How Does Application Modernization Transform Your Business?

Sayantani Bhattacharya | December 13, 2021 | 333 views

Application Modernization
Business transformation is the key to success in the present competitive world. Moreover, the global economic unrest post-Covid-19 has flared the urgency to stay ahead in the market. In the current digital transformation wave, the one who can adapt to the rapid, unprecedented changes and scale simultaneously will eventually win the race. Adopting cloud computing is one of the critical ways to attain transformation. There are two ways of adopting the cloud platform- cloud migration or application modernization.

Either you can completely move the workloads, data, and other applications from an on-premise server to the cloud server or modernize the infrastructure, internal architecture, and features of existing legacy applications to make them cloud-ready.

This article explains how application modernization accelerates digital transformation.

Application Modernization: A Synopsis

According to Markets and Markets, the global application modernization market size will grow at a CAGR of 16.8% from USD 11.4 billion in 2020 to USD 24.8 billion by 2025. The primary factors that drive the market's growth are the rising focus on transforming legacy systems and the demand for advanced infrastructure to ensure business continuity. Application modernization is one of the primary ways to attain cloud-first digital transformation. It helps determine effective output value from an existing legacy application while enhancing the platform with advanced features and proficiencies.

However, before your company starts the modernization journey, it's crucial to evaluate whether the process is fruitful for your business. Further, knowing the limitations also helps optimally plan the modernization process and implement the best ways to modernize the applications.

Why Should Companies Consider App Modernization?

The urge for digital transformation to stay aligned with the rapid market changes makes it mandatory for business leaders to discover effective methods for modernizing legacy applications.

For several organizations, legacy systems hold back the business initiatives and processes that rely on them.”

Stefan Van Der Zijden, VP Analyst, Gartner
 
Application modernization enables an organization to control its expenses and enhance its digital footprint. Further, it helps to use modern infrastructure, features, languages, and other technologies. However, there can be several reasons justifying the need for the application modernization strategy of an organization. Here is a list of the five most important reasons your company needs app modernization.
 
• Accelerates Digital Transformation: One of the key ways to achieve digital transformation is by modernizing your legacy apps. It is crucial to initiate legacy application migration after evaluating them and finding the best strategy to make them cloud-ready.

• Future-Ready Applications: The following primary reason is digitally empowering your applications to leverage the benefits of advanced technology. Cloud app modernization helps you stay aligned with the changing market dynamics and enhance the overall performance and efficiency of the applications.

• Control Cost: Modernizing application impacts your organizations’ investment plans in the long run. Legacy applications require frequent maintenance and upgrades, which affects the productivity and overall performance of the system.

• Improves Business Opportunity: Modernizing your applications will enhance the reach and scope of your business. It enhances business processes and makes optimum utilization of your resources which, boosts revenue growth, reduces investments and, increases profit margin and ROI.

• Scalability: One of the critical challenges of legacy applications and infrastructure is the capacity to accommodate the demand and scale accordingly. As a result, it hampers the stability of an organization. If you plan to modernize your applications by moving them to the cloud, it is ideal as cloud app modernization guarantees improved scalability, mobility, and accessibility.

• Workforce Engagement: When your employees get a better user experience, it improves their productivity, brings innovations in operations, ensures quality output, and improves efficiency.

• Customer Experience: For every business, the customer is king! So, customer experience is critical to having a market presence. Modernized applications improve the customer experience by enabling new processes and upgrading services. As a result, businesses gain increased customer retention and more revenue through robust sales strategies.


Major Risk Factors That You Can’t Ignore

What is the biggest challenge faced by organizations attempting to initiate application modernization for their platform? The rapid enhancement caused by the multiple cloud and mobile technologies makes it difficult for IT leaders and programmers to pace up to the updates. As a result, it is vital to know your major risk factors before initiating the process. These factors might hinder companies from beginning the modernization process. As a result, most organizations continue to use legacy applications.

Here are some of the listed challenges while carrying out a legacy app modernization process.

Identifying the applications those you want to modernize is a tedious and cumbersome process for organizations.
The collaboration of legacy & advanced systems
Undesired operational issues during peak productive time
Quality Assurance
Temporary performance hassle and time lags
The cost incurred and the bandwidth to implement the actual process.
Training and upskilling the workforce to work on the modern applications

One of organizations' primary challenges is ensuring that their modernized applications run smoothly on their upgraded platform. As an entrepreneur, you must ensure that your upgraded platform has compatible features with your existing system formats. At the same time, you also need to consider the investment aspect after evaluating the cost to the company.

