Discover the top 6 benefits and unlock the power of business growth with platform modernization
Trying to work within rigid, inflexible infrastructure and solving business problems with decades-old technology can be challenging. Even if you spend money to fine-tune an outdated system, the performance only improves slightly. Therefore, it is better to consider platform modernization. Keep reading to discover how platform modernization helps businesses.
Meet Customer Expectations
- Customers expect the best digital experience that continues to improve. To meet and exceed customer expectations, organizations must be flexible to adapt new features that the customers will likely choose.
Unfortunately, aging systems are not well-equipped to accommodate the rapid iterations crucial to continuously enhancing the customer experience. This is where platform modernization comes to the rescue. It allows organizations to focus on regular product enhancement and quickly meet evolving customer expectations.
Generates Stable Revenue Streams
- Another compelling benefit of platform modernization is revenue generation. It helps businesses boost their revenue generation and performance. Organizations must add new processes or services that will improve the top line.
This provides growth opportunities for businesses. However, legacy products fail to offer the same flexibility as modern applications. In addition, bringing new revenue-generating features to market on outdated platforms is slow and increases the likelihood of being beaten by a competitor.
- Cloud-based applications are designed using microservices architecture and delivered with the help of containers. They can be run anywhere from on-premise to public cloud and a hybrid environment. However, the industry has been tremendously involved in enterprise software development over the past few years.
As a result, organizations are switching from monolithic architectures to microservices and containers for building applications. Adopting new technologies has several benefits for organizations. For instance, it allows them to deploy applications more quickly while improving performance and reducing overall expenses associated with legacy system maintenance.
- Outdated systems and applications likely contain unknown security vulnerabilities that can lead to data loss and downtime. On the other hand, modern applications receive regular upgrades and bug fixes that protect against new threats. Therefore, opting for modernized software is the perfect solution to protect and grow your business.
Improves Functionality Of Existing Applications
- Outdated platforms make it challenging to perform complex tasks involving two separate applications. On the other hand, application modernization makes it easy to streamline the process. For instance, manual work is required to extract information from a legacy application. Employees must extract the data through files or directly from the database.
Once the required data is obtained, it is added to a modern processing infrastructure and combined with data gathered from other sources. The manual nature of the task prevents employees from making real-time decisions. Modern applications enable you to make these decisions quickly. In addition, it improves how your technology stack integrates with other systems.
Boosts Business Performance
- Another way platform modernization helps businesses is that it enables organizations to add or remove resources depending on their demand conveniently. However, companies using outdated platforms find it hard to scale their performance and encounter frequent issues.
Thus, hindering your organization’s ability to innovate and flourish. Platform modernization sets the stage for improving business productivity by updating the infrastructure and existing platforms. Therefore, companies must adopt platform modernization to reduce technological gaps.
Are you ready to modernize your platform, technology, and processes? Call Micro Strategies at their toll-free number, 888-467-6588. We have a set of solutions geared toward deploying platforms that meet the reliability, performance, and cost requirements for today’s modern workloads. We are located in New Jersey, Pennsylvania, New England, and New York.