Making Old Software New Again – 5 Ways to Modernize Legacy System

Making Old Software New Again - 5 Ways to Modernize Legacy System

In times of cloud computing and digitization, many companies are deciding to replace their legacy applications with new developments. One thing is clear when you look back at the history of IT and software engineering everything changes. These changes concern hardware upgrades, improvement in software, language, infrastructure, and methodology. This advancement has allowed IT to stay ahead of ever-changing business demands in an everlasting competitive era.
According to Statista, the global application modernization tools market is expected to grow from USD 11,412 million in 2020 to USD 24,803 million by 2025, at a CAGR of 16.8% during the forecast period. The rise in demand for cloud services, lower costs, and increased security are among the most common reasons why companies are modernizing their old applications and software. Legacy systems modernization also helps companies to improve their customer acquisition strategy, provide a better customer experience, earn the loyalty of their returning customers, and cut costs. Often, positive effects can be achieved even with relatively manageable effort.

Here below are few modernization measures that promise quick wins.

 

  1. Upgrading outdated software

Many companies continue using outdated systems, regardless of their age or the quality of underlying technologies. Their argument to defend the software is that the software has been working just fine for decades and is still able to cope with most of its tasks so why fix it if it isn’t broken?
Well, what they don’t see is the hidden costs of their legacy systems. While they continue to run outdated versions of software, such as is often the case with Windows XP, the increase in maintenance and support costs is promised. First, companies have to use the extended support of the provider against high payments. After the end of the official support period, they are forced – if available – to purchase individual solutions for the support against horrendous contributions. If there is no support at all anymore, they have to buy the source code of the software and maintain it for a lot of money. Additionally, as these legacy softwares are no longer supported by the manufacturer, they aren’t secure and put data at risk. By upgrading to newer versions, operating costs can therefore be significantly reduced and security can be enhanced.

 

  1. Switch to open source

Switching from proprietary to open-source software can also save costs. An example of this is Oracle’s database migration to PostgreSQL. PostgreSQL supports most programming languages and compares in terms of functionality and performance. Thus, the database offers a real alternative in many cases but saves companies the license costs.

 

  1. Switch to virtualization or cloud

Your hardware costs can be reduced by migrating applications from dedicated physical to virtual machines or to the cloud. By migrating servers to virtual machines, the company can enable more efficient use of the server hardware, reduce overall operational costs by having less hardware in total, consume less power, and occupy the less physical room. Operational costs can also be reduced due to reduced physical hardware requirements.
In a cloud environment, a company no longer needs its own hardware to run applications. Cloud allows affordable and accessible storage of data in cloud-based servers, with the data easily retrievable when required. You can opt for pay-as-you-go service. By paying predictive monthly costs, companies no longer need to worry about replacing their servers ever again.

 

  1. Encrypt transmission paths

Every business has to follow certain guidelines within protocols to look for vulnerability assessment in a legacy system. The security of legacy applications can be increased by encrypting the transmission paths of their data. Often, outdated, unencrypted protocols are still used here – such as HTTP for the transmission of web page content, FTP for the transmission of files, or Telnet for remote access to computers. They should be replaced by the modern, encrypted protocols HTTPS, SFTP, or SSH.

 

  1. Implement password policies

Guidelines for proper handling of application passwords also provide more security. Employees should be encouraged to use only strong passwords that are long and complex enough. In addition, the passwords should be renewed regularly and should under no circumstances be kept accessible to anyone – certainly not on a post-it stick to the screen.
Weak passwords are not only responsible for hacking emails, Facebook, or Instagram accounts but also enterprise applications. Implementing strong password policies is therefore a good example of how to achieve positive effects with little effort.

 

Conclusion

Legacy Application modernization doesn’t happen in one day. Instead, it’s an entire journey and the best results occur when companies embrace a holistic approach that’s future-oriented and considers enterprise goals. With legacy modernization, you can transform your IT ecosystem based on current and future business needs and build a flexible foundation for future innovation.
If your company still relies on outdated software, Xorlogics can be your partner in the journey to digital transformation and make your business future-ready. With a strong understanding of business needs and technology, we handle every aspect of legacy-system modernization: from analyzing the current solution, creating a roadmap for developing a solid business strategy, prioritizing the features to rebuilding your product from scratch, using the latest technologies and architecture solutions.
So, don’t hesitate to fill this form and our experts will contact you as soon as possible.

 

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Legacy System Migration: Should IT spend its time maintaining Legacy Investments?

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Everyone knows that legacy systems are bad. Unlike wine, they don’t get better with age. These systems belong to the legacy of past generations of software. Legacy systems, which form the backbone of many enterprises, are holding organizations back from leveraging new digital technologies and creating new experiences for their customers/partners. Many developers wish that they never have to inherit these. Good luck to those who get stuck with maintaining or converting them.

 

These legacy software systems can still be found in many companies and administrations. While these systems may still meet the requirements, they were originally designed for, they are typically based on old technologies that are no longer common. Since they only partially meet today’s IT requirements, organizations keep facing poor system performance and paying high maintenance costs.

 

Legacy system migration refers to the modernization of old IT systems to a newer hardware infrastructure or software platform. In companies, the maintenance effort on IT systems is steadily increasing, thus the old systems must be transferred to a connected and up-to-date version with multi-layered architectures. For the IT team, this means an enormous challenge.

 

According to a study the global application modernization services market size is expected to grow from USD 11.4 billion in 2020 to USD 24.8 billion by 2025. Key factors of this growth are cloud services, rising demand for modern infrastructure to ensure business continuity and focus on transforming and modernizing legacy systems.

 

Another independent survey, conducted by Boomi, a Dell Technologies company, questioned 825 Enterprise Architects in the EMEA region showed how companies are modernizing ERP applications and how they are coping with the challenges that complex IT environments bring with them. While many companies used their IT budgets to maintain outdated systems in the past, significantly more funds are now flowing into modern solutions. 35% and 33% respectively of the companies surveyed stated that they use their budget to modernize their systems and to innovate. The expenses for maintaining outdated systems are reduced from 70% – 80% previously to around 34%.

 

“It’s clear that investments in modernizing applications and digital business innovations are increasing. Executives and IT decision-makers will soon recognize the advantages of these investments and further reduce expenses for the maintenance of obsolete technologies”, says Stefan Soerensen, Account Executive at Boomi.

 

The latest Boomi survey also shows that decision-makers in European companies often face a dilemma: either they invest in the costly and complex process of ERP modernization, or they are overtaken by more innovative competitors. Many organizations find it difficult to modernize or extend their legacy systems in a way that enables them to create an IT strategy that supports the quick adoption of newer technologies such as cloud, big data, IoT, and mobile.

 

Should IT spend its time maintaining legacy investments or creating new things?

 

The answer is quite simple, outdated networks and servers no longer meet the needs of companies. Taking the right step and modernizing the legacy is the way forward.

The IT modernization promises cost savings, efficient management of IT infrastructure, efficient utilization of human capital, better security and risk management, enhanced user experience, and last but not the least, a direct impact on competition. Looking at legacy modernization, numerous advantages are associated with it become clear. Once the conversion/transformation phase is over, it becomes clear to what extent the new setup promotes efficient work, especially in logistics, purchasing and sales. This enables your company to concentrate on its core business and to implement your processes and projects even faster and better.

 

To modernize your legacy IT, it is important to have the right staff. Xorlogics supports you in every step towards the modernization of your legacy system efficiently and without risk. Reach out to our software experts to discuss the steps you can take now to avoid costly rebuilding.

 

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