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Introduction

As the commercial and consumer landscape continues to change, it has become vital for businesses to be able to engage with customers across multiple channels and platforms. Moreover, irrespective of industry, competition has intensified, especially from new entrants in each market, and it is becoming essential for traditional enterprises to either evolve into digital businesses or succumb to the disruptive forces.

Highlights

  • In the rush to become an 'adaptive enterprise' organizations often end up “chasing the shiny new thing” with little regard for the existing core investments that underpin the success of digital initiatives

Features and Benefits

  • This report takes a look at the benefits that a well-planned and efficiently executed modernization initiative can bring to an organization.
  • The report evaluates the major reasons behind the apathy towards legacy modernization, the various methodologies applied on the legacy modernization journey, and presents the key elements necessary for a successful modernization program.

Key questions answered

  • What are the key reasons why enterprises often sideline legacy modernization?
  • What are the benefits of a successful modernization program?
  • What are the major challenges that need to be addressed when undertaking a legacy modernization program?

Table of contents

Summary

  • Catalyst
  • Ovum view
  • Key messages

Recommendations

  • Recommendations for enterprises
  • Recommendations for vendors

Building the adaptive enterprise is front of mind for enterprises

  • Legacy modernization is often ignored or sidelined

Modernization is critical for the success of digital initiatives

  • There are several approaches to legacy modernization

Legacy modernization offers tangible benefits

  • Success of a modernization effort hinges on several factors

Appendix

  • Methodology
  • Further reading
  • Author

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