Creaky, outdated, and obsolete IT systems burden the entire enterprise. Here are the key signs that indicate it’s time for a legacy IT system refresh.
Credit: DC Studio / Shutterstock
Technology continues to advance at a furious pace. That’s great, because a strong IT environment is necessary to take advantage of the latest innovations and business opportunities. The bad news, however, is that IT system modernization requires significant financial and time investments.
When addressed properly, application and platform modernization drives immense value and positions organizations ahead of their competition, says Anindeep Kar, a consultant with technology research and advisory firm ISG. “There are multiple examples of organizations driving home a first-mover advantage by adopting and embracing technology modernization when the opportunity presents itself early.”
On the other hand, there are also many cases of enterprises hanging onto obsolete systems that have long-since exceeded their original ROI. Kar advises taking a measured approach to system modernization. “Leaders who adopt a crawl-walk-run approach, with thoughtful …