Best Ways to Modernize Applications

According to Accenture, the cloud monitoring industry will grow by 22.7% between 2020 and 2022. Three primary approaches might help enterprises scale up their legacy infrastructure to a cloud-native platform.


Go Serverless

Serverless computing enables your organization to initiate a seamless movement of your operational workloads, reducing the dependencies on a physical server. According to Markets and Markets reports, the serverless cloud computing market will rise by a 22.7% CAGR from 2021 to 2025. With serverless cloud computing technology, there is no need to have an infrastructure to build and run applications for businesses.
Since the last decade, this trend has evolved and gained importance. Further, it will be more definite in investment, effort optimization, responsiveness, and enhanced efficiency. As a result, you can develop and run applications more effectively without worrying about infrastructure management tasks. Additionally, going serverless allows leniency to scale and accommodate demand variations.


Consider Containerization

The containers in cloud computing allow grouping the applications and all their components into a single, actionable and portable suite. The leading providers of containerization are Amazon Web Services (AWS), Azure, and Google, which offer orchestration tools and container services for creating and deploying containers. According to Forrester's 2020 Container Adoption Survey, almost 65% of business owners are either using or are affirmatively considering about using containers as part of their IT transformation approach. Containerization enhances the reliability and agility of the applications shifted between the computation platforms. In addition, it decreases the overhead costs, ensures operational consistency, and improves the efficiency of the applications.

Make Your Platform Cloud-Native

To make the business environment cloud-native, you need to implement the re-platforming approach that requires migrating applications to the cloud in their original form from the legacy infrastructure to the cloud, while modernizing some of the applications and enhancing their features to take benefit of the cloud. Common alterations and upgrades include improving how applications fetch information from the back-end database. You can automate this process in the cloud environment to ensure efficient data utilization and operational efficiency. 

How Did IBM Help Coca-Cola European Partners (CCEP) to Modernize their IT Platform?

A recent IBM Institute for Business Value study reveals that 62% of executives surveyed are about to pace up their digital transformation and cloud adoption plan over the next two years. As a result, the need to modernize complex legacy applications and workloads arises.

Coca-Cola European Partners (CCEP), the world’s largest Coca-Cola bottler, has collaborated with IBM to accelerate its digital transformation journey, improve operational efficiency, and utilize organizational data effectively. As a result, IBM shifted one-third of CCEP’s enterprise workloads from the legacy data center to IBM Cloud.

CCEP could witness strategic progression towards cloud-first digital transformation through IBM’s hybrid cloud architecture with Red Hat OpenShift. It helped CCEP modernize its IT environment. Further, IBM’s Multi-Cloud Management capability helped integrate and manage the legacy systems, private and public clouds, from a single dashboard.

The collaboration with IBM has helped CCEP begin a journey towards an open and secure cloud architecture driving a massive digital footprint.


Summing it Up

Application modernization is one integral method to move your organization towards digital transformation when the need for automation widens across business and IT operations. However, to achieve a successful automation strategy across the organization, your business should begin with some small and successful projects. Further, you can optimize and scale the activity for other processes and in other verticals of your organization.

“At least 40% of all businesses will die in the next ten years if they don’t figure out how to modify their entire business to accommodate new technologies.”  

John Chambers, former executive chairman, and CEO, Cisco


Frequently Asked Questions


What is App Modernization in the cloud?

Application modernization is enhancing legacy software with the latest computing methods that comprise advanced languages, frameworks, and infrastructure. As a result, the application takes full advantage of the unique platform, including efficiency, security, agility, and structural integrity.

What are the Benefits of Application Modernization?

Application modernization enhances an organization's digital footprint by regulating its investments and leveraging modern infrastructure, features, languages, and other technologies. Further, it improves the opportunities for the new business avenue by providing scalable solutions, effective workforce management, and efficient customer engagement. 

What is AWS Cloud Modernization?

