As digitalization and dependence on electronic communication increases, so does the
pressure to renew outdated IT systems. Older IT or applications that are no longer updated
or supported can be a challenge for companies. Recently, there is a noticeable trend towards
digital transformation in the SME sector.
“Many large corporations are already using legacy archives. We are seeing considerable
awareness in companies in the upper mid-market with annual sales of 300 million or more,”
says AvenDATA CEO Emanuel Böminghaus.
Historical data is essential for business processes and for maintaining business operations.
Outdated IT systems frequently store decades of data. Using them also means having to
maintain the old hardware. On top, staff needs to be trained or specifically hired for the task.
As a result, maintenance costs can soar, and security updates may no longer be available.
The rising costs, lack of security and incompatibility with modern technologies put pressure
on organizations operating legacy systems. Legacy data has therefore become a common
obstacle to the digital transformation of mid-sized companies.
This mismatch inevitably leads to an increasing number of organizations with legacy
systems. It is therefore not surprising that 59 per cent of respondents believes that failures
are likely to occur within the next three years. Respondents believe that legacy system
failures will have a significant impact on the IT supply chain and business operations. This
suggests that there is a growing need to refresh systems. Cloud technology is currently the
best way to do this.