App Modernization: A Guide to Modernize and Transform your Applications

Make Modernization the Norm

Businesses around the world have gone through a transformation in the last few years. They have started gaining insights into being more flexible and agile, which in turn helps them be more receptive to business requirements. Among the myriad of activities that are helping businesses keep up with the current norms, application modernization is one key initiative. Modernizing legacy applications helps the organization align its digital transformation journey perfectly to meet its unique business needs.

A dynamic market, a service can be rendered in multiple ways, but then there arises a need for a versatile application. The need of the hour, thus, is to put in place the right application modernization strategies. This ensures that the capital put in initial investments makes it conducive to minimizing unnecessary exploits and This ultimately modernizes your existing applications or system architectures for the future.

The Significance of Application Modernization

Whether employees are working remotely or in the office, they require more flexibility about where and how they access workloads and data. Modernizing applications help a company grow according to the range of changes in the market and keep up with new trends that contribute to growth. Discussed below are some of the positive changes that application modernization brings:

• Cost Optimization: The obvious advantage of modern applications is that it suspends the need to invest in additional hardware costs for modifications and maintenance of the application. This is done by incorporating cloud-based solutions and a dynamic model that helps to incorporate changes easily. 

• Resilient Security: Legacy applications can be considered an easy target for a lot of hackers. At one-point, legacy applications cannot be updated and the security patches for the older versions stop working. When an organization moves from legacy systems to a cloud infrastructure- it directly translates into a noticeable ease of workflow and access. Automatic backups and having a centralized cloud for all work purposes helps to ensure business continuity. The hindrances caused by power shortages or hardware malfunction are monumentally reduced as the cloud is constantly helping to safeguard one’s information.

• Improved Performance and Efficiency: A significant improvement in the business performance is witnessed by enterprises as they get to bring their product to the market much faster. They can provide a quicker digital experience than their competitors by sending out new features smoothly.

• Exceptional Customer Experience: Modernizing your application helps to deliver a more polished customer experience. Changes on the UI which automate processes and add intuitive features help customers provide essential feedback. Modernizing applications also let’s users recover their data at any point of time, and improves the simple process of navigation through the system. Keeping an eye on how applications work fluidly across multiple devices is important so the newer features can bring top brand experiences across all of the digital platforms. 

What is TCO and Why it Matters to your Business?

The total cost of ownership is how much price an investor pays for investment including the costs of the operations that are included. When one is looking at calculating the total cost of ownership, it gives an overview of what the product does like in the market and its value’s status over a period of time. It’s used when making business deals comes afoot when entities look at investment opportunities for their purchases.

When buying assets, individuals have to see where to make investments when it comes to the capital projects and services. It allows investors to take a more full-fledged approach that has a much wider perspective with a methodical approach. This holistic way of managing expenses would ensure that it is being followed for both direct and indirect expenses. 

What are the Hurdles to Application Modernization?

The promise that application modernization offers makes businesses covet modernizing their applications. However, the process of modernization inevitably differs from one organization to the next. Let’s look at some of the hurdles to effectively modernizing your apps:

• Rigid Design and Old Infrastructure: Legacy applications usually come with a monolithic architecture, which makes it difficult to scale up or down according to changing business requirements. Dated hardware when opposed to newer hardware also brings along performance lags. This is owing to the newer hardware’s faster RAM’s and increased processing speed. 
• Technological Incapability: Technological incapability prevents you from building the intended and necessary technical functionalities. Thus, not updating technological skills with time slows down application modernization and eventually brings it to a halt.
• IT Skill Gap: A lot of organizations often struggle with an IT skill gap in the market. It can get tough when there is no proper support for older applications, as hiring employees with specialized skillsets is more expensive. 

• Supporting changing Workload: When it comes to assessing TCO, we need to see what market needs are getting more traction. It is also paramount that the company is conscientious of what kind of long-term TCO positioning it can make.

• Holding on to Existing Resources: When considering new technologies for any IT infrastructure, it is usually advantageous to keep the existing resources and investments at a good balance alongside the new investments to achieve maximum agility across networks. 

Modernize your Apps the Right Way

While the whole process of application modernization may seem tiresome, it is a pivotal business priority. It offers reliable and high-speed applications upgrades and ensures faster time to market.  

Our work at Indium revolves around data engineering solutions and other digital solutions such as application development, low-code development & mobile app development. With a host of these skills, we surely justify your investment.

Your competitors are already investing in their modernization strategies. so it is imperative that you invest in the right partner to enable faster execution and be in a competitive position. .