Legacy software modernization: 4 barriers and 4 strategies

Legacy software modernization refers to the process of updating or replacing outdated software systems to meet current business needs and technological advancements. According to a report by Gartner, organizations that fail to modernize their legacy systems risk losing 20% of their market share to more agile competitors within the next five years. Additionally, Forrester estimates that companies can save up to 30% in operational costs by modernizing their legacy applications.

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