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UPDATING LEGACY SYSTEMS Making the Financial Case for a Modernization Project

Updating Legacy Systems: Making the Financial Case for a Modernization Project

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UPDATING LEGACY SYSTEMSMaking the Financial Case for a Modernization Project

When It Comes to Legacy Systems...

Age Is Just a Number.

A True Legacy System Is any application that is difficult to update.

A two-year-old app can already be in a legacy state if it’s unscalable.

Signs Your Working with a Legacy System:

Aging Infrastructureare you buying replacement parts on eBay?

Obsolete Programming Languagedo new developers know your tech stack?

No Vendor Supporthave vendors stopped supporting applications you use?

Disproportionate Costdoes it cost more to maintain than to replace?

Making the Financial Case for a Modernization Project

Many Companies Put It Offeven when they accept the limitations of the legacy system.

It can be a hard sell to replace functioning systems.

But The Longer It Is Put Off...

The More Expensive It Becomes.

Replace Before It’s a Liability

Legacy Systems Are Vulnerable to Malicious Attacks...

because of unpatched or unsupported software, hardcoded passwords, and limited upgrades.

A Security Breachcan impact your bottom line.

Depending on the scale of the breach, you could lose customers, partners, licenses, and contracts.

You Need to Update...

When Your Business Needs Change.

A company merger or new compliance measures can force changes.

If you chose an enterprise solution 5 years ago, it may not be meeting current needs.

Reduce Long-Term Costs by Modernizing

It’s Expensive to operate and maintain legacy systems.

Time spent interacting with a slow and buggy system cuts down on overall productivity, which costs money.

If IT spends most of their time fixing bugs, then it’s time to replace.

Q: Do you want your developers writing new product features or fixing bugs?

A: (rhetorical question)

The Sooner Your Replace the less expensive it will be for the transition.

Integration Means Better Data

Siloed Applications Can’t Scale.

Integrated IT systems increase visibility across the organization by providing a uniform data pool.

Better data makes your company more competitive.

Increase Efficiency with Mobile

Your Staff Is On the Move...

and if your system cannot be accessed from mobile devices, then you team is not as productive as they could be.

Cloud Connectivitymeans real-time data and reporting features.

Affordable options make cloud computing attainable for companies of all sizes.

Improve Employee Recruitment & Retention

Older Techmakes it harder to find developers with the knowledge or willingness to work for your company.

Even non-technical people want to work with the latest applications because they are user-friendly, fast, and integrate with other applications.

To compete for the best talent, you need to invest in system upgrades.

Build Technical Wealth

Not Technical Debtby carefully planning the modernization project.

Invest In Your Teamand plan for appropriate training.

Augment Your Teamwith experienced developers.

Outsource Part of the Workwith highly-skilled consultants.

Take Steps to Ensureclearly written code and good documentation.

Build & Runautomated tests, and design the system for integration.

Choose the Right Development Partner

If You Need to Outsource, Remember...

You Will Be Working With This System For Several Years.

Invest In The Right Partner and make sure you are happy with the finished product.

Let’s Talk.

ILM Professional Services provides expert development advice to companies in Minnesota.

We have experience with all aspects of modernization projects.

We can help you with a variety of development initiatives, from an architectural review to a full strategy design and application launch.

Visit ilmservice.com or call (952) 960-2220 to learn how we use development to drive business innovation.

(952) 960-2220 | ilmservice.com