EngineeringBeat: Powering legacy system modernization has been saved
Article
EngineeringBeat: Powering legacy system modernization
Strategies for retail and consumer products organizations
New competition and rising consumer expectations present retail and consumer products organizations with an imperative to modernize their legacy mainframes. By offering access to more technologically advanced platforms, modernization helps harness the power of cloud and artificial intelligence (AI) to drive innovation and sustained growth.
Discover strategies retail and consumer products organizations can use to accelerate mainframe modernization.
Key strategies to fast-track legacy system modernization
Mainframe modernization can be challenging due to inherent complexity, security and compliance concerns, fear of business disruption, and cultural issues. However, the right legacy modernization strategy—aligned with core business needs—can help retail and consumer products organizations surmount their modernization challenges to compete in a dynamic marketplace, power innovation, and drive long-term growth.
1
Reduce complexity with industry clouds and AI
Fragmented legacy systems create complexity. Tame it with industry clouds and AI-assisted tools to integrate systems while maintaining functionality. A sound business case is also key to success.
2
Boost security and compliance with AI
Sensitive data requires strong security to protect it. To strengthen security, perform a holistic security audit, use encryption, and deploy AI-assisted tools to detect threats and monitor compliance.
3
Minimize disruption with a phased approach
Modernization comes with business disruption risk. Reduce it by using a phased approach that aligns with business needs and expected value. Use AI-assisted tools to spot and mitigate disruptions.
4
Solve cultural issues with training and automation
Talent gaps and cultural issues impede modernization. Solve them with upskilling and enhanced recruiting practices, and emphasize knowledge transfer. Automate where possible to enhance efficiency.
Mainframe modernization in action
A global retailer, aiming to boost efficiency, undertook an initiative to consolidate systems and address data lineage issues—especially for supply chain components. During the assessment process, one system with unparallelled "anywhere-to-anywhere" functionality emerged as a priority focus. Exploring both custom and common enterprise packaged solutions, Deloitte helped the retailer align business and IT goals, weigh modernization scenarios, and analyze costs to determine the best path forward. They also identified accelerators to mitigate risks and expedite the process.
The time to modernize is now
Legacy system modernization is a strategic imperative for retail and consumer products organizations. It can enhance customer experiences, boost efficiency, and position the business for faster innovation and sustained growth. In short, mainframe modernization can deliver long-term success in an increasingly competitive, dynamic market. The mandate to modernize is clear. It’s time to take the leap.
About the EngineeringBeat series
Want to know the latest in mainframe modernization, cloud, or engineering? We’re on the beat, covering sector-specific trends and hands-on strategies to help you stay up-to-the-minute. Spend just a few moments—a beat—and gain actionable insights to move your business forward.
Align your business strategy to future proof your organization while maximizing ROI
Recommendations
IndustryAdvantage™ to Transform Strategic Vision Into Value | Deloitte US
Explore how IndustryAdvantage™ delivers insight and foresight to help companies transform their business—and then transform their industry.
