It’s no secret that modernizing technological infrastructure and migrating to the cloud is a necessity, not just an option, to maintain competitiveness in an increasingly digitized business environment. However, for organizations dependent on legacy systems, the process isn’t straightforward.
Legacy systems are technologies or software applications that, although they may function adequately in daily operations, over time become obsolete or may even hinder business growth and innovation.
One obstacle these companies face in making the leap to modernization is the comfort and familiarity with existing systems. After years of stable operations, transitioning to a new infrastructure can seem risky.
The flip side of this resistance to change is that tech leaders struggle daily with the inability to perform routine tasks in a cloud operation: system integration, report generation and Business Intelligence usage, access to innovative solutions with artificial intelligence, creation of new functionalities, continuous software updates, and more.
Additionally, the economic investment and time required often discourage transformation, as organizations with legacy technology often handle large volumes of data and must comply with numerous regulations.
System modernization implies a significant, yet not necessarily abrupt, change. This opens the possibility of moving select parts of the workload to the cloud while maintaining some legacy systems until they are ready for transition. Existing applications can also be updated to make them cloud-compatible, or adopting cloud-native architectures can improve flexibility and scalability.
This highlights the importance of having a business ally with experience and expertise in cloud technology. For Evertec, the goal is clear: to offer our clients the necessary solutions and support to make this transition securely, efficiently, and effectively. The integration of Nubity into Evertec has been a key step in our mission to transform our clients’ technological experience across the region.
Benefits of cloud
migration with Evertec:
Scalability:
Allows for rapid implementation of changes and scaling according to market demands.
Cost:
Eliminates the need for investment in expensive hardware and ongoing maintenance.
Security:
Cloud service providers handle security and system updates and have advanced measures like data encryption, controlled access, and continuous monitoring.
Optimization:
Access to innovative solutions such as Artificial Intelligence and advanced analytics to drive business growth.
The path
to modernization
Before embarking on migration, what initial steps should the company take and what should it focus on?
Inventory:
Migration requires an understanding of dependencies, integrations, and performance requirements. A comprehensive inventory of applications and data should be conducted to identify components that can be migrated, refactored, or replaced.
Regulations:
Digitalization and cloud migration involve high responsibility and data security management. Reviewing specific requirements and regulations mandated by governments and industries is essential before any implementation. Examples include GDPR, HIPAA, or PCI DSS standards.
Incremental approach:
After reviewing regulations, adopting a phased incremental approach is recommended. This involves evaluating current systems and business needs to develop a detailed migration strategy with clear objectives, timelines, and resource allocation. Prioritizing critical and high-value applications first allows for refining the process before moving to the next phases. Each client will have a distinct approach as there are no magic formulas.
Monitoring and updates:
A fundamental part of a successful transition includes incorporating monitoring and performance management tools to ensure systems operate optimally in their new environment. Continuous adjustments and optimizations should be made to maximize cloud investment value.
Implementing new tools implies not just technological changes but also cultural and organizational shifts. Involving and training teams and collaborators is crucial to ensure they can fully leverage new technological environments and capabilities.
Discover how Evertec can make this transition for you at SalesManagementEvertec@evertecinc.com.