Businesses everywhere feel the need to change — whether that’s to stay competitive, launch new services, comply with regulations, control costs, deliver better experiences, or respond to many other pressures. Digital transformation is the term for what they need: a series of incremental changes to the application landscape, with the goal of delivering business value. Transformation converts the enterprise’s existing business processes and execution methods into intelligent workflows, supporting new efficiencies and new ways of working. But transformation is complex, and good results are elusive. 86% of companies fail in at least one transformation project they desire, and 73% feel that the results they do achieve fall short of being truly transformational.
To be effective, digital transformation needs a guiding strategy, and application modernization must be a key part of that strategy. App modernization is more than just generic improvement. It specifically means implementing processes and infrastructure to assess and optimize your application mix towards measurable business outcomes. It also involves adapting your organization’s mindsets and skillsets to take advantage of new technology. Consider these four steps to begin a successful modernization journey:
- Assess the business need driving modernization, and the current state of your application ecosystem.
- Select specific modernization efforts to meet defined business goals, and the providers that can deliver the necessary services.
- Outline a roadmap that coordinates multiple modernization journeys, each one adding incremental value while preserving business continuity throughout.
- Adapt your culture, skillset, data governance and organizational requirements to benefit from your new workflows and resources.
App modernization is always going to be highly customized work for your specific organization. But it’s work worth taking seriously. Successful modernization has enormous benefits, such as a 14% boost to annual revenue and 30%–50% lower application maintenance and running costs.7 With the right strategy and support, you can modernize your apps and transform your business. The right consulting partner can accelerate your transformation by providing expertise, tools, modernization patterns and blueprints for your specific industry.
Resource Sponsored By
Please fill out the form to access the content
