Over half of the surveyed companies list increasing security and improving efficiency as main drivers for the modernization of their legacy applications and data in 2023. Cost reduction, better integration with modern technologies and increased agility and flexibility are not far behind, being mentioned by nearly 50 percent of the respondents as well. Although regulatory compliance was the least popular driver in the list, it has been claimed as driver for nearly 20 percent of the surveyed companies.
Top reasons driving companies' modernization of legacy applications and data worldwide in 2023
IT decision makers at companies and organizations in eight secotrs (Financial services/insurance, Manufacturing & Logistics, Retail, Hospitality & Travel, Government/Public sector, Media & Entertainment, Energy sector, Healthcare, Pharma, Bio-tech/Life sciences)
Supplementary notes
This question was phrased by the source as follows: "What are the main drivers of modernizing your legacy applications and data systems?"
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Coleman Insights. (June 21, 2023). Top reasons driving companies' modernization of legacy applications and data worldwide in 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1420607/main-drivers-modernizing-legacy-applications-data/
Coleman Insights. "Top reasons driving companies' modernization of legacy applications and data worldwide in 2023." Chart. June 21, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1420607/main-drivers-modernizing-legacy-applications-data/
Coleman Insights. (2023). Top reasons driving companies' modernization of legacy applications and data worldwide in 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1420607/main-drivers-modernizing-legacy-applications-data/
Coleman Insights. "Top Reasons Driving Companies' Modernization of Legacy Applications and Data Worldwide in 2023." Statista, Statista Inc., 21 Jun 2023, https://www.statista.com/statistics/1420607/main-drivers-modernizing-legacy-applications-data/
Coleman Insights, Top reasons driving companies' modernization of legacy applications and data worldwide in 2023 Statista, https://www.statista.com/statistics/1420607/main-drivers-modernizing-legacy-applications-data/ (last visited November 21, 2024)
Top reasons driving companies' modernization of legacy applications and data worldwide in 2023 [Graph], Coleman Insights, June 21, 2023. [Online]. Available: https://www.statista.com/statistics/1420607/main-drivers-modernizing-legacy-applications-data/