AWS application modernization plans entirely depend on your business requirements. You can either lift and shift, refactor or completely re-platform your applications, and make them ideal software for your organization. Further, modernizing your applications with AWS allows you to reduce costs, enhance efficiencies and optimize ROI.


Spotlight

Dev Information Technology Limited

DEV IT is headquartered in Ahmedabad city of Gujarat State and has its branch offices in Maharashtra, Rajasthan and Canada. DEV IT’s end-to-end IT services model covering Enterprise Applications, Enterprise Mobility, IT Infrastructure Management Services, Cloud Computing, Digital marketing as well as Licensing services, makes it an ideal partner for IT services that businesses across the globe seek.

OTHER ARTICLES
CLOUD APP DEVELOPMENT

What Is Cloud-Native and Why Does it Matter for CI

Article | June 9, 2022

Continuous intelligence (CI) relies on the real-time analysis of streaming data to produce actionable insights in milliseconds to seconds. Such capabilities have applications throughout a business. In today’s dynamic marketplace, new CI applications that use data from various sources at any given time might be needed on very short notice.The challenge is how to have the flexibility to rapidly develop and deploy new CI applications to meet fast-changing business requirements. A common approach employed today is to use a dynamic architecture that delivers access to data, processing power, and analytics capabilities on demand. In the future, solutions also will likely incorporate artificial intelligence applications to complement the benefits of traditional analytics. Increasingly, cloud-native is the architecture of choice to build and deploy AI-embedded CI applications. A cloud-native approach offers benefits to both the business and developers. Cloud-native applications or services are loosely coupled with explicitly described dependencies.

Read More
CLOUD APP DEVELOPMENT

Why Microsoft Should Spinoff Its Cloud Business

Article | February 21, 2022

Microsoft currently features old-school solutions that are growing relatively slowly (Office and Windows) and new cloud solutions that are growing tremendously (Dynamics 365 and Azure). If the company stays in its current form, Microsoft stock will keep steadily advancing. But because the company’s total top and bottom lines are never going to increase much more than 30% or 35% per year, the shares are never going to deliver truly huge returns. But that would change if the company was to spin off its rapidly growing cloud businesses. In such a scenario, the current owners of Microsoft stock would receive shares in a cutting edge cloud services company (let’s call it Azure), and shares in a company focused on providing old, mostly PC-based software to businesses and consumers.

Read More
CLOUD APP DEVELOPMENT

Intelligence Giant Upgrading its Cloud Technology

Article | February 18, 2022

With the huge amounts of data in all fields, a future in the cloud is imperative to help deal with this explosion of data, especially in the field of intelligence technology. This is the reason why the US Central Intelligence Agency is updating its cloud technology. The agency has recently released a draft request for proposal for its Commercial Cloud Enterprise contract.The C2E tens of billions contract will be a multi-award commercial cloud computing contract with a five-year base period and two five-year options for a period of performance of up to 15 years, according to nextgov.com.In a March 2019 presentation by the Directorate of Digital Innovation, a division of the CIA, the department outlined its vision for C2E. It would be broad and include infrastructure, platform and software cloud services supporting a broad range of users, with a variety of security clearances and a worldwide presence, as reported by techcrunch.com. The principal C2E Program objective is to acquire cloud computing services directly from commercial cloud service providers with established records for innovation and operational excellence in cloud service delivery for a large customer base,the department stated in the presentation.Apparently, the agency prefers to avoid all the attention that the Pentagon’s JEDI cloud procurement process got, and quietly go about its business.

Read More

AWS tags US$235 million to expand its cloud infrastructure in Latin America

Article | February 10, 2020

Amazon Web Services (AWS) is raising its stake on cloud computing infrastructure in Latin America. Proof of this is that the IT company will use R$1 billion (around US$235 million) to expand its data center in Sao Paulo. These millions will be used for its Data Processing Center located in that part of Brazil. In addition, a portion of these US$235 million will also be used to increase the services it offers to both public and private parties.The move gives reason to suggest that AWS is upping the ante in the future of startups and tech in the region that rely on cloud services to develop their own products.It launched its cloud center in Brazil in 2011 but it’ll be getting some beefing up thanks to these funds. Moreover, AWS has two Edge networks in São Paulo and two in Rio de Janeiro. As well as one in each of the following cities: Bogotá (Colombia), Buenos Aires (Argentina), and Santiago (Chile).The objective of all of this is to be the region’s prime provider of cloud infrastructure and beat out its competition AKA, Google Cloud Platform and Microsoft’s Azure.

