Driven by digital transformation and new regulatory mandates, such as GDPR and PCI-DSS, businesses around the world are engaged in platform modernization initiatives.
IDC is seeing a shift from a "rip and replace" approach toward modernization strategies that are aimed at gaining significant business value in the form of agility, new business capabilities, and a reduction in TCO and risk.
There is an emerging realization that modernization can and needs to take many forms to allow customers to implement the most valuable approach to modernization based on their specific needs.
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