It’s quite often the case when companies need to embrace new processes due to an acquisition or a merger. This environment is probably the optimal position for newly appointed CEOs or VPs of Technology to take charge and spearhead the initiative of legacy system replacement strategy.
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- Remove inefficiencies and optimize workflows
- Build on the strengths of the existing systems
- Align with changing market demands
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Case in point: After IncreMedical acquired bahrain phone number data Medadept, Velvetech helped them extend their suite of apps with mHealth solutions so they could target a wider audience and enhance user experience.
Legacy System Modernization Strategies
It’s not like there’s a textbook out there prescribing specific procedures for embracing legacy modernization at your firm. And you’re probably aware of the reason: each situation is unique. Still, we can single out several major approaches. Among them, you can find the right application modernization strategy to address your situation.
Replace with a New System
A radical overhaul of the company’s IT infrastructure and underlying software is the most common approach to the modernization of legacy applications. And it’s pretty evident too: rebuild the whole thing from the ground up.
Benefits:
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- Offers unlimited modernization potential
- Invites to rethink and optimize business processes
- Ensures substantial gains on ROI and other key metrics over the short and long-term
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Risks:
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- Takes longer to implement
- Requires significant investment
- Suggests running of two systems until the final switch
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The replacement strategy was the one we applied for the century-old family business operating greenhouses. Yet, we left the time-tested algorithms intact, taking them and putting into a modern, secure cloud application.
You can also find it interesting how Velvetech helped a telesales company Migrate from an In-House Legacy CRM System
Rebuild Gradually
Another proven way to modernize your software the multimedia test of the samsung galaxy s24 ultra, the gifted ai-boosted is the app-by-app approach. In this scenario, you pick the most ROI-effective applications in the legacy solution and rebuild them one by one.
Benefits:
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- Moderate modernization potential as remaining legacy parts will be holding back
- Requires less management and investment resources (compared to total system revamp)
- Makes the min negative impact on running business operations
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Risks:
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- May involve too many integrations with the existing legacy system to ensure business continuity
- Does not work well when several components are being rebuilt simultaneously
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That is exactly how we managed an epic insurance system overhaul for Insureon — Inc. 500’s #1 fastest-growing insurance company.
Reuse
And the least invasive legacy system ch leads modernization approach is, of course, to reuse the existing IT infrastructure as much as possible. Here is how you can get there:
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Encapsulate
The legacy software remains the same, and some of its parts become available for integration with other systems or applications via an API layer.
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