STRONG DEMAND FOR LEGACY IT MODERNIZATION SERVICES.BluePhoenix Solutions (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BPHX), Cary, N.C. a leader in value-driven IT modernization solutions, has released the results of a commissioned study conducted by Forrester Consulting on behalf of BluePhoenix that demonstrate a strong demand from North American North American
named after North America.
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The study, conducted during the first quarter of 2009, was designed to corroborate To support or enhance the believability of a fact or assertion by the presentation of additional information that confirms the truthfulness of the item.
The testimony of a witness is corroborated if subsequent evidence, such as a coroner's report or the testimony of other the motivations that enterprises have when looking to undertake legacy modernization, to reveal specific technology solution needs, and to gain insight into their preferred modernization project models. Of 985 businesses that were surveyed, over 30% indicated that they had allocated budget to legacy modernization activities in the 2009/2010 timeframe.
The cross-industry survey included a rigorous analysis of the modernization needs of those 100 enterprises indicating a desire to migrate from legacy computing platforms, databases and programming languages. Of the businesses planning near term legacy system migration activities, 86% have allocated 10% or more of their total IT budgets for the work.
Findings suggest a significant proportion (25% to 44%) of mainframe platform users plan to initiate projects to reduce or cease the use of the legacy platforms within two years. Those surveyed cited a variety of reasons for wanting to modernize; the most important being the need to reduce operating and license costs, where 79% of those surveyed declared this to be key motivating factor. 76% of those questioned stated that the need to reduce the time and cost of adding new functionality
was an important or critical driver. Nearly two thirds of those surveyed had decided to modernize because of the limited availability When customers of the PSTN make telephone calls, they commonly make use of a telecommunications network called a switched-circuit network. In a switched-circuit network, devices known as switches are used to connect the caller to the callee. of legacy skills.
Results relating to relating to relate prep → concernant
relating to relate prep → bezüglich +gen, mit Bezug auf +acc language migration plans show a large number (58% to 72%) of users of Natural, COOL:Gen, and PL/1 programming languages intend to migrate some or all of their applications to modern languages in the near future, with JAVA and C# featuring as prominent target environments.
Over 70% of the businesses surveyed indicated that they anticipate purchasing migration services. Over 77% of those surveyed stated that primary factors influencing the selection of IT modernization service providers were the availability of appropriate migration technologies, a track record in IT modernization, and market proven systems integration skills.
"The market for legacy modernization services is robust," said Yaron Tchwella, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BluePheonix Solutions in response to this study. "The study provided us with another clear indication of the types of IT modernization services the market is looking for Looking for
In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. - and it is well-aligned with the portfolio of automated migration technologies and modernization services that we offer." He added, "Businesses clearly understand that legacy modernization requires specialist skills. Legacy system modernization is typically a one time undertaking and an increasing proportion of businesses now realize that it is more cost effective to outsource projects to proven experts, rather than utilize in-house resources that don't have the same levels of modernization experience."
About BluePhoenix Solutions
BluePhoenix Solutions (NASDAQ: BPHX - News) is the leading provider of value-driven legacy IT modernization solutions. BluePhoenix offerings include a comprehensive suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration, re-hosting, and renewal. Leveraging over 20 years of best-practice domain expertise, BluePhoenix works closely with its customers to ascertain which assets should be migrated, redeveloped, or wrapped for reuse as services or business processes, to protect and increase the value of their business applications and legacy systems with minimized risk and downtime.
BluePhoenix provides modernization solutions to companies from diverse industries and vertical markets such as automotive, banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page. , insurance, manufacturing, and retail. Among its prestigious customers are: Aflac, Capita Group Capita (LSE: CPI) is a British company with its headquarters in London which specialises in business process outsourcing, having clients in central and local government, and in the private sector. In 2006 the company posted a profit before tax of £193. , CareFirst, Citigroup, Danish Commerce and Companies Agency, Desjardins, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County Employees Retirement Association, Rabobank, Rural Servicios Informaticos, SDC SDC Silver Dollar City
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Greek Temenos (τέμενος, from the Greek verb τέμνω , Toyota and Volvofinans. BluePhoenix has 15 offices in the USA, UK, Denmark, Germany, Italy, France, The Netherlands, Romania, Russia, Cyprus, South Korea, Australia, and Israel.
For more information, visit http://www.bphx.com.