Applications Decommissioning
Due to the rapid advancement in the IT sector, growth in the number of new inventions and better technology is inevitable. Almost every company is rapidly adapting to the new changes. But even with the adoption of better technology and software, old applications continue to be maintained and preserved.
As per recent research, it was found that many firms spend more than 70% of their IT budget on maintaining these legacy applications in “read-only” mode, due to data preservation and regulatory requirements.
This is because these legacy applications contain historical information that frequently needs to be preserved for both commercial and legal, compliance, and regulatory reasons. However, the real issue arises with the money required to maintain the outdated software. This is where application decommissioning comes into play.
What are Applications decommissioning?
Application decommissioning is a planned method for strategically retiring expensive and out-of-date legacy applications—while maintaining business requirements or compliance standards.
Application decommissioning consists of a series of actions to guarantee that the appropriate data is maintained, in the appropriate business context. This action ensures that the data is still useful to business users long after the legacy application has been retired or disposed of.
The application portfolio is thoroughly examined to determine the top candidates for decommissioning. The ideal prospects have useful data that must be kept for a long time, providing longer-term cost savings, while not being unduly technically challenging to work with.
Then, it makes use of cutting-edge technology to extract data from challenging legacy environments and preserve it in a central repository that is both accessible and fully acquiescent. As part of this, all security, privacy, retention, and other compliance regulations must be upheld in the central repository, as well as keeping a complete chain-of-custody audit record of the data as it is extracted and transformed.
Why is Application Decommissioning needed?
Upgrading and accepting new technology is inevitable. It is the need of the hour to keep up with the dynamic world we live in. Legacy systems not only draw companies back but also require large amounts of money to keep them running. The reasons why every firm should adapt to application decommissioning are:
- need for systems that are more related to product strategies and objectives,
particularly those that can quickly adapt in response to shifting market conditions. - be able to handle modern languages, architectures, analytics tools, and overall digital transformation activities with systems that are cloud-ready and can support them.
- be able to better integrate with new mobile settings, which are becoming more and more the main customer touchpoints.
Benefits of application Decommissioning
There is a huge business and security risk with keeping legacy systems alive and storing valuable data in the. It may also be possible that there may come a time when retaining legacy software will no longer be possible. Application decommissioning makes sure that firms never face such an issue. So getting application decommissioning is the best thing you can do for your business.
Data governance and new data regulations have led businesses to pay more attention to their data management systems and forced them to dispose of risky and primitive software. Hence, staying compliant with all such data regulations and laws becomes a much-needed process.
The cost of maintaining legacy applications continues to rise and leads to a heavy strain on the company budget. These funds can then be allocated to expanding your business and services or allocated to any other more necessary task.
Due to the ineptness and inefficiency of legacy software, customers are left out of having a valuable customer experience. Application decommissioning makes sure customers get the best service from you at a fast rate, and would also help in the growth of your brand image.
Decommissioning old applications would also free up IT staff from having to deal with issues on systems that don't have any strategic value to the company. It also lowers support costs, allowing the IT team to refocus on innovation rather than just "keep the ball rolling."
Application decommissioning, thus, is a valuable process that would allow your company or firm to cut down on unnecessary costs and take up the path for further innovation. It is a relatively simple process to get started. Without further delay, book your consultation session today to start on a journey of change, transformation, and growth.