Industry Driving Forces

Organizations of all types are continually striving to enhance their business information systems. Four major driving forces affect the strategies that CIO’s and other IT leaders pursue relative to their legacy systems. These drivers include:

Customer needs – The capability and quality of such systems to fulfill the needs of customers often differentiate an organization from its competitors.
Regulatory changes and emerging standards – Concurrently, organizations are continually under pressure to respond to changes in laws, regulations and policies that govern their operations. Similarly, emerging industry standards may require changes in system functionality.
Evolving technologies – New functionality in new versions of products or entirely new products provide opportunities to enhance systems. Sometimes, as technology evolves, vendors discontinue support for a component of a system, which in some cases puts mission-critical legacy systems at risk.
Budget and time constraints – Leaders responsible for legacy systems must endeavor to balance all driving forces with the cost of systems development and operations. In fact, organizations typically face the need to provide more and better functionality in shorter time frames and reduced budgets.

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