Enterprise application modernization is actually a methodology for improving an already existing enterprise application to match new emerging business requirements. To that end, it entails the transformation of an already mature software application to a more web-oriented application. The application can be made more flexible to accommodate changes in the fast-paced world of business and open source low code application development platform. It may also entail the integration of different software applications or the development of a new one.
There are two perspectives on enterprise application modernization that are applicable to various organizations and technologies. These are platform and platforming. Both have distinct advantages, though the choice usually depends on the kind of technology that is used as well as the resources of the organization and benefits of Rapid application development platform.
For businesses that use mobile devices for accessing the Internet and business data, it is beneficial to utilize a hybrid app platform. This is because the existing systems are already equipped with necessary software components that can be integrated with the hybrid app. This is what allows the existing systems to be updated without requiring the programming or code changes on the user’s end. Thus, users do not have to wait for an application update unlike what happens with the case of legacy products.
Enterprise app modernization using the hybrid approach has the potential to significantly reduce the total costs of implementing the same. But there are some disadvantages associated with this approach as well. Mainly, this requires the replacement of existing systems and installation of new applications. In addition, while a lot of IT professionals are comfortable in the process of migrating legacy products to the modern platform architecture, others are not so familiar with the process of developing a new application using the same technologies.
Enterprise data modernization using a single architecture solution is also known as SinglePAQ. This process can help enterprises achieve two objectives – converging enterprise data from legacy systems and reducing operational costs due to streamlined processes. While the approaches differ in several ways, both have the potential to significantly reduce IT costs with the combined solutions.
Business process management or BPM is one of the most important concepts when it comes to enterprise application modernization. A BPM process is characterized by three key stages – planning, strategy, and implementations. The planning stage is considered the foundation of the whole BPM process.
This is where the business owner decides about the product cycle, development strategy, and business strategy according to the requirement of the application.
Information management also plays an important role in the overall BPM process. This is considered the second step in the application modernization process. Information management includes data warehousing, information governance, and information modeling. The third and last step is implementation which is largely concerned with how the new technologies are implemented into the enterprise. This is why companies resort to the use of Information Technology implementation service providers (ITIS).
Enterprise application change management is incomplete without strategic information and data integration. Strategic information refers to the business strategic processes that guide the organization’s transformation towards a smarter and a more competitive company. Data integration is the integration of different software into an enterprise platform. There are many data integration strategies that companies use – such as ERP, enterprise data management, client-side databases, desktop software, and web data integration. Each of these strategies requires a lot of time and effort and companies cannot rely on just any organization to handle them.
Businesses need to consider whether they want to completely replace their current application architecture or if they can enhance it. Many companies believe that an enterprise can never be transformed from scratch – especially when they are facing fierce competition. However, some firms may be able to successfully transform themselves by improving upon their current architecture and integrating it with strategic information. Such enhancements may include the implementation of new information security measures, implementing business intelligence tools, and adding new capabilities to the existing application architecture.
There is no universal solution for application modernization. It depends on the needs of the organization, its existing business rules, Mendix vs outsystems vs powerapps vs wavemaker pricing and the resources available to the organization. This is why companies should hire a strategic business consulting firm that can help them decide what to do about their current enterprise architecture. Some companies opt to completely replace their old business rules and software applications with a new model. However, there are other companies who look at the problem of application modernization as a way to integrate changes into the business.
Companies must be very careful not to replace too much of their current system when they are undergoing application modernization. This could lead to the loss of critical data and the inability of the company’s systems to process information. The most important part of any application modernization project is to make sure that the change impacts as few people as possible. This means that the change must be easy for the people affected to understand and adapt to. Most of the time, companies who are in need of an application modernization can save money by hiring the services of a consultant who has experience in this field.