Benefits of platform modernization
The primary reason organizations undertake this is to be able to get updates to the market quicker, opening new revenue opportunities. Here are some of the benefits of platform modernization:
Cost Reduction
Modernizing your application lowers the amount of time it takes to update applications. It also lowers your operational costs.
Improved security
Using modernized software is critical for protecting data in your company.
Integrations & Functionality
Improves how each element of your tech stack integrates with other systems and enhances the functionality of your product.
Scaling performance
Application modernization enables scalability, which is the ability to easily add or subtract resources depending on demand.
Approaches to platform modernization
There is no one-size-fits-all solution for modernizing applications because every company has different needs, different legacy platforms, and different goals.
Cloud services
Help organizations can reduce upfront costs significantly.
1. Rehosting
Companies using this approach, sometimes called “lift and shift,” move from a legacy or on-premise (on-prim) solution to a cloud-based environment.
2. Refactoring
This is a great approach when we’re moving to microservices or simplifying complex apps into the parts to perform specific operations.
3. Replatforming
This approach blends lift and shift with refactoring to convert legacy applications to operate on the cloud.
Microservice
Make applications easier to scale and faster to develop.