Application Modernization: How to Unlock the Future of Your Business
For CIOs looking to modernize their applications and free up funding for innovation, CSC offers four important insights.
75 percent of all existing applications will need to be modernized over the next three years.
Why? Because today CIOs face two serious challenges:
- The high cost of running older legacy applications portfolios leaves CIOs handcuffed, forced to spend roughly 80 percent of their total IT spend on simply “keeping the lights on.”
- At the same time, CIOs are under growing pressure from their CEOs and other C-level colleagues to build IT systems that empower the enterprise for agility, faster time to market, global coverage and competitive advantage.
The best way to address both these challenges is with application modernization.
CIOs must respond to the “consumerization” of the enterprise.
With markets changing faster than ever before, C-level executives are focused on agility — that is, dramatically increasing their ability to react quickly.
Agility is today being driven by what Gartner calls the “Nexus of Forces” technologies: cloud computing, social media, big data analytics and mobile. These four technologies are already being adopted by consumers. Now, CEOs and other C-level executives expect CIOs to include these consumerized technologies in the enterprise solutions.
Each organization’s application-modernization journey needs to be unique. It’s not “one size fits all.”
Because every industry and organization has unique needs, their application-modernization journey can start from many different points. CSC’s FuturEdge methodology addresses this by taking a holistic view that helps CIOs determine their best possible starting points.
CSC has created offerings that take CIOs all the way through shape, transform and manage. These include: the FutureEdge framework, a comprehensive portfolio of offerings, and an integrated road map.
Application modernization can substantially lower IT costs — which can then be reinvested for innovation.
Existing applications are where CIOs can drive out costs that they can then use for innovation. By moving to infrastructure as a service (IaaS), then to platform as a service (PaaS), and finally to software as a service (SaaS), CIOs can reduce their IT operating costs by as much as 30 to 40 percent. Similarly, by using the industrialized management as a service suite, CIOs can reduce the cost of running their IT environments by as much as 20 percent. These savings can then be invested in modernization that supports the business.