As comfortable as those old pair of slippers feel when you cozy up by the fireplace, the fact remains that at some point, the wear and tear will catch up with them, and they may not meet your footwear needs. No matter how much you love them, you’ll have to consider replacing them with a newer pair.
And just as comfortable and reliable as your legacy systems may appear to be on the surface, sooner than later IT departments will have to decide whether to modernize their business processes and applications or risk getting left behind the competition.
Sometimes the tools and systems you’ve relied on for years just work for your business and will continue to meet your daily business needs for the foreseeable future. But when you’re ready to bring on new partners and services, migrate applications to the cloud, or support big data initiatives, legacy systems may not provide the capabilities that are required to be successful. If you are receiving charge backs from your trading partners or if your system is decade old, it is likely time to consider modernizing your EDI solution.
These challenges commonly include:
- The inability to handle multiple data types
- Poor data security
- Manual integration and customization
- Little visibility into data flows
- Poor error ID and resolution processes
- Overall latency in data movement, mainly due to one-off or customized integrations
The inability to meet these challenges head-on ultimately will limit growth, and maintaining legacy systems prevents business scale. Additionally, legacy systems tend to require extra resources with specialized skill sets to manage, which don’t support the agility, flexibility, and streamlined business operations that enterprises demand.
Five Questions to Ask About Your Existing Systems
Before making the decision to modernize IT operations, an enterprise needs to have a complete and fundamental understanding about its systems currently in place. And in order to gain that understanding, there are five questions that an enterprise must ask itself:
- Are you able to accept and process multiple data formats from all internal applications and partner systems?
- Do you need to customize integrations to connect to new applications and trading partners?
- Are you able to expeditiously handle increased volumes of data from new applications and trading partners?
- Are you able to identify data processing errors and resolve them quickly?
- How much investment is tied to supporting legacy systems, such as chargebacks, development expenses, and maintenance costs?
The Role of Integration
There certainly are other considerations the enterprise needs to weigh when contemplating the modernization of its IT systems (cost, technology and business needs, etc.), but the most important one centers on whether the business can adequately integrate any new technology into its current IT stack. And it’s why integration technology is so critical to any IT modernization project.
Enterprises stand to significantly improve their data exchange capabilities, enhance partner relationships, and also reduce the risk of costly errors by consolidating integrations among your business systems. Organizations that do decide to replace a legacy system must ensure that they can quickly and easily make the move without disrupting existing business workflows and processes, and enterprise integration technology enables a successful data migration.
With a centralized integration platform that flexibly supports an automated and seamless flow of all data exchanges, companies can take on new systems to support modern business requirements.
The Benefits of Centralized Integration
Once the decision is made to replace and upgrade your legacy IT systems, a centralized integration platform will deliver several important benefits. Some of the ways that enterprises improve their business using integration technology include the ability to:
- Onboard new applications and partners faster
- Provide faster responses to changing partner requests
- Access real-time data transaction views
- Provide end-to-end data governance to ensure compliance
- Receive automated notices should an issue arise to quickly identify and resolve errors
In today’s modern enterprise, speed is the name of the game. And with a centralized integration platform, enterprises can connect with trading partners faster and better serve their customers. Cleo Integration Cloud allows you to connect, integrate, and analyze every single end-to-end data flow between your ecosystem of customers, partners, suppliers, or external applications as well as your internal business systems.
Cleo Integration Cloud provides enterprises a comprehensive, complete solution for all B2B, application, and data integration needs. Featuring the flexibility to be deployed on-premise or in the cloud, as well as additional in hybrid environments that include both self-service and managed integration service options, Cleo Integration Cloud allows businesses to integrate anything, anywhere.
Download “The Common-Sense Guide to IT Modernization” to learn more about what it means to modernize, how to support legacy IT systems replacement, and how an ecosystem-driven integration platform enables enterprise agility, insulates organizations from disruption, and support digital business transformation.