When should you Upgrade Your Legacy Systems?
There is a compelling approach for all companies, businesses and even government agencies to adapt the latest technologies for being competitive in today’s economy. No doubt about that. However, they key point in this approach is to utilize the latest or in other words the most modern technologies. The same applies to legacy systems which denote the system applications that have been used for several years or from the beginning of the enterprise. Technology has advanced a lot and continues to do so each day.
There’s an overwhelming push for companies to become agile and digital-first to compete in today’s hyper connected economy. Modernizing legacy systems or upgrading legacy systems that support the delivery of exceptional services, products, and experiences at scale are very much required for this. But before this process of modernization, a business needs to have comprehensive understanding about the systems already in place.
A modernization initiative can be costly and time-consuming. Starting with a well-thought out strategy can alleviate some of the challenges and get buy-in from leaders that otherwise underestimate the importance of a modernization project. Here are some things to determine if it’s time to upgrade a company’s legacy system:
- Are the existing systems able to receive and process multiple data formats from all internal applications as well as partner systems?
- Is there a necessity to customize integrations for connecting to new applications?
- Can these legacy systems handle increased volumes of data from new applications?
- How easy it is to process errors in data and resolve them quickly?
- What is the extent of investment on legacy systems including costs of maintenance, fixing errors and development?
If legacy systems in an organization have any of these issues or more; then it is highly recommended to upgrade the systems and modernize its technology. The reasons for the mentioned issues may possibly have started from a system running on equipment or software that is no longer supported. Moreover, system maintenance and upgrades have caused functions to break and rollout schedules to elongate. Extensive customization of current legacy systems is not the solution for these issues as it could cause a “software fork” which is like a deadlock in the system making it incompatible with the original.
The economy is evolving and technology is also advancing. An old legacy system may not match requirements anymore. There are also chances that compliance requirements of government regulations and statutes have changed. A new line of features will be required for these, which a legacy system cannot support. There certainly are other factors that need to be considered while conducting assessments on the necessity of legacy systems upgrade or modernization. Yet the important point among these is that a business or organization needs to analyze whether any new technology can be adequately integrated into its current IT stack?
For these and other queries about upgrading legacy systems, SGS Technologie can be of assistance. We invite you for a discussion by just clicking here.