In today’s digital era, it is essential to keep pace with the latest technologies to sustain the cut-throat competition. Owning legacy systems that have become obsolete decelerates business growth, creates performance gaps, and hampers business productivity. It is, therefore, critical that you must keep your enterprise systems up-to-date with the latest features and technology trends. Nevertheless, every new technology is bound to be outdated at some point in the future. So how do you know that your systems require modernization?
This blog post sheds light on five early signs that point toward the need for legacy application modernization. By identifying these signs, you can easily discover consistency issues lurking in your legacy systems. Accordingly, you can take appropriate measures to successfully conduct a 360-degree legacy application modernization process.
Also read Legacy System Modernization: Making Your Enterprise Systems Future-Ready
Before we delve into the subject matter, let’s first discuss why we need legacy application modernization in the first place.
While in many instances, the term ‘legacy’ alludes to wealth and status, in terms of software, it has a negative undertone. Using legacy systems to handle your enterprise processes implies that you are using old or outdated technology. In most cases, legacy systems may not be compatible with the new software systems that you plan to install to address your business needs. Under worst-case scenarios, a legacy system may not be compliant with the present-day data security standards. Having said that, continuing to use such systems puts your business at risk of data breaches and malware attacks.
Modernizing legacy applications may be complex and time-consuming, not to mention the expenses associated with the process. Nevertheless, the maintenance cost for legacy systems can be much higher and the output would be less satisfactory.
Below are the five signs that indicate the inevitable need for legacy application modernization.
If you are still using on-premise systems to run your business, you’re probably lagging behind most of your competitors. The main problem with legacy, on-premise systems is their excessive hardware dependency. Besides, the maintenance costs can increase considerably as the systems get old and obsolete. It is, therefore, advisable to opt for SaaS or cloud-based software architecture to efficiently run business operations with minimal hardware requirements and zero maintenance costs.
As the systems get old and outdated, users start experiencing frequent crashes. At the same time, the processing speed depreciates, leading to freezing (hanging) and software glitches or abrupt malfunctioning. If you start experiencing crashes and speed issues more frequently, it’s high time you should consider upgrading existing software architecture.
As your business grows and expands, you often need new hardware/software tools to integrate with the existing system. Most legacy systems won’t support the latest hardware/software tools. Therefore, you are only left with the option to re-architect or replace your current software systems.
If your hardware/software maintenance costs are continuously increasing, it’s probably because of obsolete legacy systems. It’s a clear indication that your existing systems have become too old and the maintenance cost is only going to rise with the passage of time.
Technology continues to evolve, with new advancements coming into the picture every few months. It is equally important to keep pace with the latest technology advancements to stay ahead of the curve. Therefore, it is essential to keep close tabs on the latest technology trends and keep upgrading your software infrastructure from time-to-time to sustain the cut-throat market competition.
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The above discussion underpins the significance of legacy application modernization and how important it is for enterprises to efficiently run their operations. Furthermore, when we proceed with modernizing a legacy application, it comes down to two options i.e rearchitecting, rebuilding/replacing. Rearchitecting the application is less complicated and relatively cheaper. Rebuilding the entire application, on the other hand, is expensive but provides the best results. Therefore, it is critical to run a 360-degree assessment of your existing software architecture and choose the option that best addresses your business requirements. The ideal approach is to get assistance from ERP consults or an ERP consulting company.
We, at Oodles ERP, provide 360-degree application modernization services to remodel and re-architect your legacy systems to enhance performance and capabilities. Our development team uses the latest tech stack and agile methodologies to upgrade your legacy systems with advanced fault-tolerance and problem-solving capabilities. We also provide personalized consulting services for legacy system modernization through end-to-end software infrastructure evaluation and viability analysis. For more information, visit erpsolutions.oodles.io or drop us a line at [email protected].