It not only cuts down on additional maintenance and operational costs but also enhances performance and efficiency.

    Application migration to a new modern platform enables businesses to leverage trending technologies that will help them seize new opportunities and assist their ability to innovate. Upgrading from monolithic solutions to more advanced technologies helps enhance performance, scalability, flexibility, and security. It will ultimately improve the user experience, brand reputation, and ROI.