This report identifies key demand-side trends in the application modernization services space, helping enterprises fine-tune their application modernization strategies. It provides an overview of key trends and enterprise challenges that Avasant sees as important to be in this space.
Growing demand for resilience and availability, the shift toward hybrid and multicloud strategies, and the emphasis on business-driven outcomes are requiring enterprises to modernize applications incrementally. The need for data integration and insights, improving compliance and security posture adds to the cause. Organizations are increasingly testing and using generative (Gen) AI in their application modernization initiatives. Gen AI is applied in use cases such as legacy code conversion, test case generation, and monolithic to microservices architecture transition. However, outdated technology stacks and architectures are constant challenges that demand multipronged modernization strategies involving the 6Rs. Additionally, inadequate organizational communication and poor governance processes can hinder the efforts.
The Application Modernization Services 2024 Market Insights™ report aids enterprises in identifying important market trends and challenges for any application modernization project that they take part in.
The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives; targeted discussions with service providers, subject matter experts, and Avasant Fellows; analyst insights from primary and secondary research; and lessons learned from consulting engagements.
About the report (Page 3)
Executive summary (Pages 4–7)
Demand-side trends (Pages 8–12)
Key contacts (Pages 13)
Read the Research Byte based on this report. Please refer to Avasant’s Application Modernization Services 2024 RadarView™ for detailed insights on the service providers and supply-side trends.
Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.
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