Welcome to the dynamic and complex world of Technology Modernisation, a burgeoning concept essential for all businesses, organisations, and startups aiming to thrive in today’s technologically driven environment. It is an intriguing topic, continually evolving and reshaping the outlook of global industries and economies.
Technology Modernisation is not merely about migrating from an old hardware or software to a newer one. It’s a comprehensive strategy that overhauls legacy systems to elevate efficiencies, promote innovation, enhance agility, improve customer experiences, ensure data security, and adapt to the rapidly evolving tech-market trends.
At its core, Technology Modernisation involves the transformation of existing software, web and app infrastructures into state-of-the-art systems that can nimbly cope with the rigors of the modern digital ecosystem. Fundamentally, it’s about identifying ageing technology assets, assessing their shortcomings, and replacing or reengineering them with modern systems that feature the latest technology standards and principles.
While many companies offer off-the-shelf solutions for technological updates, it is the bespoke software, app, and web development approach that paints the broadest strokes on the Technology Modernisation landscape, giving organizations space to align technology with their unique business processes and future goals.
Gartner, the world’s leading research and advisory company, predicts that by 2021, demand for modernization and upgrading legacy systems will increase IT spending to $332 billion. This underlines not only the importance, but also the scale at which technology modernisation is anticipated to evolve.
Let’s delve into some interesting statistics related to this topic:
35% of organizations view legacy infrastructure and systems as the biggest hurdle in digital transformation journey (Forrester report).
According to the report from BlueMetal Architects, companies that modernize their IT systems have seen their revenues increase by 14%.
Technology modernisation is thus recognized as a vital component of any technical strategy, with ramifications across all aspects of business operations, from customer service to internal workflows, from data handling to security frameworks.
To learn more about Technology Modernisation and how it could benefit your organization, I invite you to explore the fascinating and informative articles found in the Technology Modernisation section of this blog.
Should you have any inquiries or wish to discuss how your organisation can embark on its Technology Modernisation journey, feel free to get in touch with us.
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Bridging The Skill Gap: Overcoming The COBOL Programer Shortage Through Modernisation Imagine a vast, intricate web that connects the world’s critical systems. It is the backbone of industries such as banking, healthcare, and transportation, ensuring their smooth operation and functionality. This web is built on a programing language called COBOL – a language that has…