Why Business Apps are indispensable in 2021

 

Ensuring that corporate processes run smoothly is still one of the great challenges and is taking on a new dimension due to the social and economic challenges posed by COVID-19. Triggered by the “New Normal”, companies around the world are busy innovating in order to minimize/limit disruptions to their businesses and supply chains.

 

As worldwide digital transformation accelerates, cloud adoption, remote working, the automation of processes, IoT integration, and the networking of systems through digitization are causing a radical change and massive structural changes within companies. As part of this digital transformation, business applications are also increasingly being used and are now an integral part of everyday work in many areas of the company. These smart applications have become an important competitive factor thus companies are increasingly making customized applications available to employees, customers, and partners.

 

Driven by real-time capability and the seamless documentation of processes, business-to-business (B2B) applications are now a hot commodity in the workplace. In fact, the demand for B2B apps is expected to drive the market to $140 billion by 2023. This growth is justified by the prevalence of mobile devices and the way employees manage their personal lives on smartphones. According to Statista, a total of 218 billion mobile apps were downloaded in 2020, up from 204 billion app downloads in 2019. Around 3.4 million apps are available for download in Google Play while nearly 2.09 million apps are available on the Apple App Store. But not everything that shines is gold, in order to take advantage of these apps, they must be developed in an agile manner.

 

There is no point in designing a B2B mobile application if it does not precisely meet a business need and there’s hardly an operational process that cannot be optimized using an app. The areas of application are almost endless and cross-sectoral – whether automatic control of a machine, management of the supply chain, or mobile simplification of business processes. Large IT corporations such as IBM and SAP have long recognized the trend and have launched hundreds of business apps of all kinds on the market. Many company processes can be flexibly supported with these smart apps. An increasing number of companies are progressively dependent on the use of technical solutions such as smart devices in order to meet the expectations of their customers in terms of mobility. Not only they can automate tasks but also stay organized and streamline their business processes. The ultimate goal is to achieve an increase in the efficiency of processes through the optimization and automation of existing processes because companies that get the operating model right can see dramatic improvements. Working with apps offers significant potential for improvement, especially where manual and non-IT-controlled processes are encountered.

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Companies are increasingly relying on digitization and making their workplace “smart”. Areas with highly standardized processes and clearly defined procedures are particularly suitable for mobile solution replacement. Many tasks can be processed and managed via the app directly from the employee’s mobile device, with all communication being handled directly in the app. Bad accessibility of employees, the complexity of the assignment of tasks and the enormous administrative effort can also be significantly optimized. As a result, human errors are avoided and 100% transaction security is guaranteed.

 

Additionally, more and more companies are relying on cloud solutions for their digitization projects, because the operation of systems and applications from the cloud offers a multitude of advantages. Mobile apps are environment-friendly as they reduce the paperwork required in business operations. When the information is shared across your cloud-based network as digital documents, the business process becomes easier to handle and operate. Cloud also enables rapid availability and flexible use of applications as required. A particularly important reason for cloud solutions is the quick and easy implementation of digitization projects. Thus, complex internal IT resources can be minimized, since both the operation of the application (including updates, releases) and the complete provision of infrastructure and computing power can be outsourced. The scalability also enables a rapid increase or reduction in users and rental models can avoid complex budget processes.

 

 

 

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Strategy Analytics: Mobile Business Applications Market Will Hit $140 Billion By 2023

Making Old Software New Again – 5 Ways to Modernize Legacy System

Making Old Software New Again - 5 Ways to Modernize Legacy System

In times of cloud computing and digitization, many companies are deciding to replace their legacy applications with new developments. One thing is clear when you look back at the history of IT and software engineering everything changes. These changes concern hardware upgrades, improvement in software, language, infrastructure, and methodology. This advancement has allowed IT to stay ahead of ever-changing business demands in an everlasting competitive era.
According to Statista, the global application modernization tools market is expected to grow from USD 11,412 million in 2020 to USD 24,803 million by 2025, at a CAGR of 16.8% during the forecast period. The rise in demand for cloud services, lower costs, and increased security are among the most common reasons why companies are modernizing their old applications and software. Legacy systems modernization also helps companies to improve their customer acquisition strategy, provide a better customer experience, earn the loyalty of their returning customers, and cut costs. Often, positive effects can be achieved even with relatively manageable effort.

