5 Strong Reasons to Consider Legacy Software Modernization

It's 2022 where…..

The culture of remote work has become the new normal

AI and Machine Learning are disrupting almost every aspect of our day-to-day lives whether looking for directions, looking for the best eateries in your area, or getting recommendations on Netflix, YouTube, and Spotify.

Manual and recurring tasks are automated to drive productivity and improve efficiency.

The list goes on and on……

As consumers are becoming more informed and tech-savvy, it becomes imperative for businesses both large and small alike to offer enhanced customer experiences to stay competitive. However, the real question that arises is - in the wake of digital transformation - is your legacy system capable of meeting dynamic consumer demands? Despite the fact that technology is rapidly changing and bringing a paradigm shift in industries across verticals, many enterprise-level organizations are still struggling with obsolete systems that power their mission-critical software and applications. If you want to unlock new opportunities and take your business to newer heights, it’s wise to opt for legacy software modernization services to infuse fresh life into your old and clunky system. In other words, many enterprises consider legacy modernization rather than complete software replacements and IT infrastructure overhauls. This not only brings significant cost savings but also enables enterprises to uphold the true potential of their legacy investment. Now, let’s dig deeper into the reasons why businesses should consider legacy modernization.

1) Legacy Software is not Supported by the Vendor

When you use third-party software for your business operations, you have to rely upon the vendor for regular updates, support, and maintenance. When your software becomes obsolete over a period of time, the vendor officially terminates support and maintenance. As a result, your software becomes prone to potential malware attacks, cyberattacks, data theft, and security breaches. In other words, when the software vendor officially terminates support and maintenance, it’s a clear sign to either modernize your outdated software or embrace a modern solution.

For instance, if you are using Magento 1.x for your running eCommerce store, it’s likely that you are facing challenges regarding support and maintenance since the official vendor i.e. Adobe had already announced that it would stop providing support for Magento 1.x starting from June 30, 2020. Post this date, Magento 1.x becomes a highly insecure platform to use for eCommerce merchants.

2) Legacy Software Impairs Mobility

Another major drawback associated with legacy software is that it impairs business mobility. As stated above, remote work culture has become the new normal, and professionals across industries are working from remote locations. However, a majority of legacy software that enterprise-level organizations use is on-premise. In other words, these software solutions are incompatible with mobile or Cloud platforms and professionals can access them only through office computer devices.

Lack of mobility of legacy software not only impairs business mobility but also affects the efficiency of your working professionals. Fortunately, businesses can overcome this challenge by opting for legacy modernization services from an expert. When you partner with an expert for legacy modernization, they will make your obsolete software mobile-ready so that professionals can access them from anywhere and anytime. Modernized software easily connects to your database, inventory, or production warehouse through a mobile device, which in turn, enables professionals to make strategic decisions on-the-go.

3) Legacy Software Cause Performance Disruption

It is unarguably true that legacy software has a higher failure rate. The reason behind this is that legacy software is devoid of regular updates, feature enhancements, security patches, and poor support and maintenance, which in turn, causes frequent performance disruption. Owing to this, downtime becomes inevitable and increased downtime simply indicates that your services won't be accessible. In a study, it was found that if legacy software is not modernized businesses can face a slew of serious repercussions including service disruptions, security breaches, performance issues, and limitations to business-critical capabilities.

4) Legacy Software is Incompatible With Modern Software Solutions

It is imperative for businesses to ensure that their software solutions, no matter how old, integrate well with other work applications and tools enabling professionals to streamline the workflows and manage everything from a single platform. Be it a new collaboration tool or a CRM, you should make sure that it integrates well with legacy software and if there is a compatibility issue, you should consider modernizing your obsolete software. If you tend to ignore the compatibility issue and stick to your old and clunky solution, there are chances that you’ll end up losing customers to your competitors since they have already modernized their obsolete software to leverage all the advanced capabilities that come with legacy software modernization.

5) Legacy Software Limits Scalability

Legacy software solutions are not scalable since they are built on outdated technology, which inhibits the potential to leverage modern tech advancements. If a software solution struggles to cope with fast-evolving requirements, it impedes business growth and scalability. Modernizing your legacy software allows you to manage growing demands and scale operations with ease.

Summing Up

From the above, it is clear that legacy software poses a host of challenges to businesses. If you are also using obsolete software, you should consider modernizing it by parenting with a professional legacy modernization solutions provider.