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.

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).

Oracle 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 Oracle in the application modernization space.

View Full Report @ https://www.360quadrants.com/software/application-modernization-services.

App modernization offerings from Oracle 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:

• Oracle demonstrated its Fusion Cloud Application with new features

Oracle demonstrated its Oracle Fusion Cloud Application featuring a next-generation voice user interface and powerful analytics capabilities. It is the only application built on machine learning which not only reduces manual functions but also automates cloud migration.

• Leverage Oracle Cloud to extend, enrich, and modernize your applications

Oracle is the leading provider of enterprise cloud solutions, with an extensive portfolio. Oracle Cloud can help software companies grow in the market and cater to the evolving customer needs. It can also help upgrade existing applications.

• Oracle built a modernized API Cloud Platform

Oracle developed an enhanced API-first Cloud platform for application development. This platform is expected to help backend developers build APIs that can connect to systems on-premises or in the cloud while front-end developers build engaging user experiences.

• Oracle's New SPARC Systems deliver 2-7x better performance, security capabilities, and efficiency than Intel-based Systems

Oracle unveiled its eighth generation SPARC platform which is powered by an M8 microprocessor, new systems, and an IaaS platform enabling it to integrate seamlessly with existing systems. This platform helps customers scale-out application environments and deploy most critical business applications.

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