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October 13, 2022
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3
 min read

App Modernization Insight

AppFactor, a pioneering technology company using AI to optimize application modernization, announced the successful closure of its oversubscribed pre-seed funding round

App Modernization Insight

Derive more value from your applications

As consumers, we’re now used to seeing new and better digital experiences. However, with significant pre-existing investment in their application portfolios, few organisations can afford to simply retire their applications and start over. Nor can many organisations afford the downtime involved in modernising mission critical applications on new infrastructure platforms. Application modernization strategies combine the best of both worlds, offering the advantages of transformative technology to reduce costs and increase customer satisfaction while continuing to extract and exploit value from existing investments.

Now, more than ever, organizations need agility, flexibility and integration to succeed.

The burden of technical debt

As costly as it would be to retire them, legacy applications are expensive to maintain, require tremendous resources to support and are unable to quickly pivot with changing business needs. This technical debt prevents organizations from transforming their business and achieving their goals.

Eliminating legacy barriers

Most legacy applications were designed to meet specific needs or work in particular environments. This inflexibility often means they aren’t fully compatible with modern platforms, technologies or whole environments such as the cloud. Organisations need to identify and eliminate the barriers to legacy application modernisation to bring them up to date.

Ongoing development and improvement

To keep up with changing market demands and consumer expectations, organisations need to adjust and improve their digital experiences on a continuing basis. When they apply a linear, waterfall development approach that proceeds in sequential stages, the process becomes too long and unwieldy to adapt quickly. Traditionally, modernization efforts have also been performed in big bang approaches which resulted in a budget and timeline that constrained the level of success. There has to be a better way, thats continuous and removes the treadmill like relationship.

Legacy impedes success

Slow-to-adapt legacy applications and systems can hinder an organisation’s ability to respond to new demands on the business. The goal of legacy application modernisation is to eliminate the barriers to digital transformation and increase the likelihood of future IT project successes.

  • Ninety percent of IT leaders said their organisation's revenue will be negatively impacted if they fail to complete digital transformation initiatives in the next 1 to 5 years.
  • Waterfall projects are 3 times more likely to fail than those that use an agile methodology.

4 simple steps

Discovery

Perform a comprehensive, yet frictionless discovery against the existing application estate and underlying infrastructure to gain insight into complexity, scale, dependencies, risk and impact. Look at the 'R' migration methodology to segment applications into appropriate paths.

Plan for optimal workload placement

Select the right placement for all your workloads and build an application-centric cloud roadmap including application rationalization strategy and data architecture based on your requirements.

Modernize your architecture

Choose and integrate cloud infrastructure, modernize the traditional data center and implement modern software-defined networking while updating and extending security.

Look at leveraging cloud-native technology for all of it's benefits.

Automate and manage

Adopt modern governance and management capabilities while integrating DevOps and CI/CD practices to continue transforming your applications through agile sprint-based projects.

Achieve desired outcomes faster

Our automated and product-led approach removes the complexity and strips away all of the manual tasks that contribute to lengthy timelines. From discovery, through to containerization and deployment, AppFactor streamlines the steps needed to modernise your applications.

Avoid cost overruns

By breaking down project outcomes and deliverables by complexity, which we call “story points”, we ensure scope and managing the project are delivered on-time and avoid overruns.

Deliver better quality

We productise all of the manual steps for app stakeholder collaboration and information gathering to mitigate risks and build a business case before automating the deployment and modernization of applications.

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