Read More

Spotlight

Dev Information Technology Limited

DEV IT is headquartered in Ahmedabad city of Gujarat State and has its branch offices in Maharashtra, Rajasthan and Canada. DEV IT’s end-to-end IT services model covering Enterprise Applications, Enterprise Mobility, IT Infrastructure Management Services, Cloud Computing, Digital marketing as well as Licensing services, makes it an ideal partner for IT services that businesses across the globe seek.

Related News

CLOUD APP DEVELOPMENT, CLOUD SECURITY, CLOUD APP MANAGEMENT

Silk Enables OptaFi to Migrate and Modernize Their Customers' Electronic Healthcare Records in the Public Cloud

Newswire | June 01, 2023

Silk announces that OptaFi is now leveraging the Silk Data Virtualization Platform to help migrate and modernize their customers' Electronic Health Records (EHR) in the public cloud. With Silk, OptaFi helps their customers meet their cloud migration goals by enabling a predictable end user experience while keeping projects under budget and on time. "EHR are notoriously difficult to migrate to the cloud given they require a high level of performance," said Scott Mayo, GM/COO of OptaFi. "Introducing Silk into our solution stack allows our healthcare customers to realize the performance EHR workloads demand and increases scalability while controlling costs." "The future of EHR is in the cloud. The cloud makes it possible to provide a better patient experience, improve faster access to data, enhance security, and increase scalability for times of greater patient activity," said Itay Shoshani, COO, Silk. "Silk has a strong history of helping the healthcare industry migrate and modernize EHR. We are excited to be partnering with OptaFi to help their customers achieve the true promise of the cloud." To learn more about how Silk has partnered with leaders in the healthcare industry, visit https://silk.us/solutions/healthcare/. About Silk The Silk Data Virtualization Platform gives demanding workloads up to 10x faster performance in the cloud. Without refactoring, applications can move to the public cloud without compromising on performance or overspending to mitigate risk. Industry leaders in e-commerce, SaaS, FinTech, and Healthcare trust Silk with their business-critical workloads to get the ultra-fast speeds customers demand. Silk is headquartered outside of Boston, MA. To learn more, visit www.silk.us. About OptaFi, LLC OptaFi LLC is a joint venture launched in 2022 between Sentara Healthcare and Infinite Computer Solutions. Headquartered in Virginia Beach, VA, OptaFi's mission is to modernize healthcare environments with a secure, cloud-first, high-speed, and cost-controlled digital landscape. Designed by Healthcare for Healthcare, their core services include: EMR on Cloud (Azure, AWS, Hybrid Cloud adjacent) transitions and management Healthcare enterprise data analytics platform build and management Cloud HIPAA/NIST security framework build, manage and deploy Cloud cost analysis and assessments (spend control and telemetry)

Read More

CLOUD APP DEVELOPMENT, CLOUD APP MANAGEMENT, CLOUD DEPLOYMENT MODELS

OutSystems Presents its Future of Application Development with Cloud-Native, Superapps, and Generative AI at NextStep Exec

