This is the first in a series of blogs that examines how ‘internet savvy’ challengers are entering the insurance market and what this can mean to an industry that has traditionally been perceived as ‘stodgy’, ‘risk averse’ and ‘slow to change’. The blog goes on to discuss the legacy technology challenges that are hampering the industry today, and how different modernization strategies and/or radically new operating models are needed to compete in the future.
Category blogs - Featured
2,020
The Top Challenges of Legacy Modernization and the Solution
There is significant pressure on State CIOs to streamline IT budgets, increase productivity, rationalize IT spending and improve service delivery to citizens and business customers. Though the States have invested in new technologies, their current IT portfolio still has legacy systems that they have to support, and this is resulting in significant financial and technical challenges to overcome. If the States don’t invest in modernizing their legacy applications, then their ability to efficiently serve their citizens is at risk.
Blog Category Listing
54
Aug 13, 2020
Automate Database Deployments: Meeting Changing Business Demands with App Modernization
Enterprises operate under a constant push to go faster to market while maintaining (or increasing) quality without consumption of any additional resources. The name of the game is automation and process re-engineering. By adopting continuous...
54
Aug 13, 2020
Automate Database Deployments: Meeting Changing Business Demands with App Modernization
Enterprises operate under a constant push to go faster to market while maintaining (or increasing) quality without consumption of any additional resources. The name of the game is automation and process re-engineering. By adopting continuous...
Don’t Let Your Legacy Systems Make You Irrelevant
Giving the digital challengers a run for their money with two-speed it
The financial services industry has experienced significant disruption over the past few years, as digital technology innovation has ushered in a new era of intense rivalry.
Challenges of Legacy Application Modernization
Shyam Kumar Sundarakumar - Senior Solution Architect, Digital & Analytics
| November 27, 2020
227 Views
227 Views
Many organizations that carry heavy legacy baggage, are faced with many challenges running their legacy technology-based applications with many risks like reduced skill-availability, technology obsolescence etc. This article provides a brief insight into various challenges that are faced when embarking upon legacy application modernization. There are also solutions provided to overcome those challenges.
