Where to start modernizing your legacy portfolio



    It should come as no surprise that the COVID-19 pandemic has forced businesses to re-evaluate their relationships with technology. A recent report found the pandemic has fast-tracked many UK company’s digital transformation efforts by over five years, with 96% noting plans have drastically sped up. At first, moving at such a pace is daunting, especially with the background noise of real life unfolding.

    About the author

    Michael Coté is Staff Technologist at VMware Tanzu.

    While the drivers are not welcome, the need to accelerate has forced many organizations to change how they think of and work on software. It has also made companies prioritize what software they work on, and then do it quickly. There has been no time for complete, perfect portfolio and business opportunity analysis. When you don’t have urgent clarity on what needs to happen, you tend to drift from one thing to another. A recent PwC survey demonstrates the power of clarity as well. Underlying the important role that technology has played during the pandemic, the report highlights that 52% of firms are planning to cut or defer investment because of COVID-19. This drops to only 9% of businesses making cuts in digital transformation budgets. As with emerging technologies like AI, app modernization projects can’t be undertaken ‘for the sake of it’. They have to serve a business purpose and support the entire organization. For instance, a recent study found that 57% of EMEA businesses recognize the role of modernized apps in enabling employees to work remotely.



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