Thriving through austerity

When budgets tighten, focus on legacy modernisation through smart software integration, writes Leonard Solomyak, Principal Solution Engineer at mWtech (middleware technologies).

Johannesburg, 19 Jul 2023
Thriving through austerity.
Thriving through austerity.

Navigating the uncertain waters of a tough economic climate presents organisations with a daunting challenge: how can they strategically approach transformation without undermining financial stability? The solution lies in prioritising the most impactful transformation projects.

Yet while that focus often attracts bleeding-edge concepts, organisations can do much more with the indispensable technologies they already built and own. Specifically, legacy modernisation through smart software integration. Austerity demands financial prudence, but organisations must continue progressing – particularly regarding digital transformation. Modern business technologies continue delivering competitive and efficiency advantages, and the familiar mantra of "modernise or risk extinction" is truer today than it was 10, five or even two years ago.

To balance progress with financial prudence, the focus should shift towards strategically significant projects that align with long-term business objectives and offer substantial ROI. In the software domain, the best strategy is integrating and modernising legacy systems.

Companies only believe they have two options: rip-and-replace or recode the software.
Companies only believe they have two options: rip-and-replace or recode the software.

Legacy modernisation through integration: A strategic advantage

Legacy modernisation updates or replaces outdated software systems that create efficiency bottlenecks and impact organisational agility. Too often, companies only believe they have two options: rip-and-replace or recode the software (at great expense), or tolerate the older software and find other ways to gain modern advantages.

But there is a third and far more practical option: smart integration. Expert vendors in this niche have honed their skills in smart software integration, providing a roadmap for businesses to transition to a digital environment cost-effectively and efficiently.

Smart legacy integration doesn't make big headlines, at least not yet. It's a specialised field. If marrying legacy and modern software was simple, everyone would offer it as a service. Unfortunately, many organisations confuse 'simple' with 'cheap' and thus 'specialised' with 'expensive'. This is not the case when they use a partner with legacy modernisation and integration experience.

Expert partners have a wealth of knowledge, such as practical implementation experience, and quickly grasp the core benefits of a company's necessary legacy systems. They likewise understand user requirements, including front-end interfaces that maximise productivity and worker flow. And they appreciate the need to harness data without disrupting the (often legacy) systems that own and house that data.

Such partners appreciate the technical and holistic impact of core legacy systems. Implementing new software solutions requires comprehensive change management. Employees should be kept informed about the changes, their reasons and implications. Open communication fosters a sense of ownership and reduces resistance to change, ensuring a smoother transition. Skilled partners must know how to facilitate and manage these change and ownership considerations.

The best way to achieve enterprise modernisation.
The best way to achieve enterprise modernisation.

The best way to achieve enterprise modernisation

While austerity necessitates tighter budgets, it does not have to halt transformation. Businesses can redefine their transformation strategy by prioritising smart software integration and legacy modernisation. Through strategic partnerships with specialist vendors, they can ensure survival and lay a solid foundation for a robust post-austerity era. Strategic partnerships with specialist integration vendors can accelerate transformation by leveraging legacy while embracing modern technologies.

Legacy modernisation through smart software integration paves the way for businesses to thrive amid economic highs and lows. Such collaborations offer businesses access to innovation and expert skills without a major investment. This makes legacy software integration an ideal choice during periods of austerity.