What’s Next
A couple of weeks ago, we talked about the fact that enterprises will
nearly double their AI spending in 2024. To do this, companies need to have a strong data foundation. But, today, much of that data is locked inside hundreds of legacy applications.
When the number one reason to continue running a legacy application becomes
a major obstacle to a company’s AI strategy, something will need to change. We believe AI will serve as a forcing function this year for firms to start to address the reasons they continue to run certain legacy applications.
This means that
application optimization will be an important attribute of ADM activity in 2024. Companies will rely on their outsourcing providers for the resources required for these legacy transformation programs as well as their ability to combine cost optimization with modernization.