Data migration from Legacy systems to modern applications What is a legacy system? Challenges, risks and migration A
Upgrading your legacy business software Why upgrade your legacy business software? The technology industry moves at an extremely fast pace and you must keep up if you want to be successful. Legacy software is software that is no longer supported, has known security vulnerabilities and does not allow for future growth. This means you can’t…
Welcome to the in-depth exploration of a realm that holds substantial importance in the world of software, app and web development, Legacy Systems. At the intersection of change and continuity, Legacy Systems act as intertwining threads of our fast-pacing technological era with the rich fabric of computation history. They cultivate an extraordinary insight into our collective digital past, while simultaneously reminding us of the challenges that lie ahead on the path of technological advancement.
To set the tone, it’s crucial to clarify that Legacy Systems aren’t merely old systems. Instead, they are productive, functioning systems at the foreground or the backbone of a business – ones that served well during their prime but have now come under the inevitable effigy of technological advances, regulatory changes or shifting business needs. Often, these systems are entrenched deeply within an organisation’s critical operations, making their replacement or update a complex and costly affair.
According to the research firm Gartner, companies spent 92 cents on every dollar simply maintaining old systems in 2015 – a figure that vividly underlines the need to rethink the way we handle these technological heritage sites. Furthermore, it also begs us to pose the vital question – are these systems able to meet modern business needs and expectations posed by rising industry trends, like big data, multipart user access, real-time systems and more?
The answer, quite evidently, lies in giving these systems a new lease of life; reviving them through bespoke, tailored software and web development solutions. Many of the Fortune 500 companies stand testament to this, retaining a striking array of mainframes and COBOL systems that have withstood the test of time, thanks to constant remediation using custom solutions. This explains why the global market for custom software services reached a staggering $62.9B in 2020, growing from $52.7B in 2016 (Statista).
The Legacy Systems landscape is an interconnected maze of past success stories and future potentialities, that, when navigated meticulously, can fuel unprecedented growth and innovation in the face of uncertain digital futures. As the digital landscape shifts from modular structures to complicated ecosystems, the understanding and management of Legacy Systems have come to hold the keys to many organisational and operational challenges.
Embarking on this journey of unearthing the legacy trapped within these systems is what we aim to do in our dedicated Legacy Systems blog space. However, we also encompass a range of other topics in our blog that might provide you with various industrial insights and rise intriguing discussions. So, take a leap with us and join us in our digital storytelling journey, where we delve into the intricacies of technology and its multifaceted implications.
Please feel free to browse our Legacy Systems section, and general blog for an enriching exploration. If there’s anything you’d like to discuss, whether about Legacy Systems or indeed any other aspect of bespoke web / app / software development, we would be delighted to hear from you. Do not hesitate to get in touch with us.