Five-ways-to-modernize-your-product

Five ways to modernize your product

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The much-needed approach to Product Modernization

The first question most people may ask when the read the blog title is the “what” part of Product Modernization. Product modernization means an overhaul, or the transformation of the architecture of your product or platform. The second question you may be hinting at is – where should I begin? Let me make that easy by pointing out five different avenues you can explore to modernize your product, application, or platform.

Path #1 Cloud Migration

A lot of fanfare is accompanied in this process if you ask me. Adopting cloud computing has been on the rise, with many organizations looking to scale and increase effectiveness. As a business, you can choose to move to a private, public, or hybrid cloud.

A private cloud, as the phrase suggests, is where you have the island to yourself. It offers you a good deal of flexibility – you can customize it according to your apps, saves costs, all your resources fully utilized, and since you use private links to access the cloud is far more secure.

Public clouds can help you scale, are pay-per-use but are also multi-tenant environments. It means a few more companies could probably be on the same physical server as yours.

Hybrid clouds are just chains. They connect your already existing public or private cloud with your on-prem IT infrastructure to make the sharing of your data and apps smooth and easy.

Many companies prefer migrating to the cloud to fearlessly expand their business because cloud disaster recovery is an added feature that helps you minimize your data loss by quickly recovering all the data from your physical servers.

Path #2 Architecture Modernization

Here is another way to modernize your applications. A recent survey says that 61% of companies turned to microservices in the last year. Microservices doesn’t mean turning your application into bite-size chunks but dividing services that your system performs into neat little squares, each taking care of one service. It is a good option if you plan to scale your business, add more features, and still deliver on time. Oh, and you can drastically reduce the training time for your new hires since they need to learn just the part they are supposed to be dealing with and not everything there is to, of the entire application.

Path #3 Infrastructure Modernization

Technology modernization, a part of infrastructure modernization is assessing your portfolios and technology, your IT and business operations, and determining how you can best achieve your strategic goals. Infrastructure modernization as whole involves beating your legacy systems into shape (now, I am personally against violence, but I liked the idea of going Bam! Bam! with imaginary stuff). I was kidding! There is no beating involved; your systems are in safe hands- nobody is ripping anything off those trusted systems that have been taking you through so far. Infrastructure modernization is updating and modernizing your current IT infrastructure by adding more automation and analytics to it. It is replacing your legacy hardware and consolidating your infrastructure. It is always advisable to have open protocols and standards in the new infrastructure to update it later instead of taking the same route.

Path #4 Data Platform Modernization

It is official – Data is a language you need to learn. Every company must necessarily understand how best to access, analyze, and manage the copious amounts of data that their disparate systems cough up. This is where modernizing your data platform is beneficial. What it means is taking their data warehouse to the cloud, architecting your data landscape, and providing a safe passageway for your data. So, using frameworks, you could integrate or modernize your legacy data platforms and get more insights from your data.

Path #5 Automation

I won’t say I saved the best for last, but automation does tend to make things much easier for all those involved. Getting rudimentary out of the way is a way to modernize your application.  You can use automation to customize your products and deploy those modifications. So, modifying your service or product to give space for those needs will automatically improve your digital sales and enhance the customer experience.  Whether it is automating workflows, some processes, a few automated components, or your entire machine line if you are a manufacturer, that is – automation will outweigh all your thoughts about it being slightly pricey.  Having a piece of intelligent equipment or device with you will help you leverage all the technological innovations in the foray.

There are many other ways to modernize like giving your UX a facelift i.e., UX modernization, or Product maintenance where you invest some time in maintaining your product and keep it from meeting dinosaurs while it is sitting around. You can analyze your software product or application continuously to ensure that it adheres to all the maintenance protocols.

Application or product modernization can be quite a daunting task. It may not be easy to make that change; you will need to think about a few related conditions when you take that leap. Things like are you going all in all at once or is it going to be incremental, what is your strong point – where is it that you will succeed brilliantly and where you may not so much, and finally do you have a good team backing you up with the right set of skills to embark on that journey.

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About Nalini Vijayraghavan

Lead Marcom Executive

  • Artificial Intelligence
  • Machine learning/Azure serverless
Nalini, a Lead Marcom Executive at Nitor for a little over 3 years. A believer in Murphy’s law, an ardent Sherlock Holmes fan, and a math atheist, Nalini writes for a living (literally that is why her salary is deposited in her account). Movies and books are her happy place. Her knowledge of all things man-made or natural is limited to what the Internet and books can tell her (so a word of caution as you read what she writes – take it with a bucket of salt).