By Sanjeev Azad, Head of Technology, GlobalLogic APAC
The business landscape is evolving rapidly, and digital transformation has become a necessity rather than a choice. Organizations are under immense pressure to retire technical debt incurred by the continued use of legacy applications. To navigate this complex challenge, they increasingly turn to Independent Software Vendors (ISVs) for their expertise in driving innovation and creating effective solutions. Today, ISVs are at the forefront of revolutionizing legacy systems by employing various strategies like cloud migration and integration with Artificial Intelligence (AI) and Internet of Things (IoT) technologies. By partnering with ISVs, businesses can experience enhanced efficiency, further driving improved customer experience.
The digital ecosystem innovations have brought about significant changes in the way businesses operate. With the advent of new technologies, organizations realize the need to transform their outdated applications to stay competitive. This is where ISVs play a crucial role. ISVs are experts in utilizing technology and innovation to update outdated applications and help businesses succeed in the digital age. ISVs employ a range of strategies and approaches to transform legacy systems into modernized, agile platforms. One such strategy is cloud migration. By moving applications to the cloud, businesses can benefit from increased scalability, improved performance, and reduced infrastructure costs. They help organizations identify the best cloud solutions and facilitate a seamless transition.
Another strategy is the integration of AI and IoT technologies. By harnessing the power of AI and IoT, ISVs enable businesses to automate processes, gather valuable insights, and deliver personalized experiences to customers. This integration revolutionizes how organizations operate, improving efficiency and enhancing customer satisfaction.
ISVs of today: Catalysts for change
Digital transformation and application modernization are two key trends influencing ISVs today. Due to the widespread digitization imperative, organizations are facing increasing pressure to retire technical debt arising from the continued use of outdated applications. According to McKinsey’s research, technical debt accounts for up to 40% of the technology estate for many organizations. As a result, ISVs are being called upon to support and enable digital transformation and application modernization across the board. This presents a significant opportunity for ISVs to leverage their expertise and drive innovation.
Modernizing legacy applications is a complex process that often exceeds the capacity of available talent within organizations. However, ISVs possess the necessary capabilities to undertake this crucial task. Legacy on-premises or data center-based solutions are often transformed into cloud-native solutions. Cloud migration offers numerous benefits, including improved scalability and the ability to leverage advanced technologies like AI and IoT. By partnering with ISVs, businesses can modernize their applications and enhance their functionality and performance.
Ensuring Reliability and Performance
Comprehensive testing is another critical aspect of modernization. Quality assurance testing and regression testing place a heavy burden on ISVs. Recognizing the need for efficiency, leading digital enterprises are increasingly prioritizing automated testing, as revealed by a recent survey. ISVs play a crucial role in implementing effective testing strategies to ensure the reliability and performance of modernized legacy applications. Leveraging their expertise, ISVs alleviate the testing burden on businesses and streamline the overall modernization process, delivering robust and high-performing applications.
While the role of ISVs in driving the digital transformation of legacy applications is crucial, organizations must have a well-executed strategy in place. A well-thought planned and executed digital transformation strategy enhances the chances of success and minimizes potential challenges. By closely collaborating with ISVs, businesses can define clear goals and objectives, align technology investments with business priorities, and build a scalable and agile infrastructure. Partnering with independent software vendors (ISVs) is absolutely essential for organizations to thrive in today’s fast-paced business landscape. It is imperative that they adapt quickly and capitalize on digital opportunities.
Paving the Way for a Digital Future: Collaboration for Success
By leveraging cloud migration, AI, IoT, and other advanced technologies, ISVs can enable businesses to modernize their applications, improve efficiency, and enhance the customer experience. However, success hinges on a well-executed digital transformation strategy. Organizations must recognize the importance of partnering with ISVs and investing in digital transformation to stay competitive in the digital era. Adopting digital transformation and collaboration with ISVs is crucial for paving the way toward an agile, efficient, and customer-centric future for businesses. Together, they will undoubtedly shape and conquer the digital landscape, ensuring long-term success and growth in the digital era.
