360Quadrants, the world’s only comparison platform that combines expert analysis with crowdsourced reviews, has released a quadrant on application modernization to help businesses make quicker and more informed decisions.

Application modernization services pertain to the transformation of legacy applications to optimized, modern applications or platforms. The major components of these services include assessment, migration, integration, replatforming, rehosting, recoding, rearchitecting, reengineering, remediation, and replacement & retirement.

Access Full Report at https://www.360quadrants.com/software/application-modernization-services.

The application modernization services market report has been segmented on the basis of service, organization size, industry vertical, and region. The services segment includes application portfolio assessment services, application migration services, application replatforming services, application integration services, post-modernization services, and user interface modernization services. The organization size segment includes small & medium enterprises and large enterprises. The industry vertical segment comprises BFSI, healthcare, IT & telecom, retail, manufacturing, government, and others (education, automotive, and travel & transportation).

Accenture has been identified as a visionary leader in the application modernization space given its extensive product features, high product quality, reliability, suitable channel strategy, and wide geographical footprint. 360Quadrants also lists competitors of Accenture in the application modernization space.

Application modernization offerings from Accenture aim to deliver valuable insights and intelligence from data. The company has an established product portfolio with a robust market presence and business strategy. Some of the major developments of the company in the application modernization space include:

• Accenture Formed Strategic Alliance with financial software firm Zafin to acquire Professional Services Assets

Accenture formed a strategic alliance with a Canada-based leader in financial services software. This agreement is expected to enable Zafin to develop financial services software in the market and strengthen its ability to help financial institutions improve their digital service programs and upgrade legacy information technologies.

• Accenture set up Liquid Studio in Argentina to help clients accelerate digital transformation

With increasing technological advancements, Accenture launched Liquid Studio in Buenos Aires to help clients grow their business. Over 25 technological specialties work together with clients in this studio to build innovative solutions with speed and agility. These professionals work with various technologies and contemporary development approaches powered by DevOps, thereby reducing the working time from a month to a week or just a few days.

• Accenture Entered into an alliance with nCino to help financial institutions in Asia Pacific and EMEA to increase business profitability

Accenture and nCino entered into an alliance to expand their geographic scope. This alliance is expected to help financial institutions in Asia Pacific and Europe, the Middle East, and Africa (EMEA) adopt nCino’s cloud-based digital banking solutions.

• Accenture and Oracle launched integrated technology and services platform for utilities to help clients improve customer relationships

Accenture and Oracle released a services platform and an integrated technology for utilities. The Accenture Customer Experience as-a-Service Utilities Platform helps utility companies improve customer-employee relationships by incorporating the latest Oracle technology, while simultaneously reducing risks related to project implementation and cutting down software integration costs. The platform combines Oracle Utilities and Cloud offerings, and Accenture’s utility solutions.

About 360Quadrants
360Quadrants provides opportunities to all stakeholders, thus reducing prejudice. Vendors get to win ideal new customers, customise their Quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. 360Quadrants aims to simplify and de-risk complex purchase decisions by providing buyers with real world insights from their peers, industry experts, analysts, and the vendors, helping buyers make more informed decisions and finding the best-fit solutions faster. Experts get to grow their personal brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.
Contact [email protected] for further information/ details.