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The 'New Normal' has accelerated the digitalization of customers across many Industries due to the level of efficiency, agility and resilience brought by their new business Models. Within this context, it is becoming more and more critical to address 'technology debt'.

'Technology debt' is not just linked to IT obsolescence, but also lack of automation, integration, scalability, availability, and security. Or the impossibility of getting insights from data in Real Time; which are key factors in running the business effectively , especially under the exponentially growing number of cyber-attacks, data breaches, human errors, unpatched software issues and service disruptions.

Only modernizing and cloudifying with a long term data management strategy in mind will remove the 'technology debt'. A pure “like-for-like” upgrade to new software releases is no longer an option, since that approach will introduce new 'technology debt' after a short period of time.