Benefits of Adopting a Continuous Modernization Approach

The Standish Group's 2021 report highlights the effectiveness of continuous modernization (CM) as a strategy for software development, emphasizing its superiority over traditional methods like agile or waterfall in terms of value delivery and customer satisfaction. CM, characterized by incremental updates and continuous improvement, reduces user disruption, technical debt, and monetary loss while fostering sustained innovation. By gradually replacing aging technologies, CM minimizes risks associated with outdated code and allows for the incorporation of user feedback, leading to improved outcomes and user satisfaction. Despite its benefits, CM requires a cultural shift within organizations, moving away from project-based development towards a mindset of ongoing enhancement, necessitating new KPIs and automated testing procedures to support frequent releases. To fully realize the advantages of CM, companies must address the cultural changes and leverage tools like vFunction’s Assessment Hub and Modernization Hub to manage technical debt and transform legacy systems effectively.