Businesswire | June 02, 2023

OutSystems, a global leader in high-performance application development, today announced a new, executive-only edition of its annual customer event, NextStep Exec, taking place at the Denver Marriott Tech Center in Colorado on June 21. The event will include an exclusive look at what is coming with the OutSystems platform, and the customer stories, apps, and business cases driving innovation and ROI with high-performance low-code. OutSystems Founder and CEO Paulo Rosado will present on the most pressing topics for IT leaders – the role of generative AI in software development, building innovation with tight talent, differentiating the customer experience, and making the business case for low-code to achieve competitive advantage. IDC Analyst Dr. Michele Rosen will share the latest Developer survey on Generative AI, highlighting adoption trends and attitudes of relevance for any organization looking to incorporate the latest AI technology into their IT strategies. “NextStep Exec is for IT executives who are ready to change their application output and transform their business with high-performance development, not the status quo,” said Rosado. “Our customer stories – from decisions to adopt low-code to creating full centers of excellence – will be on full display, showing the real opportunities that exist for companies today. IT should be the center of innovation at any organization, and the IT teams are the heroes who can drive success for a business. You’ll hear from them and their partners about the impact they’re making using OutSystems.” Attendees will get a preview of what’s new and next with the OutSystems Platform, including: OutSystems Developer Cloud, new capabilities for the company’s cloud-native development platform, released into general availability earlier this year; Ionic Portals, a new way to create Superapps and Mobile Micro Frontends in mobile projects that brings together low-code and traditional developers to collaborate across platforms; Generative AI, building on the advantages of AI in the platform over the past five years, OutSystems shows new opportunities to deliver software using generative AI. In addition to the product updates from OutSystems, NextStep Exec will feature networking opportunities and customer sessions on some of the most pressing topics for IT leaders. Featured speakers include: Western Union’s Chief Data & Innovation Officer, Tom Mazzaferro, SRS Distribution’s Adoption Vice President of Innovation & Technology, Patrick Garcia, Gen Re’s Chief Technology Officer, Frank Schmid About OutSystems OutSystems was founded in 2001 with the mission to give every organization the power to innovate through software. The OutSystems high-performance low-code platform gives technology leaders and developers the tools to rapidly build and deploy their own business-critical applications. The company’s network spans more than 600,000 community members, 400+ partners, and active customers in 87 countries across 22 industries. OutSystems is “The #1 Low-Code Platform®” and a recognized leader by analysts, IT executives, business leaders, and developers around the world. Some of the most well-known brands use OutSystems to turn their big ideas into software that moves their business, people, and the world forward. Learn more at www.outsystems.com.

Read More

CLOUD SECURITY, CLOUD APP MANAGEMENT, AWS MANAGEMENT

Automation Anywhere and AWS Bring the Power of Generative AI to Mission Critical Mainstream Enterprise Processes

Prnewswire | June 05, 2023

Automation Anywhere, the #1 leader in cloud-native intelligent automation, today announced it is working with Amazon Web Services (AWS) to bring intelligent automation and generative AI innovations to market. Leveraging Amazon SageMaker JumpStart, a service that delivers open-source, pre-trained models and Amazon Bedrock, a fully managed service from AWS that makes pre-trained Foundation Models (FMs) easily accessible via an API, Automation Anywhere will offer customers with greater choice, flexibility and reliability for their generative AI deployments. "Our vision has always been to make automation accessible to everyone, anywhere," said Mihir Shukla, CEO, and Co-Founder. "Putting our cloud-native Automation Success Platform on AWS was the first step, and now through intelligent automation fused with generative AI on AWS we enable every employee in every company with the potential to transform business and reshape the way we live and work." Working together since 2017, Automation Anywhere previously launched its cloud-native RPA solution on AWS. The years-long relationship between Automation Anywhere and AWS has evolved from core infrastructure to the application layer with AI. Automation Anywhere will now develop generative AI powered solutions in customer experience, document processing and contact center intelligence using Amazon SageMaker Jumpstart, Amazon Bedrock, and other AWS AI and ML services, further strengthening the go-to-market relationship. "At AWS, our goal is to make it easy, practical, and cost-effective for customers to use generative AI capabilities across their business," said Vasi Philomin, Vice President, Generative AI at AWS. "We are excited for customers to take advantage of our generative AI innovations to help reimagine customers experiences, boost productivity, and bring creative ideas to life." "We already have deployed thousands of Automation Anywhere cloud native bots running on AWS," said Luciano de Carvalho, Automation Executive Manager at ITAU Bank, the largest bank in Brazil and LATAM. "We are very excited that AWS and Automation Anywhere are working together to combine Generative AI with Intelligent Automation." Automation Anywhere has joined the AWS Independent Software Vendor (ISV) Accelerate Program, a co-sell program for AWS Partners that provides software solutions that run on or integrate with AWS. The program helps AWS Partners drive new business by directly connecting participating ISVs with the AWS Sales organization. The AWS ISV Accelerate Program provides Automation Anywhere with co-sell support and benefits to meet customer needs through collaboration with AWS field sellers globally. Co-selling provides better customer outcomes and assures mutual commitment from AWS and its partners. About Automation Anywhere Automation Anywhere is the No. 1 cloud automation platform, delivering automation and process intelligence solutions across all industries to automate end-to-end business processes for the fastest path to enterprise transformation. The company offers the world's only cloud-native platform combining RPA, artificial intelligence, machine learning, and analytics to automate repetitive tasks and build enterprise agility, freeing up humans to pivot to the next big idea and build deeper customer relationships that drive business growth. For additional information, visit www.automationanywhere.com.

