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…
Leverage the Potential of Generative AI with Capten.ai
The mortgage industry has experienced significant shifts within various facets of lending process as a result of the implementation of artificial intelligence (AI). A notable 42% of lenders have incorporated AI and machine learning (ML) primarily to optimize operational efficiency, while…