According to ResearchAndMarkets.com, the worldwide software transformation market is anticipated to develop from $9.7 billion in 2019 to $16.eight billion by 2024. According to the analytics agency, the market is being pushed by the necessity firms have for “a robust and agile environment to increase scalability and efficiency in the existing business landscape, (the) high maintenance cost of existing legacy applications and leveraging emerging technologies and increasing efficiencies of existing applications.”
The ResearchAndMarkets.com report aligns with the findings of Lemongrass’s 2021 Legacy-to-Cloud examine, which was launched March 18 and contains enter from greater than 150 IT leaders–nearly all of whom work in firms with at the very least $100 million in annual gross sales.
Following are the examine’s highlights. The full Lemongrass 2021 Legacy-to-Cloud report might be discovered right here.
Data Point No. 1: Data entry, safety, value financial savings inspire cloud migrations.
A mixed 77% of IT leaders responding to Lemongrass’s survey stated their main motivation for migrating legacy methods to cloud infrastructure was both a need to safe knowledge, preserve knowledge entry or get monetary savings. Optimizing storage sources and accelerating digital transformation have been different high causes given. Meanwhile, 78% of respondents stated that IT administration methods have been the most probably legacy purposes to maneuver to the cloud, whereas 46% stated safety and 39% stated e-commerce.
Data Point No. 2: Security, individuals, course of, value complicate cloud migrations.
Considering the significance of knowledge safety, it’s no shock that safety and compliance have been listed by 59% of IT leaders as the highest problem going through enterprises when transferring legacy methods to the cloud. Meanwhile, 43% of respondents stated migrations took too lengthy, 38% stated prices have been too excessive, and 33% stated an absence of in-house abilities was the highest complicating issue.
Regarding value, 69% of respondents stated the everyday legacy-to-cloud migration value between $100,000 and $250,000, and 57% of respondents stated that considerably or very hardly ever do these initiatives are available beneath finances. In phrases of job abilities, database integration expertise was cited by 21% of respondents as the highest ability required for performing legacy migrations, adopted by expertise with the chosen cloud platform (15%), earlier migration expertise (12%) and testing validation (additionally 12%). Sixty-eight % of respondents stated it was very or considerably exhausting to search out individuals with these abilities, and 40% stated migrations took at the very least seven months to finish.
Data Point No. 3: Employee coaching, knowledge safety are the highest working challenges going through enterprises as soon as legacy methods have been migrated to cloud infrastructure.
Forty-two % of survey respondents stated that problem coaching finish customers was the highest problem to utilizing legacy methods now operating on cloud infrastructure. Forty % stated the highest problem was that safety considerations had not been adequately addressed, 34% stated the cloud platforms they’d chosen didn’t work as anticipated, and one other 34% stated the highest problem to operating legacy methods within the cloud was an absence of in-house abilities. Meanwhile, 60% stated that multi-cloud administration abilities have been crucial job ability for IT professionals by way of operating legacy methods within the cloud. Half the respondents stated the highest ability was database administration, and 48% stated programming. 71% of respondents stated it was exhausting or considerably exhausting to search out these individuals.
Data Point No. 4: Lessons realized: Migrating, operating legacy methods in cloud
The high three classes realized when migrating legacy methods to the cloud have been:
1) permit for ample time (54%);
2) dedicate…