360Quadrants,
the world’s only comparison platform that combines expert analysis with
crowdsourced reviews, has released a quadrant on application modernization to
help businesses make quicker and more informed decisions.
Application modernization services pertain to the transformation of legacy
applications to optimized, modern applications or platforms. The major
components of these services include assessment, migration, integration,
replatforming, rehosting, recoding, rearchitecting, reengineering, remediation,
and replacement & retirement.
The application
modernization services market report has been segmented on the basis of
service, organization size, industry vertical, and region. The services segment
includes application portfolio assessment services, application migration
services, application replatforming services, application integration services,
post-modernization services, and user interface modernization services. The
organization size segment includes small & medium enterprises and large
enterprises. The industry vertical segment comprises BFSI, healthcare, IT &
telecom, retail, manufacturing, government, and others (education, automotive,
and travel & transportation).
Advanced
Computer Software has
been identified as an innovator in the application modernization space given
its extensive product features, high product quality, reliability, suitable
channel strategy, and wide geographical footprint. 360Quadrants also lists competitors
of Advanced Computer Software in the application modernization space.
Application
modernization offerings from Advanced Computer Software aim to deliver valuable
insights and intelligence from data. The company has an established product
portfolio with a robust market presence and business strategy.
By entering into a
definitive agreement to acquire Modern Systems—a legacy modernization
leader—Advanced is rearing for growth in the fast-expanding application
modernization market.
Modern Systems provides
modernization solutions for legacy application source code, platform, and data
transformations across the globe. As per the agreement’s terms, Advanced stands
to acquire all shares that are currently outstanding.
Since 2016, Advanced and
Modern Systems have partnered and collaborated on several projects. Modern Systems specializes in the assessment
and automated conversion of true legacy environments, as well as the
transformation of applications to modern environments. Modern also leverages
its Modernization Platform as a Service (ModPaaS™) solution for guiding
customers to cloud-optimized, cloud-ready, and cloud-native states.
Once applications are
converted, Modern Systems can rearchitect them to take complete advantage of
macro and microservices architectures. Modernization of applications is a core
growth area for Advanced, and the acquisition of Modern Systems furthers that
objective. Advanced currently collaborates with large corporations worldwide
for major modernization projects, including ProRail in the Netherlands.
Advanced is working with GT
Software to remove modernization barriers for British customers operating in
IBM mainframe environments
Advanced and GT
Software have signed a reseller agreement with an aim to boost the former’s
comprehensive range of solutions for modernization and integration.
US-based GT
Software is a specialist in the modernization of IBM mainframe and also works
in the development of Ivory Suite, a no-code drag-and-drop service that can
easily create API integrations for IBM mainframes. Within the UK, Advanced will
be the exclusive partner for delivery as well as support.
This
partnership gives Advanced
a boost in its application transformation and integration capabilities,
which allows large businesses to address legacy challenges as well as to
understand, transform, integrate, modernize, and optimize or realize the
potential of legacy applications by successfully migrating them onto modern
platforms.
Ivory bolsters
the existing software and services portfolio from Advanced and perfectly complements its
existing Application Modernization portfolio that is focused around its App
Integrate solution. While the partnership initially focuses on UK operations,
it has scope for expansion to the whole of Europe.
Through acquisition of
Canadian firm, Advanced aims for international growth