Here below are few modernization measures that promise quick wins.

 

  1. Upgrading outdated software

Many companies continue using outdated systems, regardless of their age or the quality of underlying technologies. Their argument to defend the software is that the software has been working just fine for decades and is still able to cope with most of its tasks so why fix it if it isn’t broken?
Well, what they don’t see is the hidden costs of their legacy systems. While they continue to run outdated versions of software, such as is often the case with Windows XP, the increase in maintenance and support costs is promised. First, companies have to use the extended support of the provider against high payments. After the end of the official support period, they are forced – if available – to purchase individual solutions for the support against horrendous contributions. If there is no support at all anymore, they have to buy the source code of the software and maintain it for a lot of money. Additionally, as these legacy softwares are no longer supported by the manufacturer, they aren’t secure and put data at risk. By upgrading to newer versions, operating costs can therefore be significantly reduced and security can be enhanced.

 

  1. Switch to open source

Switching from proprietary to open-source software can also save costs. An example of this is Oracle’s database migration to PostgreSQL. PostgreSQL supports most programming languages and compares in terms of functionality and performance. Thus, the database offers a real alternative in many cases but saves companies the license costs.

 

  1. Switch to virtualization or cloud

Your hardware costs can be reduced by migrating applications from dedicated physical to virtual machines or to the cloud. By migrating servers to virtual machines, the company can enable more efficient use of the server hardware, reduce overall operational costs by having less hardware in total, consume less power, and occupy the less physical room. Operational costs can also be reduced due to reduced physical hardware requirements.
In a cloud environment, a company no longer needs its own hardware to run applications. Cloud allows affordable and accessible storage of data in cloud-based servers, with the data easily retrievable when required. You can opt for pay-as-you-go service. By paying predictive monthly costs, companies no longer need to worry about replacing their servers ever again.

 

  1. Encrypt transmission paths

Every business has to follow certain guidelines within protocols to look for vulnerability assessment in a legacy system. The security of legacy applications can be increased by encrypting the transmission paths of their data. Often, outdated, unencrypted protocols are still used here – such as HTTP for the transmission of web page content, FTP for the transmission of files, or Telnet for remote access to computers. They should be replaced by the modern, encrypted protocols HTTPS, SFTP, or SSH.

 

  1. Implement password policies

Guidelines for proper handling of application passwords also provide more security. Employees should be encouraged to use only strong passwords that are long and complex enough. In addition, the passwords should be renewed regularly and should under no circumstances be kept accessible to anyone – certainly not on a post-it stick to the screen.
Weak passwords are not only responsible for hacking emails, Facebook, or Instagram accounts but also enterprise applications. Implementing strong password policies is therefore a good example of how to achieve positive effects with little effort.

 

Conclusion

Legacy Application modernization doesn’t happen in one day. Instead, it’s an entire journey and the best results occur when companies embrace a holistic approach that’s future-oriented and considers enterprise goals. With legacy modernization, you can transform your IT ecosystem based on current and future business needs and build a flexible foundation for future innovation.
If your company still relies on outdated software, Xorlogics can be your partner in the journey to digital transformation and make your business future-ready. With a strong understanding of business needs and technology, we handle every aspect of legacy-system modernization: from analyzing the current solution, creating a roadmap for developing a solid business strategy, prioritizing the features to rebuilding your product from scratch, using the latest technologies and architecture solutions.
So, don’t hesitate to fill this form and our experts will contact you as soon as possible.

 

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