Many businesses continue to rely on legacy systems because they are convenient to use, inexpensive to maintain, and—more than anything—they work. Modernizing these antiquated systems sounds good, but in reality, it’s far from easy. These systems are often deep-rooted throughout day-to-day business operations and entrenched within the technology landscape. It would be an arduous task to rip and replace, to say the least. However, incumbent processes often stand in the way of an organization’s ability to expand and adapt in the face of growing market competition.
Challenges introduced by legacy systems include:
Obsolete technologies: Repetitive maintenance of obsolete and out-dated legacy systems can have a negative impact on business, from interruptions in operations to unforeseen costs.
Scarcity of skilled people to maintain legacy systems: Organizations relying on legacy systems need to hire people who are skilled in these old technologies, which becomes more difficult with each passing year.
Outdated, inaccurate, or incomplete documentation systems: Legacy software systems are built around obsolete programming languages that make it difficult to find documentation about the system, and, often, the original developers have left the company.
Staying Relevant in a Fast-Changing Technology Landscape
Legacy systems should undergo modernization at regular intervals to meet emerging technology expectations. There was a time when legacy modernization was nice to have. Now, it has become necessary for businesses to modernize their legacy systems in order to stay ahead of the curve. If a business wants to win in the long run, it should always be a ahead of its competition. Organizations that fail to keep up with changing technologies run the risk of falling behind permanently.
Advantages of Legacy Modernization
- Modernizing legacy system helps minimize processing time, which leads to increased productivity and an improved bottom-line.
- Businesses can more easily, quickly, and accurately detect frauds and reduce the chances of fraud from occurring in the first place
- Improves agility that gives businesses rapid, continuous, and systematic evolutionary adaptation to market changes
- Legacy modernization boosts overall team productivity, providing tools that help them to better manage quality and timeliness of deliverables.
- Cloud technology facilitates easy access and smooth functioning of day-to-day activities.
- Organizations are saved from disruptions that can adversely affect the business, thanks to the flexibility and scalability of the cloud which make businesses more agile and future-ready.
Begin Your Legacy Modernization Journey with Prime
Businesses of all shapes and sizes are choosing to modernize their legacy systems to keep pace with the digital world. Developing the right strategy for implementation to ensure a successful modernization project requires consulting from experts. Prime steps in to customize a modernization strategy that meets each organization’s unique business requirements.
Our Experts Provide Valuable Input on:
- Why legacy modernization is or is not the right choice for your business
- How legacy modernization will enhance business agility
- What is the right solution to reduce costs and business performance
Three Steps to Legacy Modernization
- Measure the effectiveness of existing systems and identify future business goals
- Determins the organization’s readiness quotient by aligning a legacy modernization roadmap and with the business goals
- Realize the modernization by implementing new solutions and processes
As organizations adopt legacy modernization, there are many challenges along the path to a successful transition. Solid IT expertise are essential. With extensive experience managing modernization and migration of legacy systems, Prime is the perfect partner to guide you every step of the way through the transition.
To learn more about how Prime can help, contact us here.