To ensure the success of any digital transformation initiative, it is extremely important to evaluate the risks and challenges associated with legacy modernization projects. Legacy modernization often requires many years and many teams to effectively transform. This is because applications that require digitization have often been built a long time ago and moving away from the current system to a newer platform may create operational issues and have an impact on the business.
Here are eight key challenges in legacy application modernization that must be addressed in order to prevent business disruption and improve technology performance:
CAST helps legacy modernization projects in several ways, including application assessment, size estimation and measurement, preparation for cloud migration and full architecture understanding of application interdependencies and critical software risks that difficult to identify.
Erik Oltmans, an Associate Partner from EY, Netherlands, spoke at the Software Intelligence Forum on how the consulting behemoth uses Software Intelligence in its Transaction Advisory services.
Erik describes the changing landscape of M & A. Besides the financial and commercial aspects, PE firms now equally value technical assessments, especially for targets with significant software assets. He goes on to detail how CAST Highlight makes these assessments possible with limited access to the targetâ€™s systems, customized quality metrics, and liability implications of open source components - all three that are critical for an M&A due diligence.