Yesterday, we launched The Forrester Wave™: Software Modernization And Migration Providers, Q1 2024. We appeared on the high 15 distributors available in the market and evaluated them throughout 25 standards. Demand for help continues to propel curiosity in modernization and migration providers, as the main target continues to shift towards the previous on the expense of the latter. Whereas “transfer, then enhance” continues to be a viable strategy, most enterprises understand that the true enterprise worth is derived from modernization as a option to cut back technical debt and open a path to the longer term.
The market is on the verge of dramatic change with the appearance of generative AI (genAI), which guarantees to remodel the character of modernization and migration providers within the years forward as AI will get embedded in accelerators and genAI helps supercharge productiveness. Some might count on modernization efforts to come back with built-in standardized intelligence. Though ambitions loom giant, established use instances are solely now firming up and case historical past examples stay few.
There are six Leaders in at the moment’s market: Tata Consultancy Providers, Accenture, Infosys, IBM, Capgemini, and Wipro. We discovered that Leaders differentiate themselves by having the ability to:
- Mix the flexibility to ship options at scale with a robust differentiated imaginative and prescient for modernization and migration providers. Whereas scale will be measured, a differentiated imaginative and prescient should conform with the shopper’s journey.
- Reveal the confirmed means to put money into rising applied sciences, together with genAI. Will this attribute reorder the Leaders of tomorrow? Time will inform.
- Be conversant with superior teaming fashions and different sides of recent software program supply, together with platform-based — versus factory-based — approaches. Furthermore, pricing fashions are evolving as these team-based buildings are tailored to product-oriented supply.
One other 5 distributors — HCLTech, EPAM, NTT DATA, Deloitte, Cognizant, and EY — are Robust Performers, and Eviden, Tech Mahindra, and PwC are Contenders.
With the dangers of perpetuating technical debt now evident by means of safety breaches, ransomware assaults, and extremely embarrassing software program failures (all at an all-time excessive), now’s the time to contemplate acquiring help within the type of software modernization and migration service suppliers. If you wish to benchmark your present associate in opposition to the present industry-leading suppliers, or are in search of a brand new associate, this Forrester Wave is the very best start line.
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