Cloud Modernization of Application
Certainly, the post-pandemic market experiences a continued disruption in the business sphere as a ripple effect of pandemic disruption. During the COVID pandemic, as a result of the uncertainties, new demands arose for a location-independent, nimble, digital, and scalable IT environment that was heavily reliant on collaborative platforms to serve customer needs. These demands, in turn, demanded the modernization of applications that runs the shared environment. This acted as both risk and/or opportunity based on the readiness of the entity.
As said above, the effect of disruption is unequal and dissimilar among various entities. Because the business risks were either inflamed or damped, based on the preparedness of its legacy technology. Though there is a long-standing cue for modernizing business processes and applications, it has gained traction in recent years. The prime focus of the modernization is on making monolithic and on-premises applications adopt cloud-native architecture.
A study found that almost all the companies that migrated over 50% of their systems to the cloud and are equipped with sophisticated applications have financially outperformed their competitors. This shows that to stay productive, agile, and relevant in the changing business environment, adopting the cloud is inevitable. Hence, system migration and the modernization in the cloud have become critical in keeping up businesses’ competitiveness.
Cloud migration also provides additional benefits such as increased speed of new feature delivery, cost reduction, upscaling customer experience, etc. To achieve a successful the modernization, the right strategy should be designed, keeping in mind the business goals of the organization. Approaches that treat one size fits all face lots of bottlenecks. Because transformation is both difficult and time-consuming. Though it sounds simple like pack and shift, the actual migration has significant constraints. So the market is now moving toward a client-specific approach that benefits due to the following reasons:
Though reinvention and re-imagination are continuous processes in the ever-changing technological sphere. However, with recent rapid advancements, it has come to the point where an organization may be out of the competition if it does not keep up with the change. To outshine its competitors, a company should keep its IT landscape modernized via the cloud to keep it agile. This not only makes an organization technologically fit but also allows it to scale up its business capabilities and act dynamically in the changing business environment.
Any transition is expected to be smooth and seamless without hindering the current business functions. Changepond has successfully helped many such transformations.
Modernizing a legacy application, the data associated with it, and its infrastructure, features, and architecture is an $11 billion market projected to grow to around $25 billion by 2025. 
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