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Decoding the Application Modernization Labyrinth

Introducing a six-part fireside chat series on Application Modernization featuring guest speaker Peter Marston, Research Director, IDC, and Naresh Duddu, Associate Vice President, and Global Head - Modernization, Infosys.

As the series unfolds, each conversation gets increasingly interesting with in-depth discussions around drivers for enterprises to embark on an application modernization journey, ways to accelerate time-to-market, metrics to consider for building a solid business case to maximize modernization value, and approaches to balance modernization investments during an economic downturn. The series touches upon various challenges associated with large application modernization projects and strategies to tackle these. The series will also examine the impact of AI on application modernization.

Videos

Part 1: Drivers to Consider for Modernization Programs

Naresh sets the tone for the fireside chat by stating that modernization is an imperative for organizational digital transformation. In this conversation centered around various modernization drivers, Pete and Naresh share their views on the changing priorities of organizations regarding modernization initiatives. Watch the video to know more about the key drivers that are shifting towards achieving operational efficiency, sustainability, and innovation.

Part 2: Key Levers to Accelerate Time-to-market

With changing user expectations and intense competition in the market, the cost of not addressing these needs is high. Hence, time-to-value for new programs is under tremendous pressure, and enterprises are looking for various ways to roll out programs faster. According to Pete, organizations are leveraging AI and automation to accelerate their transformation. Watch this part of the fireside chat series to explore more details around levers to accelerate time-to-market.

Part 3: Metrics to Build a Strong Business Case for Modernization

Pete and Naresh discuss critical metrics to track in order to build a solid business case for modernization. Their conversation focuses on how priorities have shifted, and modernization is being driven mainly by technology adoption to create business value. Watch this video to learn why a strong business case must combine qualitative and quantitative benefits across IT and business to extract maximum value from modernization.

Part 4: Balancing Modernization Investments During Economic Slowdowns

One of the trickiest but most critical factors of any modernization program is having balanced investments. Organizations often pause their modernization initiatives during economic downturns due to a shift in investments and business focus, leaving themselves unprepared for new opportunities when conditions improve. Watch this part of the fireside chat series where Pete and Naresh examine various ways to achieve the right balance for investments towards modernization.

Part 5: Challenges in Executing Large Application Modernization Programs

Today's application modernization journeys are complex and often fraught with multiple risks. Clients fear business disruption due to incomplete or incorrect adoption of modernization. In this part of the fireside chat, Naresh and Pete discuss key challenges that tend to center around strategy alignment between IT and business. Watch this video to learn more about the major hurdles enterprises encounter while undertaking large application modernization programs and how these challenges can be addressed successfully.

Part 6: Impact of AI on Application Modernization Programs

In the last part of this fireside chat series, Naresh and Pete examine the impact of AI, particularly generative AI (GenAI), on application modernization. According to Infosys’ GenAI Radar, 70% of enterprises have already implemented GenAI solutions of some kind. Organizations continue to explore new ways to leverage AI for more substantial business value. Pete shares his insights and observations on AI adoption in application modernization both from a demand and a supply perspective. Watch this video to learn more about the use cases for AI adoption in application modernization, such as portfolio assessment, code documentation, planning, and legacy code conversion.