Technology is ever-evolving and rapidly changing. This can leave organizations with outdated technology and systems —sometimes 20 years old —that do not function correctly and cannot support the organization’s current needs. Often, because these systems lack data-sharing capabilities, silos form within organizations, making it challenging to keep up with the times. Thus, bottlenecks are formed.
Legacy systems are expensive to maintain, and approximately 60% of an organization’s IT budget is allotted to their upkeep. However, implementing technology upgrades across the enterprise can quickly become expensive. Introducing new technology can also be a shock to employees, and some may not want to adapt, dampening company culture.
Legacy modernization seeks to implement essential technological changes within organizations while retaining the integrity and key elements of older systems. It’s the process by which legacy systems within organizations are revamped and updated to integrate with new, robust technology. This is less costly than scrapping those legacy systems altogether and allows for fluid communication between both systems. Because legacy systems are integrated with new technologies, they are more secure than they could ever be on their own.
