Applications Modernization and the cost of doing nothing
Technology evolves at an ever increasing pace and even the latest equipment can soon become obsolete. This is true for everything in the IT field, including software, processes, methodologies, and frameworks. Rapid change has caused many companies to hesitate before investing in modernization. This blog is focused on two key challenges facing organizations today: the need to modernize just to keep up with technology (and the competition), and conversely, the cost of doing nothing . Let’s compare the two extremes relative to technology: organizations that are early adopters of new technology and organizations that simply do not bother to upgrade technologically. The early adopters believe that by investing early, they will be better prepared to understand and capitalize on the benefits of new technology in the future, even if it does not deliver an immediate ROI. Those that wait might save money in the short term, but may be saddled with a dated, under-performi...