IDC predicts that by 2025, 750 million cloud-native applications will be built. The deployment of these applications will have a significant impact on time to market and value realization. Enterprises are faced with the challenge of maintaining and modernizing existing infrastructure while also delivering new cloud-native features. Three out of four executives have reported disparate systems within their organizations, along with a lack of skills, resources, and common operational practices that hinder business objectives.
Executives understand the importance of modernization. 83% of IT executives believe that modernization is central to their organization’s strategy, but only 27% say that their organizations have modernized the necessary workflows, including applications, data, and underlying systems. CIOs who prioritize modernization are able to achieve greater returns from business transformation.
CIOs can facilitate application modernization through various factors
1. Access to new software innovation:
Software plays a crucial role in all industries, especially with advancements in AI, ML, Hybrid Cloud, and DevSecOps. Organizations must stay current with technology to innovate and meet evolving customer needs. Failure to adapt quickly to new innovations can lead to the disappearance of organizations from the technology landscape.
2. Improved speed and agility:
Rapid changes in the world require organizations to be flexible and agile. Increasing speed and agility can help organizations address key questions such as testing hypotheses, introducing features to the market quickly, pivoting efficiently, realizing value from innovation, and maintaining consistent innovation while delivering value.
3. Value delivery and reduced business cost
Reducing production costs and aligning with new business goals sooner can drive agility. Automation can help speed up feature launches, improve feedback loops, reduce waiting times, and enhance the overall quality of platforms and processes.
4. Reduced risk and technical debt:
Legacy applications pose risks due to longer release cycles and slow responses to changing customer needs. Failure to modernize can lead to increased downtime, technical debt, and high costs. Addressing technical debt through modernization can help organizations reduce risks and improve their technical infrastructure.
5. Developer Experience:
Enhancing developer experience can lead to better customer experience. Establishing platform teams and improving developer tools and processes can make organizations more agile and responsive.
Adopt the right technology and tooling for success
IBM Cloud Pak for Applications (CP4Apps) offers a range of hybrid cloud application services to support deployments, building new cloud-native applications, and modernizing existing applications. CP4Apps provides benefits such as integrated products, AI-powered tools, and a Kubernetes-based platform to aid in application modernization.
IBM Cloud Pak for Applications includes runtimes, frameworks, application modernization tools, and a Kubernetes container platform to support modernization efforts. For example, IBM WebSphere Liberty is a lightweight and fast Java runtime that offers benefits such as faster start times, zero migration, compatibility with diverse architectures, and increased productivity.
Cloud Pak for Applications customers have reported significant benefits from using Liberty for their modernization initiatives. Work with us to transform your application landscape in line with your business goals.
Start your continuous modernization journey now with Cloud Pak for Applications
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