Importance of Application Modernization for Businesses in 2022

Published On: 23-06-2022 06:02

Importance of Application Modernization for Businesses in 2022

After the COVID-19 outbreak, businesses are increasingly concentrating on application modernization.

Why?

Because executives are under greater competition and challenge. Among the reasons are digital developments, remote work, and rising client demands. These forces affect every industry. To flourish, businesses must develop henceforth, many businesses choose digital transformation.

When enterprises modernize their applications, they create new mechanisms and the infrastructural facilities required to support them. A solid app modernization strategy can reduce the resources required to run an app, increase the frequency and serviceability of implementations, improve system availability and perseverance, and other benefits. Finally, app modernization enables organizations to drive innovation and go to market faster by updating business processes, lowering maintenance costs, and improving data accessibility.

When it comes to 2022, every IT company must prioritize application modernization. Technology is evolving, and the digital infrastructure now includes a plethora of useful tools. For increased productivity, it is critical to boosting innovation through application modernization. Technologists all over the world improve innovation by using modernized software applications to boost productivity.

To put it in simple terms, application modernization is the process of modifying your old legacy application with all of its characteristics, internal architecture, and building apps that are easily scalable. Because it is cloud-based, we can refer to it as Cloud-Native Apps or Intelligent Apps.

Key Technologies Involved in Application Modernization

Cloud Computing: Cloud technologies are assisting and fueling an increasing number of digital strategic initiatives, including application modernization. The cloud is undoubtedly the top destination for application migration efforts today. Public cloud platforms, private clouds, and hybrid clouds are all included.
Containers: Software containers and container management platforms, have rapidly become industry standards for corporate strategy and modern application delivery. With businesses launching a diverse range of infrastructure across multiple clouds and operational conditions, it is important for the applications to remain modular and capable of running proficiently in multiple locations.
Microservices: Decoupling different components of an application into relatively small, discrete pieces that can be utilized, upgraded, and operated independently is what microservices are all about.
Orchestration and Automation: In software development, orchestration is the automated process of many operational tasks associated with containers, such as deployment, scaling, and networking.

Here are some of the reasons why your company should modernize its applications as it migrates to the cloud:

1. Older systems were not designed for cloud computing.

While older legacy systems can work properly in the cloud to some extent, they are typically designed to be implemented and function optimally over on-premise infrastructure. When expected to run in the cloud, these applications have a finite scope and provide more performance bottlenecks than actual solutions for your business, causing long-term troubles in terms of time and cost management. Failure to modernize your systems is likely to result in increased costs and support hardships, as well as decreased performance.

2. Refactorization Can Increase Functionality

Rather than attempting to work with older applications and challenging yourself and your employees, refactoring your existing legacy applications may allow you to access more features and functions at a lower cost. This means you'll be able to use newer functions without having invested in third-party applications for alternatives that your older application couldn't handle. Accessing new features, functions, and benefits implies not only that your software is modernized, but so is the way your professionals use it.

3. Proper maintenance of older applications in the cloud may be more work than it is worth.

Attempting to run an older application built for a different infrastructure can result in causing trouble. To avoid this hopeless outcome, make sure you investigate cloud-adapting your systems before you spend thousands on nothing. Modernizing your applications also indicates that your IT organization can return to its regular duties rather than dealing with the ever-growing concerns that an old application may produce in its new cloud environment.

4. Older applications can quickly become obsolete.

Although if your legacy application is currently working efficiently in the cloud, the latest updates or features may end up causing your application to fail. This interruption will not only cause your otherwise efficient cloud infrastructure to undertake with limited functionality, but it will also delay the delivery of services. Just because something works well today doesn't mean it will work well tomorrow; each new patch, start releasing, or update to an application that isn't purpose-built for the cloud is risky.

5. Modernization Increases Security

With cyber threats becoming a major worry for every corporate entity, it is essential that your company has an airtight security plan in place to safeguard itself and its clients from any threats. While a proficient cloud service can ensure that you have the highest level of security, there will be situations when your older applications require specialized security measures more than modern applications. A modernized application ensures that the software or solution fully utilizes all that the cloud has to offer in terms of security, providing you and your business with cutting-edge security features.

6. Outdated Applications Reduce Your Employee Pool.

If you continue to use legacy applications even when newly developed remedies are available, your current developers and IT team may want to move on to better opportunities in terms of personal skill development. Yet no business wants to stick with a fading technology. Modernizing your applications can help immensely for preserving the employees and organizations you've worked so hard to build, ensuring that you don't run out of great talent for your digital infrastructure.

Final thoughts

Application modernization enables your company to benefit from the most recent technologies. As an outcome, you will be able to take your outdated legacy applications to a whole different extreme. Keep in mind that the demand for high-tech applications with streamlined functionality is rapidly increasing. As a result, businesses that do not embrace innovation will struggle to find success by the end of 2022.

The average age of an IT application is five years. When technology becomes outmoded, its features and functionality begin to have an adverse effect on the business. Legacy IT systems can also have an impact on customer experience, which can affect a particular brand or service. Luckily, businesses can benefit from modern technology without breaking the bank. Application modernization is a low-cost way to reduce your IT costs.

Vofox helps organizations with end-to-end modernization by progressively integrating applications, mechanisms, and systems to meet current and future business needs while attaining cost savings with minimal interruptions to functions. Our experts can effectively transform legacy systems into more adaptable assets by employing the right strategy, tools, team, and experience. We have assisted many businesses in transforming their existing applications using our IBM application modernization services. Our software consulting experts are highly skilled at developing future-proof applications that help your business grow quickly.