Application transformation is an ongoing and continuous process in which an application’s environment and its features constantly evolve based on changing business needs and technology advances. Application transformation enables business-critical applications to stay relevant and aligned with modern user expectations – typically by leveraging technologies such as cloud and big data, as well as the principles of DevOps and agile development. By evolving from legacy applications to always-improving applications, businesses can maintain their competitive edge, accelerate improvements, and remain flexible as systems change.

Following the pandemic, the adoption of a multi-cloud strategy, which provides enterprises and business units the autonomy to choose the best-fit Cloud Service Providers (CSPs) to deploy applications or workloads, has increased. This technology-first strategy allows enables enterprises to fight talent shortages across industries.

In this research, we look at why application transformation initiatives fail and the three success factors for enterprises to define a successful transformation agenda. We also explore enterprise priorities, the talent scenario, and outsourcing considerations to define best-in-class practices for application modernization.

Scope

• All industries and geographies
• Market segment: application services
• Sources leveraged: analyst inputs, Everest Group research (spanning recruiters, industry experts, and industry associations), ongoing interactions with enterprises and providers, and publicly available secondary data sources

Contents

In this report, we examine:

• State of the market for application transformation services and adoption across industries and processes
• Benefits and challenges of the multi-/hybrid-cloud model of cloud adoption
• Enterprise priorities, talent scenario, and outsourcing considerations for application transformation services

Membership(s)

Application Services

Sourcing and Vendor Management