Harvard Business Review (HBR) reported that
29 percent of organizations attempting to address changing market conditions often react so slowly that they can’t seize opportunities.
Digital technology introduces tremendous opportunities, but it also creates enormous challenges. Simply put: business as usual is no longer enough. CIOs must lead an organization in driving value through differentiated products and services and an improved customer experience.
But achieving digital transformation is easier said than done. Many organizations struggle because conventional IT frameworks simply aren’t equipped to deal with today’s challenges. In order to remain competitive, organizations require a framework that’s fast, flexibile and scalable.
At the center of all this is an application modernization strategy. It helps an enterprise rethink and rewire processes to match today’s needs. Using this approach, organizations can act and react faster, operate more efficiently, reduce costs and complexity, and, ultimately, generate greater ROI.
Organizations often rely on dozens — sometimes hundreds — of different applications to navigate today’s business environment. While each application may deliver value, the collection of applications may not deliver the desired outcomes or it may create a new problem: how to manage, optimize and integrate systems to produce more efficient processes and workflows — while spurring innovation and igniting digital disruption.
Harvard Business Review (HBR) reported that
29 percent of organizations attempting to address changing market conditions often react so slowly that they can’t seize opportunities.
Lack of agility
HBR reported that
24 percent of organizations react quickly, but lose sight of company strategy. They simply can’t make critical changes that fit company goals.
Lack of foresight
Gartner has noted that deeper transformation can only be achieved at scale if it is systematically driven.
Lack of scalability
IDC found that 82 percent of companies struggling with digital transformation say their network performance and infrastructure lags.
Diminished performance
Data is the core of growth opportunies, but many companies suffer from data silos that hinder effective analysis and insights.
Data silos
It is estimated that, by 2020, 25 percent of cyber attacks will target IoT devices.
Security risks
45 percent of respondents to a Gartner study said that “application modernization” is a top-five priority. A major driver is struggling with limitations imposed by legacy apps.
Inability to integrate new applications and services
Simply moving to the cloud without an application modernization strategy will not solve rising TCO.
Increasing total costs
A successful enterprise balances people, processes and technology. To evaluate your application management framework you must first understand whether your process and existing infrastructure support an outcome-focused approach that centers on your business’ mission.
Application modernization involves re-factoring, re-purposing and re-architecting or consolidating applications to align tightly with business needs. It also includes an assessment of legacy apps to recognize if any are best changed, retired or eliminated. When it’s done right, application modernization delivers greater efficiency, agility, scalability and interoperability. Ultimately, it unlocks differentiated business value for your organization and your customers.
Rackspace Application Services provides a comprehensive set of professional services and application management capabilities that simplify and guide clients in the evolution of IT, helping transform applications into a differentiator for their company. Our IT as a service is intentionally built to be flexible so that, as a partner, we continuously modernize and adapt with our customers. RAS helps clients in their application modernization journey by preparing for future evolution as well as continuously adapting to achieve an optimized environment. Learn more at www.rackspace.com/application-management.