Legacy systems are a major cost driver for organizations, yet many businesses opt to retain these aging solutions. Taking a cue from McKinsey’s financial analogy , let’s explore how legacy systems contribute to technical debt. Technical debt comprises two elements: principal, which encompasses…
Beyond the Obvious- Application Modernization as Crucial C-Suite Strategy
Businesses that remain stagnant risk falling behind the curve. What was once considered groundbreaking may now be teetering on the brink of obsolescence. This rings especially true for legacy applications that stymie innovation. As applications age, they become less reliable and are prone…
Beyond Digitization – Redefining Mortgage Lending With App Modernization
Today’s borrowers expect a seamless, hassle-free experience with their lenders. More than 80% of potential borrowers now prefer completing the loan application process entirely online, a shift made possible by the transition from traditional, manual methods to digital mortgage lending platforms. …
Unlock Industry 4.0 Potential With Manufacturing Modernization
Industry 4.0 has swept through the manufacturing industry, with manufacturing technology companies finding ways to innovate to boost cost and production efficiency. However, this has opened doors to new challenges that impact supplier relations, production processes, customer satisfaction, and quality control….