Read More

CLOUD APP DEVELOPMENT, CLOUD SECURITY, CLOUD APP MANAGEMENT

Silk Enables OptaFi to Migrate and Modernize Their Customers' Electronic Healthcare Records in the Public Cloud

Newswire | June 01, 2023

Silk announces that OptaFi is now leveraging the Silk Data Virtualization Platform to help migrate and modernize their customers' Electronic Health Records (EHR) in the public cloud. With Silk, OptaFi helps their customers meet their cloud migration goals by enabling a predictable end user experience while keeping projects under budget and on time. "EHR are notoriously difficult to migrate to the cloud given they require a high level of performance," said Scott Mayo, GM/COO of OptaFi. "Introducing Silk into our solution stack allows our healthcare customers to realize the performance EHR workloads demand and increases scalability while controlling costs." "The future of EHR is in the cloud. The cloud makes it possible to provide a better patient experience, improve faster access to data, enhance security, and increase scalability for times of greater patient activity," said Itay Shoshani, COO, Silk. "Silk has a strong history of helping the healthcare industry migrate and modernize EHR. We are excited to be partnering with OptaFi to help their customers achieve the true promise of the cloud." To learn more about how Silk has partnered with leaders in the healthcare industry, visit https://silk.us/solutions/healthcare/. About Silk The Silk Data Virtualization Platform gives demanding workloads up to 10x faster performance in the cloud. Without refactoring, applications can move to the public cloud without compromising on performance or overspending to mitigate risk. Industry leaders in e-commerce, SaaS, FinTech, and Healthcare trust Silk with their business-critical workloads to get the ultra-fast speeds customers demand. Silk is headquartered outside of Boston, MA. To learn more, visit www.silk.us. About OptaFi, LLC OptaFi LLC is a joint venture launched in 2022 between Sentara Healthcare and Infinite Computer Solutions. Headquartered in Virginia Beach, VA, OptaFi's mission is to modernize healthcare environments with a secure, cloud-first, high-speed, and cost-controlled digital landscape. Designed by Healthcare for Healthcare, their core services include: EMR on Cloud (Azure, AWS, Hybrid Cloud adjacent) transitions and management Healthcare enterprise data analytics platform build and management Cloud HIPAA/NIST security framework build, manage and deploy Cloud cost analysis and assessments (spend control and telemetry)

Read More

CLOUD APP DEVELOPMENT, CLOUD APP MANAGEMENT, CLOUD DEPLOYMENT MODELS

OutSystems Presents its Future of Application Development with Cloud-Native, Superapps, and Generative AI at NextStep Exec

Businesswire | June 02, 2023

OutSystems, a global leader in high-performance application development, today announced a new, executive-only edition of its annual customer event, NextStep Exec, taking place at the Denver Marriott Tech Center in Colorado on June 21. The event will include an exclusive look at what is coming with the OutSystems platform, and the customer stories, apps, and business cases driving innovation and ROI with high-performance low-code. OutSystems Founder and CEO Paulo Rosado will present on the most pressing topics for IT leaders – the role of generative AI in software development, building innovation with tight talent, differentiating the customer experience, and making the business case for low-code to achieve competitive advantage. IDC Analyst Dr. Michele Rosen will share the latest Developer survey on Generative AI, highlighting adoption trends and attitudes of relevance for any organization looking to incorporate the latest AI technology into their IT strategies. “NextStep Exec is for IT executives who are ready to change their application output and transform their business with high-performance development, not the status quo,” said Rosado. “Our customer stories – from decisions to adopt low-code to creating full centers of excellence – will be on full display, showing the real opportunities that exist for companies today. IT should be the center of innovation at any organization, and the IT teams are the heroes who can drive success for a business. You’ll hear from them and their partners about the impact they’re making using OutSystems.” Attendees will get a preview of what’s new and next with the OutSystems Platform, including: OutSystems Developer Cloud, new capabilities for the company’s cloud-native development platform, released into general availability earlier this year; Ionic Portals, a new way to create Superapps and Mobile Micro Frontends in mobile projects that brings together low-code and traditional developers to collaborate across platforms; Generative AI, building on the advantages of AI in the platform over the past five years, OutSystems shows new opportunities to deliver software using generative AI. In addition to the product updates from OutSystems, NextStep Exec will feature networking opportunities and customer sessions on some of the most pressing topics for IT leaders. Featured speakers include: Western Union’s Chief Data & Innovation Officer, Tom Mazzaferro, SRS Distribution’s Adoption Vice President of Innovation & Technology, Patrick Garcia, Gen Re’s Chief Technology Officer, Frank Schmid About OutSystems OutSystems was founded in 2001 with the mission to give every organization the power to innovate through software. The OutSystems high-performance low-code platform gives technology leaders and developers the tools to rapidly build and deploy their own business-critical applications. The company’s network spans more than 600,000 community members, 400+ partners, and active customers in 87 countries across 22 industries. OutSystems is “The #1 Low-Code Platform®” and a recognized leader by analysts, IT executives, business leaders, and developers around the world. Some of the most well-known brands use OutSystems to turn their big ideas into software that moves their business, people, and the world forward. Learn more at www.outsystems.com.

