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).

IBM 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 IBM in the application modernization space.

Application modernization offerings from IBM 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:

• IBM and VMware entered into a partnership to increase enterprise hybrid cloud adoption

IBM and VMware, Inc. entered into a partnership to help increase the adoption of hybrid cloud for VMware solutions across enterprises. This partnership helped a number of enterprises to adopt IBM Cloud.

• IBM launched hybrid cloud offerings

IBM launched new hybrid cloud offerings to help businesses seamlessly manage applications and workloads with security across any IT environment. The IBM Cloud Integration Platform connects applications, solutions, and services from any vendor regardless of environment, whether on cloud or on-premises.

• IBM announced new cloud integration technology
IBM announced new IBM Cloud Integration technology that gives clients access to business data from varied sources regardless of the environment.

• IBM released the first multicloud management technology in the world

IBM launched a new open technology that helps manage apps across varied cloud computing infrastructures. An operations console is provided by the IBM's Multicloud Manager for companies as they incorporate public and private cloud capabilities along with existing on-premise business systems. The solution increases the ability of businesses to manage workloads on clouds from various providers.

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