The importance of aligning IT more closely with your current business needs cannot be emphasized enough. Companies today spend countless hours—and most of their tech budget, on keeping their legacy systems running. It’s like trying to keep an old, outdated car that has done its time running. While the car may still be mobile, it lacks modern features, is horrendously slow, and requires a good amount of your time and money to stay on the road. Wouldn’t you be better off just buying a new car?
This is exactly how organizations and IT teams need to think about their legacy systems. The good news is that most CIOs are already doing that. According to a survey, legacy systems were the top concern for the over 800 CIOs polled, with more than half of them planning to improve IT infrastructure to overcome problems in legacy software.
Issues and Challenges in Modernizing Information Technology
While it can be hard to part with hardware or software that you have gotten used to, eventually you have no choice but to modernize your technology. While modernizing an organization’s systems is a good thought, it can be a bit of a challenge. This is especially true if your current technology has existed for more than a decade. While you try to carry out the modernization process, you are likely to come across several challenges and issues. Following are some of the most common challenges and issues in modernizing a legacy system:
1. Organizational Change Management
Streamlining the modernization process requires a new set of equipment and training sessions that teach about the new platform.
2. Co-Existence outdated Systems and New Systems
Generally, migration of data to the new platform from the outdated system would be carried out in phases rather than at once.
Also, validation will be required for several operational activities.These include bringing in new systems during the interim phase and providing data duplication, complete business coverage with fully serviceable overlapping functionality, and temporary systems for bridging legacy. This can be a challenge on its own.
3. Significant Modernization Costs and Duration
You need to make significant investments and dedicate a considerable amount of your time to modernize a critical new technology to your business. A complex system in an organization could take years to modernize, and then there’s the risk of encountering unforeseen circumstances in the process.