LEGACY TECHNOLOGY
Looking ahead Making the jump from an outdated infrastructure to a more modern digital system cannot happen overnight. Creating the infrastructure that empowers a business to innovate at speed and scale involves a profound transformation across the levels of people, process and technology. Yet, some businesses, afraid that legacy systems are driving them towards obsolescence, attempt to suddenly pivot to a new architecture. This can lead to the new system being rushed and poorly integrated. Transitioning away from legacy tech should and can be achieved in a safe and cost-effective manner. To reap the benefits of a more modernised digital infrastructure, companies should take a business agility approach to updating their tech stack. By taking incremental steps that lead from one goal to the next in a linear manner, businesses can gradually advance the long-term, sustainable tech objectives that will secure their place in the future.
not remain immutable. Reliance on legacy systems means that a company’s outdated tech will be based around outdated financial and data protection legislation. Therefore, when an enterprise refuses to update their tech and software they risk becoming non- compliant and breaching the law. Creative stagnation and lost opportunities Relying on dated technology limits the pace at which an enterprise can innovate. If a company does not have the best possible infrastructure to help it improve and iterate its products and services, these will fall short of the mark in comparison with competitors’ more cutting-edge offerings. Furthermore, businesses utilising older systems also miss out on certain features that improve the user and customer experience, exacerbating the negative impact on their business. For example, ecommerce merchants that rely on legacy systems might not be able to support handy additional utilities for potential consumers, such as one-click payments or smart data analytics.
Creating the infrastructure that empowers a business to innovate at speed and scale involves a profound transformation across the levels of people, “
process and technology.
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