Blog | Risks and Challenges of Legacy Systems: Why to Modernize?

Risks and Challenges of Legacy Systems: Why to Modernize?

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Organizations still running legacy systems are losing on the benefits of modern technologies and lagging behind their competitors in the digital race. Embracing digital transformation is vital to increase revenue, performance and productivity.

Legacy systems are roadblocks to digital transformation for many organizations as they are outdated, old, impossible to integrate with new platforms, independent and not compatible with other data systems. Businesses with significant resources, such as companies or government organizations, are still more likely to depend on legacy systems, platforms or technology for multiple reasons.

Using and maintaining a system that operates independently of others can only slow a company’s productivity. Replacing legacy systems is a complicated job as they are a fundamental requisite for businesses. But despite of its complexity, migration can prove life-changing for businesses. Integrating legacy systems into the cloud provides a more secure network, flexibility, scalability, and ability to use new technologies and boosts business revenue by cutting down the high operational and maintenance cost of legacy systems. Companies using legacy systems shall understand the risks and challenges involved in continuing their use and how it can retard their business growth.

Risks and challenges in keeping the legacy system

Let’s take a close look at the issues and problems of legacy systems that can harm your business’s growth if not addressed sooner.

The only constant in the field of technology is changes. New technologies are always cost-effective and designed to make operations faster, and easier with quick support and updates. This is not the case with legacy systems (software, applications, hardware); they are outdated – built as per older requirements and compatibilities, and struggle to keep up with modern operational demands. Newer staffs’ unfamiliarity with them as only fewer programmers know the required language makes it harder for developers to work with them. They are slow to update, weaker in performance and increase the whole system’s downtime making them expensive to maintain.
Soon comes a time when the company finds it cheaper to replace them than to maintain the existing system.
Data is a real asset of any organization, and developers work diligently for the cyber security of their company. As hackers keep seeking out the weakest entry points in solutions for data access, legacy systems can be an easy targets for security breaches if not kept up-to-date.
Legacy systems are more susceptible to security threats as it is hard to get the support from the vendors creating them in case of any security attack. Only few developers who know the old languages can handle the security issues with legacy systems; receiving their updates and patches to tackle the security risk is hectic as most of the outdated software support gets stopped from the makers after a period. Due to all these reasons, businesses using legal systems are more vulnerable to security threats as compared to the new systems.
The new systems are built considering the latest threats and are tough to crack. Organizations feel safer than most on-premise systems after moving to the cloud due to the stronger security capabilities offered by the cloud-native solutions.
In today’s digital world, everyone wants to access things faster; mobile phone has become a significant part of our life. Mobile allows accessing apps remotely, adding to more productivity and operational efficiencies. Businesses are taking advantage of this opportunity and creating mobile compatible apps to increase their reach and business.
Legacy software cannot be accessed through any devices than office computers and legacy applications are not mobile-compatible. This limits company’s productivity, reach, growth; adding more expenses required for traveling, infrastructure, work environment set up, and others.
Legacy systems are insecure and decrease employees’ productivity over time as new employees are unaware of this kind of system; which makes your business less competitive and hampers business efficiency. The problems in stability are visible when there is a lack of frequent support from the vendor making it difficult to fix bugs and patches.
As the company scales, software shall be able to change, update, grow and develop. One of the risks of keeping legacy software is that it will not adopt or expand as per evolving business needs.
To meet the demands of new technologies, big companies shall make their legacy software compatible with new applications; this can be achieved through migration. It is not uncommon for businesses to go for shortcuts and apply patches as emergency solutions for their legacy software; this can work only for a short time and then come back with big trouble. Your business needs will always keep evolving, and your systems will not be able to meet them.
You must set a working system compatible with business growth and open for updates with growing business demands. This cannot be achieved with monolithic or legacy systems as they are independent and incapable of integrating with other software. This impacts an organization’s flexibility and scalability and limits businesses from exploring and incorporating new technology into the existing system.
By embracing modern solutions, you can integrate more advanced software and solutions your organization needs.
In this competitive age, you must adopt new technologies to be ahead of your competitors. This is a digital era, where you will only lose your business opportunities to your competitors by using a legacy system. Customers will not stay loyal to you if you cannot provide a fast, easy, cheaper solution to their demands.
Customers come back to the applications that are user friendly and easy to use; adding too many features and functionality can make the applications complex and it may affect the customer’s experience resulting in losing their interest in using them. Businesses cannot retain their existing customers or attract new ones if they get a bad user experience for their products.
Legacy systems do not support advanced features, formats or designs and allows creating old, outdated structured forms which may not be appealing as compared to the latest, user-friendly, easy-to-use apps possible with latest technologies. With legacy systems, businesses can only design products with old formats or structures that customers are not willing to use.

The bottom line

Legacy systems in business are notoriously rigid, non-scalable, and a hurdle to success. They pose a series of problems to any organization making their progress stagnant. Problems associated with compliance, security, high maintenance expenses and integration can be eradicated by modernizing or replacing a legacy system. Restraining from investing in new technologies and sticking back to a legacy system will only hinder your business’s ability to compete and make the ground ready for your competitors.

Migrating to the cloud is one of the best means to stay competitive. If you are still unsure about why you should modernize, get in touch with our experts who can make it easy for you.

It is always good, to begin with a free consultation to know the roadmap to the cloud journey. Talk to our cloud experts to see how you can start your cloud migration journey and how we can help you get it done at a 50% discounted offer.

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