Edition: International
Thursday 10 July, 2025
BREAKING NEWS

Shallow Earthquake of Magnitude 4.4 Jolts Delhi-NCR

  • News
    • Kochi
    • Trivandrum
    • Kozhikode
  • Sports
  • Business
  • Health
  • Entertainment
    • E24hrs
    • Cinema
    • Directors
    • Actors
  • Education
    • Career
  • Automobile
  • Personalities
    • Political Leaders
  • Religion
    • Christian
      • Catholic
      • Latin Catholic
      • Syro Malabar
    • Hindu
    • Islam
  • Environment
  • More
    • Food
    • Wellness
    • Lifestyle
    • Beauty & Fashion
    • Fitness
    • Mental Health
    • Yoga
    • Video
  • മലയാളം
BREAKING NEWS
100Days: Thirike, Neestream and Gopi Make their Way into the India Book of Records
Aalekh Foundation Announces 3rd Edition of the Aalekh Women Achievers Awards
The Israel Ministry of Tourism Successfully Concludes Largest Civilian Evacuation Operation
Bihar Police Bans Makeup for Women Officers on Duty
Shallow Earthquake of Magnitude 4.4 Jolts Delhi-NCR
AR Classroom of KSUM Startup Infusory at 121 Tribal Schools in Maharashtra
    • News
      • Kochi
      • Trivandrum
      • Kozhikode
    • Sports
    • Business
    • Health
    • Entertainment
      • E24hrs
      • Cinema
      • Directors
      • Actors
    • Education
      • Career
    • Automobile
    • Personalities
      • Political Leaders
    • Religion
      • Christian
        • Catholic
        • Latin Catholic
        • Syro Malabar
      • Hindu
      • Islam
    • Environment
    • More
      • Food
      • Wellness
      • Lifestyle
      • Beauty & Fashion
      • Fitness
      • Mental Health
      • Yoga
      • Video
    • മലയാളം
  • Business
  • 70% of Global CXOs See Mainframe and Legacy Modernization as Top Business Priority: TCS Survey

    By NE Reporter on February 20, 2021

    MUMBAI:
    Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, published the results of its global survey that reveals that more than 70% of CxOs of global companies consider mainframe or legacy modernization a strategic business priority for the next three years.

    The study, conducted in collaboration with AWS, surveyed 211 CxOs and senior decision makers from companies that currently have legacy or mainframe applications. It highlights noteworthy trends on how companies view the future of legacy and mainframe applications in their digital transformation, bottlenecks and challenges in migrating those applications, and the preference for microservices based technologies. Key findings from the report include:
     Over two-third of the respondents are using mainframe or legacy applications for core business operations and over 60% for customer-facing functions.
     Top three challenges with legacy systems were integration with new applications (61%), lack of business agility (57%), and security exposure (55%).
     The main barriers to migrating legacy systems to the cloud were concerns around security (44%), disruption to operations (37%), and reliability (33%).
     Greater agility to respond to market needs (45%) is a key business objective in driving legacy modernizations, followed by improving application performance / responsiveness (41%), and improving availability / disaster recovery and improving compliance / security (38% each).
     Re-engineering / redevelopment (33%) is the most preferred approach for legacy modernization, followed by lift and shift (20%), retain and optimize (19%) and refactor (9%).
     Most of the companies that participated in the survey are currently (64%) or planning to (22%) use tools to partially or fully automate modernization.

    “The survey reinforces our own experiences with customers across industries and markets. They are giving the highest priority to legacy and mainframe modernization in their digital transformation programs, especially during the pandemic. Enterprises are looking for partners who can help mitigate the risks of disruption and deliver high quality outcomes with speed to market. TCS’ deep contextual knowledge, strategic focus on cloud, end-to-end modernization services powered by intelligent automation products like TCS MasterCraft™ TransformPlus, organization design and key partnerships with hyperscalers have made us the preferred partner in their cloud migration journeys,” said Vijayalakshmi Gopal, Business Head, TCS MasterCraft.

    The survey conducted by IDG Research, polled respondents with a title of Director or above, from companies across industries, ranging from mid-sized (1,000+ employees) to large (10,000+ employees).

    NE Reporter

    Business Prioritybusiness solutionsGlobal CXOlegacy modernizationTata Consultancy ServicesTCS Survey

    more recommended stories

    • India International Industrial Expo to be Held in Kochi from January 16

      THIRUVANANTHAPURAM:The second edition of the India.

    • India Needs to Strengthen its AI Ecosystem: KSUM CEO Anoop Ambika

      THIRUVANANTHAPURAM:India should be focusing more on.

    • Full Exemption from Income Tax KSUM Startup Fuselage

      KOCHI:KSUM-incubating deep-tech company Fuselage Innovations has.

    • Coal India Ltd., Singareni Collieries Company Limited (SCCL) and Heartfulness Enter a Landmark MoU

      HYDERABAD:Coal India Ltd., The Singareni Collieries.

    • Preethi Zodiac Mixer Grinder Puts India on the World Map

      KOCHI:In a bold and extraordinary display.

    • Software Development Company Analystor Technologies Opens New Office in Technopark

      THIRUVANANTHAPURAM:Software Development company Analystor Technologies opened.

    • Invest Kerala Global Summit: 86 Projects Worth Rs 31,429.15cr Have Begun, says Minister Rajeeve

      THIRUVANANTHAPURAM:As many as 86 projects, with.

    • Angel Pre-Seed Funding: Rs 42.77 lakh for KSUM Startup Othor AI

      KOCHI:Innovative vertical AI startup Othor AI.

    • DP World Cochin Achieves Record Throughput Surpassing 81,000 TEUS in June 2025

      KOCHI:The DP World operated International Container.

    • Godrej Enterprises Group Powers India’s EV Growth

      MUMBAI:As India’s electric vehicle (EV) sector.

    Live Updates

    • Aalekh Foundation Announces 3rd Edition of the Aalekh Women Achievers Awards
    • The Israel Ministry of Tourism Successfully Concludes Largest Civilian Evacuation Operation
    • Bihar Police Bans Makeup for Women Officers on Duty
    • Shallow Earthquake of Magnitude 4.4 Jolts Delhi-NCR
    • AR Classroom of KSUM Startup Infusory at 121 Tribal Schools in Maharashtra

    NewsExperts.in

    • മലയാളം
    • മലയാളം

    What’s New ?

    • Aalekh Foundation Announces 3rd Edition of the Aalekh Women Achievers Awards
    • The Israel Ministry of Tourism Successfully Concludes Largest Civilian Evacuation Operation
    • Bihar Police Bans Makeup for Women Officers on Duty
    • Shallow Earthquake of Magnitude 4.4 Jolts Delhi-NCR
    • AR Classroom of KSUM Startup Infusory at 121 Tribal Schools in Maharashtra

    Newsexperts.in - powered by Klickevents Infosolutions (P) LTD