PLM has become key capability for best-in-class companies that develops high quality and innovative products. PROLIM has developed PLM solutions for large companies, developed a systematic approach to help companies to make the right decision about legacy systems migration.
Many enterprises since from decade are using complex legacy systems that are disconnected, rigid on process improvements, and weaken growth initiatives. The investment to replace these legacy systems may look higher, but as organizations look for increased growth, revenue, meet new markets, etc., they have to undertake deeper thinking about cost of carrying those legacy systems and their financial plus business impacts.
Organizations with legacy systems see an increasing need to drive great value out of their legacy systems. Legacy systems provide the most value-generating business processes, because they were automated earlier than the other modern systems.
Most of the automation drives can’t take advantage of legacy systems effectively, because these systems are more ancient than the automation experts would like them to be for applying their business value in the automation initiatives. Therefore, any strategy to bring in value without incorporating the legacy systems is bound to have limited success.
Legacy systems that started as the focus areas for their respective projects gradually lost their appeal as sources of continued system development, because the conventional wisdom was that you would be only adding to old technologies. Considering that a generational change in computing technology takes as little as three years, the problem described here is happening at a pronounced pace.
But it’s clear that your legacy systems form the base from which your enterprise can continue to improve upon existing processes. So your business strategy for change in technology should incorporate legacy systems.