360Quadrants, the world’s only comparison platform that combines expert analysis with crowdsourced reviews, has released a quadrant on the Top Application Modernization Services market to help businesses make quicker and more informed decisions. 360Quadrants recognizes IBM, Accenture, HCL, Micro Focus, and Oracle as Visionary Leaders, and Asysco, Bell Integrator, Nous Infosystems, and Sensiple as innovators in the Application Modernization Services space.
The platform provides Application Modernization Services Reviews and comparison between 25 vendors based on product offerings and company parameters. 360Quadrants has been generated by MnM analysts who have been tracking emerging technologies and vendors (product portfolios and business strategies) for over a decade. Quadrants are expected to be updated every three months, and the position of vendors will reflect how buyers, industry experts, and other vendors rate them based on different parameters.
360Quadrants analysed 25 vendors in the Application Modernization Services market on a quadrant and categorized them under visionary leaders, innovators, dynamic differentiators, and emerging leaders. Among all 25 vendors, MICRO FOCUS Enterprise Application Modernization made its way to the top 5 in the visionary leader category, mainly because of its established product portfolio, a robust market presence, and sound business strategy. It shares top space with other performers such as Accenture, IBM, HCL, and Oracle.
About Application Modernization Services
Application modernization services mainly include tools and methodologies for the transformation of legacy applications to optimized, modern applications, or platforms. The major components of the services include assessment, migration, integration, replatforming, re-hosting, recoding, re-architecting, reengineering, remediation, and replacement & retirement.
Recent activities in Application Modernization Services covering Micro Focus include:
- New Products from Micro Focus to Enable Modernization of Core Business Systems
Micro Focus released its Visual COBOL 4.0 and Enterprise Suite 4.0 to the general public to enable modernization of core business processes and technology. These products are set to provide a higher level of business agility, and better access and security at a low cost.
- Micro Focus to Be a Good Choice for Enterprises Pursuing Multi-Cloud Strategy
Micro Focus offers an extensive portfolio for the migration of servers. Its products can accommodate migration from or to the cloud, or a virtual or physical environment as well. One of its products, the PlateSpin Migration Factory Tool, is especially good for large organizations as it can accommodate the migration of more than 10,000 servers at a time. Micro Focus is also a good option for companies that are looking to adopt multi-cloud strategy.
More About 360Quadrants
360Quadrants essentially compares companies in emerging technologies on six broad maturities: product maturity, company maturity, use-case maturity, investment maturity, technology maturity, and business outcome maturity. Each company is reviewed by four stakeholders — buyers, industry experts, other vendors, and MnM analysts— to make comparisons unbiased. 360Quadrants aims to simplify and de-risk complex purchase decisions. Buyers get real-world insights from all four directions — peers, industry experts, analysts, and vendors, helping them make informed decisions quickly and find best-fit solutions. Vendors get to position themselves to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. Experts get to grow their personal brand and increase their thought leadership. The 360Quadrants platform targets the building of a social network that links industry experts with companies worldwide.
360Quadrants, powered by MarketsandMarkets, has also launched quadrants in fields like Predictive Analytics, AI in Fintech, and Artificial Intelligence Platform.
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