Application Modernization Services
Application modernization services mainly include tools and methodologies that help organizations transform legacy applications into optimized, modern applications, or platforms. The major components of the services include assessment, migration, integration, replatforming, re-hosting, recoding, re-architecting, reengineering, remediation, and replacement & retirement. Growing demand for agility in businesses to reduce time-to-market and use of big data and cloud computing is leading to a high demand for application modernization services in the coming years.
IBM ranked highest in the Application Modernization Services list populated by 360quadrants
Being powered by 850 analysts, the platform has rated the top vendors in application modernization services. As per the recent assessment by 360Quadrants, IBM topped the list of vendors in the best application modernization services space, followed by Accenture and Oracle, whereas, OSSCube and Idexcel have been listed as a dynamic differentiators.
IBM Cloud Migration Factory was rated the best in product quality, reliability, and breadth and depth of offering. Following it is Accenture Application portfolio assessment services and HCL Legacy Modernization, which secured the second and the third spots, respectively.
360Quadrants defines application modernization as pertaining to the transformation of legacy applications to optimized, modern applications or platforms. 360Quadrants Analyzing more than 50 vendors, 360Quadrants has placed the top 31 application modernization services vendors in quadrants, based on their quality, reliability, and business outcomes. These 31 products have been categorized into Visionary Leaders, Dynamic Differentiators, Emerging Companies, and Innovators based on their performance and most insightful application modernization services reviews.
Competitive Leadership Scenario
360Quadrants recognizes IBM, Accenture, HCL, Oracle, Micro Focus, Cognizant, Dell, Tech Mahindra, Fujitsu, Capgemini, Atos, Avanade, CGI, DXC, Hexaware, Infosys, Syntel, Virtusa, Wipro, and YASH Technologies as Visionary Leaders, mainly because of their strong product portfolio and their robust market presence.
Nous Infosystems, Sensiple, Macrosoft, Advanced Computer Software Group, Asysco, and Bell Integrator have been named as Innovators, based on their innovative services that cater to the future mobility demands, along with having the potential to build strong business strategies.
OSSCube and Idexcel have been listed as Dynamic Differentiators because of their innovative service portfolio.
Astadia and Cyber Infrastructure (P) Ltd have been recognized as Emerging companies, since these emerging vendors are undertaking multiple acquisitions for boosting their sales across various regions for offering services to their clients. 360Quadrants platform provides the most granular application modernization services comparison between vendors.
About 360Quadrants
360Quadrants, powered by MarketsandMarkets™, is the only comparison platform that combines expert analysis with crowdsourced insights. It covers emerging markets and technologies that are yet to be explored in detail. The platform gathers reviews from buyers, vendors, experts, and in-house analysts that influence the criteria used to position the company on the Quadrant.
Buyers get to simplify and de-risk complex purchase decisions. They get granular, unbiased and personalized comparison of products to their specific buying criteria. Vendors get an opportunity to position themselves to win ideal new customers, exclusive customized quadrant showcasing their strength, deep dive comparison giving understanding about trending buying criteria and highlight winning and losing area. Experts get to be part of a grand community, improve their reputation, and grow their personal brand, where they influence the buying decision of not only Fortune 500 companies but also start-ups. It establishes them as thought leaders in their respective space and helps them follow a ‘share & gain’ suit for knowledge.
Contact Name: Manoj Singhvi
Email: [email protected]
Address: MarketsandMarkets™ Research Private Ltd.
Tower B5, office 101, Magarpatta SEZ,
Hadapsar, Pune - 411013, India
Phone: +1-888-600-6441
COVID-19 Impact Analysis on Application Modernization Services Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
The report encompasses data regarding market share and recent developments by key players.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the application modernization services market include Bell Integrator Inc., Cognizant Technology Solutions Corporation, EPAM Systems, Inc., Fujitsu Limited, Infosys Limited, Hexaware Technologies, Micro Focus International plc., NTT DATA Corporation, and Oracle Corporation.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Application Modernization Services Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/application-modernization-services-market/download-sampleMarket DynamicsRising number of businesses deploying digital technologies and applications, increasing need for improved software functionalities due to changing business landscape, growing preference for cloud services and Service-Oriented Structure (SOA), rising focus transforming and modernizing legacy systems, and demand for modern setup to stay in the competition are factors driving demand for application modernization services.
However, complexities and high costs involved in application modernization services and significant turbulence caused in the IT sector due to economic uncertainties is hampering the market growth.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