Read More

CLOUD SECURITY, CLOUD APP MANAGEMENT, AWS MANAGEMENT

Automation Anywhere and AWS Bring the Power of Generative AI to Mission Critical Mainstream Enterprise Processes

Prnewswire | June 05, 2023

Automation Anywhere, the #1 leader in cloud-native intelligent automation, today announced it is working with Amazon Web Services (AWS) to bring intelligent automation and generative AI innovations to market. Leveraging Amazon SageMaker JumpStart, a service that delivers open-source, pre-trained models and Amazon Bedrock, a fully managed service from AWS that makes pre-trained Foundation Models (FMs) easily accessible via an API, Automation Anywhere will offer customers with greater choice, flexibility and reliability for their generative AI deployments. "Our vision has always been to make automation accessible to everyone, anywhere," said Mihir Shukla, CEO, and Co-Founder. "Putting our cloud-native Automation Success Platform on AWS was the first step, and now through intelligent automation fused with generative AI on AWS we enable every employee in every company with the potential to transform business and reshape the way we live and work." Working together since 2017, Automation Anywhere previously launched its cloud-native RPA solution on AWS. The years-long relationship between Automation Anywhere and AWS has evolved from core infrastructure to the application layer with AI. Automation Anywhere will now develop generative AI powered solutions in customer experience, document processing and contact center intelligence using Amazon SageMaker Jumpstart, Amazon Bedrock, and other AWS AI and ML services, further strengthening the go-to-market relationship. "At AWS, our goal is to make it easy, practical, and cost-effective for customers to use generative AI capabilities across their business," said Vasi Philomin, Vice President, Generative AI at AWS. "We are excited for customers to take advantage of our generative AI innovations to help reimagine customers experiences, boost productivity, and bring creative ideas to life." "We already have deployed thousands of Automation Anywhere cloud native bots running on AWS," said Luciano de Carvalho, Automation Executive Manager at ITAU Bank, the largest bank in Brazil and LATAM. "We are very excited that AWS and Automation Anywhere are working together to combine Generative AI with Intelligent Automation." Automation Anywhere has joined the AWS Independent Software Vendor (ISV) Accelerate Program, a co-sell program for AWS Partners that provides software solutions that run on or integrate with AWS. The program helps AWS Partners drive new business by directly connecting participating ISVs with the AWS Sales organization. The AWS ISV Accelerate Program provides Automation Anywhere with co-sell support and benefits to meet customer needs through collaboration with AWS field sellers globally. Co-selling provides better customer outcomes and assures mutual commitment from AWS and its partners. About Automation Anywhere Automation Anywhere is the No. 1 cloud automation platform, delivering automation and process intelligence solutions across all industries to automate end-to-end business processes for the fastest path to enterprise transformation. The company offers the world's only cloud-native platform combining RPA, artificial intelligence, machine learning, and analytics to automate repetitive tasks and build enterprise agility, freeing up humans to pivot to the next big idea and build deeper customer relationships that drive business growth. For additional information, visit www.automationanywhere.com.

Read More

Events