A Comprehensive Guide to Product Modernization

A Comprehensive Guide to Product Modernization Helping ISVs Help Their Clients Achieve Digital Transformation

If you sell enterprise technology, you know as well as anyone that we live in a world of exponential change. The enterprise technology world races to keep up with the consumer world. Your customers, those enterprise IT and business leaders, are filled with an increasing sense of urgency. And it all comes to you. In a 2017 study by Oxford Economics, 84% of executives surveyed said digital transformation is critical to their survival in the next five years. But only 3% have completed company-wide transformation efforts. You can help your customers get there. Yet meeting your customers’ ever-changing demands is near impossible if your own technology isn’t built to be flexible an adaptable in a modern world. So for many software and platform companies, product modernization is essential. It’s essential to driving top line growth, bottom line efficiency and maintaining a competitive edge against a new generation of digital natives. After all, as your clients pursue digital transformation in response to their own competitive pressures, they’re going to do it with a partner whose software and/or platforms are modern. Where to begin? Are you nodding your head in agreement? You know this pressure. You understand these challenges. And you are ready to grab these opportunities. But where to begin? Should you modernize incrementally or modernize all at once? Can you avoid solutions that breed more complexity? Is it possible to identify and fix weaknesses in your existing technologies without bringing in greater risk? Is your product modernization journey going to be an end-to-end trek or will you customize the sequence and scope to your organization’s specific needs? How do you even begin to do that while keeping existing systems up and running? The questions can be overwhelming. The answers can be liberating. What you need is a guide to help you on the journey. Reading our new e-book, A Comprehensive Guide to Product Modernization will help you identify where you are today – your current state. The eBook also guides you through various paths in the modernization journey, helping you navigate the risks and directing you towards opportunities at each stage of modernization. Get your e-book: A Comprehensive Guide to Product Modernization Take a sneak peek inside the e-book The #1 reason for architecture transformation is future-proof agility. Achieving true long-term scalability and flexibility to adapt as technologies change can often necessitate architecture transformation for your software product or platform. A few of the elements that a modern architecture might include are:

• Reactive architecture
• Microservices
• Polyglot persistence (i.e., multiple forms of persistent data)

Some of the key questions you might consider are:

• Are you transforming incrementally or all at once?
• What are the new sources of complexity and potential points of failure?
• Does your team have the skillsets to implement a new architecture with the least disruption?

The answer often depends on which modernization approach you choose —rehosting, refactoring, or rebuilding—all come with different timelines and tradeoffs.

Get the e-book to learn much more about the opportunities and considerations associated with architecture transformation – and all the other stages of product modernization. Learn more Request the e-book to get to know the six stages, in the Product Modernization Journey, including key drivers, what to expect when you get there and key questions to ask before you go:  A Comprehensive Guide To Product Modernization.