Everything is evolving and getting better, molding itself to the industry’s growing needs and changing demands. Why should enterprise IT be left behind, then? One of the key aspects of digital modernization is to modernize enterprise IT; strangely, many businesses give it a miss.
As a result, IT development is slower and does not match the requirements of the organization. Let’s dig deeper into this and see how enterprises can ensure that IT is a part of digital transformation.
In simple words, an outdated ERP or software program is categorized as legacy software. It was useful once, but in the present scenario, it does not align with the business needs. The reason why legacy software needs to be brought up to the current requirements is that it poses certain risks.
Businesses have started adopting new business solutions such as an ERP or CRM. These are packaged software that comes with all the essential modules that a business needs. These modules include supply chain, marketing, email automation, etc. However, these enterprise resource planning(ERP) or Customer Resource Management(CRM) may not provide an end-to-end solution.
For example, there are processes that are unique to a business. A feedback system that a business needs for its employees might not be there in its ERP system. To develop such a system, businesses need to build it from scratch with the help of software developers, which will take months to complete.
There are several reasons why businesses should take up digital modernization or ERP modernization. As per Harris Poll, companies today lose upward of $300 billion a year paying down “technical debt,” as developers pour time into maintaining legacy systems or dealing with the ramifications of bad and old legacy software. Some of the reasons include:
It is difficult to customize because it is code-heavy. Even a single edit or update can cause the whole system to come to a standstill. Customization also takes a lot of time and effort.
It can pose as a point of attack for hackers due to poor security. Over time, any software program will have patches, making it more and more vulnerable.
It is complicated and expensive. Enterprises have to look for technicians trained on the legacy software and the underlying technology and spend extra even for maintenance. Updates and repairs cost even more.
Legacy software usually offers limited integration capability. Integration is the most important factor today as the world warms up to remote working. If CRMs, accounting software, etc., cannot be integrated, employees will find it very hard to operate.
It may no longer be compliant because industry regulations keep changing. Your legacy software may have been compliant earlier, but the chances are high that it’s no longer the case. Failure to comply leads to heavy penalties.
It pushes you to the backseat in terms of competition because it is not mobile and lacks innovation. It does not have the updated features that competitors have.
The legacy architecture is mostly not modular and does not allow for easy extension to add new functionality.
You won’t be able to make the most out of new products and technology because you are still using legacy software.
Due to the aforementioned reasons, the digital modernization of legacy software is a must. This is nothing but modernizing enterprise IT as per the current needs to make it agile and competitive.
Following is an outline of the steps you should follow to modernize your legacy systems. Rest assured, it is not going to tamper with your business growth.
Ensure goals are clearly set out. You don’t want to feel lost in the middle of your legacy modernization journey. If established properly, they will guide you throughout. Keep your business needs (current and future) in mind while doing so.
Understanding what you are working with is the key to modernizing it. Study everything about your current system, from the UI to the functionalities, so that you know what’s lacking and what you need to add.
Based on your findings, create a plan or strategy for legacy modernization. This should ideally be in-depth so that it is easy to implement and cover all aspects of your technology modernization. Make sure you are evaluating the latest technologies, including Low-Code, No-Code, AI, RPA, Machine Learning, etc., to see how they can benefit you in meeting your business goals, get you a competitive edge, and help you stay agile in the ever-changing business scene. Consider performance, security, privacy, mobility, integration, and extendibility when you formulate your strategy.
Execute your strategy. Ensure you prioritize your execution tasks and execute them in phases for effective implementation.
Consolidate data that is otherwise may be scattered across the legacy systems. Consider the cloud for your hosting requirements. The benefits are immense.
Integrate your new software with other in-house and external systems so that they can work seamlessly without any data redundancy.
The last step to legacy modernization is getting the employees involved. Train them so that they understand the changes and get used to the new normal.
Make sure you make No-Code a part of your Digital Modernization. The benefits are immense and, therefore, cannot be ignored. Nocode can help in multiple ways to help you in the ERP modernization process. It can help in extending the capabilities of your current system; as mentioned in an example earlier, creating an employee feedback management app can help in building a comprehensive HRMS system. It can also provide mobility with apps that can be accessed from anywhere. Some more benefits are listed below.
As per a recent Gartner report, by 2024, low-code no-code application development will be responsible for more than 65 percent of application development activity.
Let us highlight how Quixy, as a leading no-code application platform, is a must-have for your digital modernization.
Quixy is a cloud-based no-code platform that will help you modernize your enterprise IT without affecting your business. With Quixy, you can do the following:
In conclusion, the modernization of Enterprise Resource Planning (ERP) systems is crucial for businesses to stay competitive in today’s fast-paced digital landscape. Outdated ERP systems can hinder growth and prevent companies from realizing their full potential. However, ERP modernization can be a daunting and complex process, which is where no-code platforms like Quixy come in.
Quixy’s no-code platform offers a comprehensive and intuitive solution for ERP modernization, enabling businesses to easily create custom applications that meet their specific needs without the need for coding or technical expertise. This streamlines the modernization process and empowers businesses to be agile, responsive, and innovative in adapting to changing market demands.
By choosing Quixy for ERP modernization, businesses can improve operational efficiency, enhance customer experiences, boost employee productivity, and drive revenue growth. In today’s hyper-competitive business environment, companies cannot afford to be left behind by relying on outdated ERP systems. Quixy’s no-code platform offers a practical and effective solution to modernize ERP systems and drive success in the digital era.
Modernizing your IT systems is important because it allows your organization to stay competitive in today’s business world. By using the latest technologies and tools, you can streamline processes, enhance productivity, and improve the overall customer experience.
Some challenges your company might face when modernizing your IT systems include outdated legacy systems, difficulty finding skilled resources, budget constraints, security concerns, and resistance to change from employees.
To ensure a successful digital modernization initiative, it’s important to start with a clear strategy that aligns with your business goals. You should involve all stakeholders in the process, select the right technologies and tools, provide adequate training and support to employees, and continuously monitor and adjust the initiative as needed.
Digital modernization can bring several benefits for your employees, such as making collaboration easier, improving access to information and resources, increasing flexibility and mobility, and reducing manual tasks and paperwork. It can also create a more engaging and fulfilling work environment, which can boost employee morale and retention.
Quixy Achieves a Hatrick in Gartner Peer Insights VoC Report for LCAP