70% of World wide CXOs See Mainframe and Legacy Modernization as Leading Business Precedence: TCS Study

Study Commissioned by Tata Consultancy Products and services and AWS, Reveals Problems Posed by Legacy Methods, Perceived Gains of Modernization and Cloud Migration, and the Most popular Methods

NEW YORK and MUMBAI, India, Feb. 15, 2021 /PRNewswire/ — Tata Consultancy Expert services (TCS), (BSE: 532540, NSE: TCS), a major world wide IT solutions, consulting, and organization solutions business, published the results of its international study that reveals that far more than 70% of CXOs of global providers think about mainframe or legacy modernization a strategic business enterprise priority for the up coming three several years.

Tata Consultancy Services.(PRNewsFoto/Tata Consultancy Services) (PRNewsfoto/Tata Consultancy Services)

Tata Consultancy Services.(PRNewsFoto/Tata Consultancy Solutions) (PRNewsfoto/Tata Consultancy Providers)

The analyze, carried out in collaboration with AWS, surveyed 211 CXOs and senior decision makers from businesses that currently have legacy or mainframe programs. It highlights noteworthy traits on how firms look at the foreseeable future of legacy and mainframe apps in their electronic transformation, bottlenecks and worries in migrating those people purposes, and the desire for microservices centered systems. Vital findings from the report contain:

  • Leading 3 challenges with legacy methods ended up integration with new programs (61%), absence of company agility (57%), and stability exposure (55%).

  • The major boundaries to migrating legacy systems to the cloud were being concerns all-around stability (44%), disruption to operations (37%), and trustworthiness (33%).

  • Better agility to react to marketplace desires (45%) is a essential business enterprise aim in driving legacy modernizations, followed by increasing application effectiveness / responsiveness (41%), and improving upon availability / catastrophe restoration and improving upon compliance / stability (38% each).

  • Re-engineering / redevelopment (33%) is the most chosen technique for legacy modernization, followed by lift and change (20%), keep and improve (19%) and refactor (9%).

The survey reinforces our very own ordeals with customers across industries and marketplaces. They are supplying the maximum precedence to legacy and mainframe modernization in their digital transformation programs, in particular for the duration of the pandemic. Enterprises are on the lookout for associates who can support mitigate the dangers of disruption and provide high quality outcomes with speed to current market. TCS’ deep contextual awareness, strategic emphasis on cloud, finish-to-conclusion modernization companies driven by intelligent automation products and solutions like TCS MasterCraft™ TransformPlus, corporation style and design and key partnerships with hyperscalers have designed us the favored associate in their cloud migration journeys,” reported Vijayalakshmi Gopal, Small business Head, TCS MasterCraft.

The study carried out by IDG Research, polled respondents with a title of Director or previously mentioned, from companies throughout industries, ranging from mid-sized (1,000+ staff members) to big (10,000+ workers). Read the complete report in this article: https://mastercraft.tcsapps.com/transformplus-survey-Mainframe-Modernization-Developments

About TCS MasterCraft™

TCS MasterCraft™ is TCS’ suite of clever automation merchandise that optimizes IT company supply. The suite has 3 items, namely TCS MasterCraft DevPlus (for continual supply lifecycle administration), TCS MasterCraft TransformPlus (for software assessment, modernization and enhancement) and TCS MasterCraft DataPlus (for company facts privacy and good quality). The merchandise are becoming utilized by 200+ consumers in 780+ one of a kind tasks. The goods are the outcomes of many years of investment in exploration and development in automation, and experience in providing different services shipping and delivery assignments about the several years.

Go to us at https://mastercraft.tcsapps.com/ for additional data.

About Tata Consultancy Companies Ltd. (TCS)

Tata Consultancy Expert services is an IT providers, consulting and company remedies corporation that has been partnering with several of the world’s largest organizations in their transformation journeys for around 50 many years. TCS provides a consulting-led, cognitive driven, integrated portfolio of business enterprise, know-how and engineering products and services and remedies. This is sent as a result of its unique Locale Unbiased Agile supply model, regarded as a benchmark of excellence in software program progress.

A section of the Tata team, India’s greatest multinational organization team, TCS has more than 469,000 of the world’s finest-trained consultants in 46 nations around the world. The firm created consolidated revenues of US $22 billion in the fiscal yr ended March 31, 2020, and is outlined on the BSE (formerly Bombay Stock Trade) and the NSE (National Inventory Exchange) in India. TCS’ proactive stance on weather adjust and award-successful perform with communities across the world have acquired it a position in top sustainability indices this sort of as the Dow Jones Sustainability Index (DJSI), MSCI World wide Sustainability Index and the FTSE4Very good Rising Index. For far more info, go to us at www.tcs.com.

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