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).
Advanced Computer Software has been identified as an innovator 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 Advanced Computer Software in the application modernization space.
Application modernization offerings from Advanced Computer Software 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:
With plans for modernization growth, Advanced Computer Software signs definitive agreement for Modern Systems acquisition
By entering into a definitive agreement to acquire Modern Systems—a legacy modernization leader—Advanced is rearing for growth in the fast-expanding application modernization market.
Modern Systems provides modernization solutions for legacy application source code, platform, and data transformations across the globe. As per the agreement’s terms, Advanced stands to acquire all shares that are currently outstanding.
Since 2016, Advanced and Modern Systems have partnered and collaborated on several projects. Modern Systems specializes in the assessment and automated conversion of true legacy environments, as well as the transformation of applications to modern environments. Modern also leverages its Modernization Platform as a Service (ModPaaS™) solution for guiding customers to cloud-optimized, cloud-ready, and cloud-native states.
Once applications are converted, Modern Systems can rearchitect them to take complete advantage of macro and microservices architectures. Modernization of applications is a core growth area for Advanced, and the acquisition of Modern Systems furthers that objective. Advanced currently collaborates with large corporations worldwide for major modernization projects, including ProRail in the Netherlands.
Advanced is working with GT Software to remove modernization barriers for British customers operating in IBM mainframe environments
Advanced and GT Software have signed a reseller agreement with an aim to boost the former’s comprehensive range of solutions for modernization and integration.
US-based GT Software is a specialist in the modernization of IBM mainframe and also works in the development of Ivory Suite, a no-code drag-and-drop service that can easily create API integrations for IBM mainframes. Within the UK, Advanced will be the exclusive partner for delivery as well as support.
This partnership gives Advanced a boost in its application transformation and integration capabilities, which allows large businesses to address legacy challenges as well as to understand, transform, integrate, modernize, and optimize or realize the potential of legacy applications by successfully migrating them onto modern platforms.
Ivory bolsters the existing software and services portfolio from Advanced and perfectly complements its existing Application Modernization portfolio that is focused around its App Integrate solution. While the partnership initially focuses on UK operations, it has scope for expansion to the whole of Europe.
Through acquisition of Canadian firm, Advanced aims for international growth
Advanced has completed its acquisition of Canadian software firm, Information Balance. This acquisition follows plans by Advanced to increase its market share in application modernization and expand into North America.
Information Balance works in the IT solutions development space to allow application development and migration on a large scale, across mainstream technology platforms. Its core product is Application Analyser, an Application Portfolio Analysis (APA) tool that offers support for a variety of legacy and application programming languages along with multiple database environments. This tool enables businesses to understand the structure of the application code as well as the business logic contained within. and the dependencies throughout the application. This service allows businesses to optimize their application development and to reduce the time and effort required for changes, as well as to drive development efficiencies.
By acquiring Information Balance, capabilities of Advanced Computer Systems in application transformation have received a boost, allowing it to aid businesses in the understanding, modernization, transformation, and operation of applications through successful migration. Advanced can now engage with customers sooner in the deal cycle at application migration, allowing it to eliminate the costs associated with Greenfield product development, make an entry into new markets, and increase its revenue generation. Advanced has witnessed high business growth in application modernization and, following the acquisition, hopes to see a rapid acceleration in it over the next 12 months.