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Why Your Existing IT Assets Hold the Key to Modernization
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ccox_ee
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ccox_ee,
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5/2/2015 | 4:18:01 PM
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Paul Averna
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Paul Averna,
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1/9/2015 | 6:56:05 PM
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Jaypatadiya
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Jaypatadiya,
User Rank: Apprentice
12/23/2014 | 3:27:49 AM
Is it really cost effective to modernize your technology with Legacy Languages?
There is too much of discussions on net about the Death of the legacy programming languages like COBOL. Businesses need to think from multiple perspectives to adopt to new technologies or modernize their technologies. The first and foremost is to focus on the future rather than looking at the current business situations, current costs and time to implement. If you keep on using your old programming languages to modernize, would you be able to get the cost effective resources after 5 or 10 years down the line? 

I was reading through blog of Institute of Engineering & Technology with title as "Dearth of COBOL programmers threatens business" there was lot of comments and people were talking about the current education system adoption of new technologies. I even agree to fact that hardly any school or college would be teaching COBOL these days and even students wont prefer to make their career in the COBOL. How would you get 3 - 5 years experienced programmer for COBOL in the future? 

Hence, while thinking of adopting the new modernization strategy, CIOs and Technology Leaders should think of adopting latest technologies like .Net and PHP where you get abundance of resources at great cost-effective rates. CIOs should also focus on adopting architectures which includes Bootstrap, AngujarJS, HTML5, CSS3 with cloud based technologies and create scalable, next generation applications. I agree that it would seem costly at this point of time and will take time to implement but it gives peace of mind, and better management, maintenance & enhancement of the applications in time to come.

Personally from my perspective, if businesses adopt the latest technologies and shift their technologies while modernizing their systems, they would only require to compromise on time to implement as cost can be easily managed due to lot of experienced companies available with experience on Insurance Domain at offshore locations like India and China. 
BalakumaraaP414
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BalakumaraaP414,
User Rank: Apprentice
12/22/2014 | 4:56:42 AM
Re: How is technical debt measure for cloud & mobile?
Core Insurance systems should be able to cater the mordern day needs, that should able to support Client centric approach. Not only the technology of the outdated Legacy systems, but also the old Processes itself is obselete and need to be changed.

There is a need a complete system study, understand the Requirements and scope first. Then you should decide on the suitable technology. Using the same Technology and re-engineer the system is not a good solution. You have to think about the future and should able to compete with your compititors.  

Cloud SaaS solution would be most cost effective and Agile. Even you can leverage Big Data technology on top of the Core Application and have various Analytics, that would facilitate a complete Client centric approach.
GizmoxTS
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GizmoxTS,
User Rank: Apprentice
12/21/2014 | 4:35:26 AM
How is technical debt measure for cloud & mobile?
The technical debts using "language" or "environment" (i.e. COBOL, Java, C) are useful up to a point. What would be more useful to CIOs and technical "modernizers" are architecture related "cut" of the data. How will "batch" or "single user" (i.e. mainframe or client/server) system modernization to the mobile and cloud technologies used today measure with respect to modernizing (i.e. what is their technical debt)?


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