Business agility and cost reduction are two fundamental factors that drive modernization. Added to this are the growing technology obsolescence. According to Gartner, by year-end 2010, more than one-third of all application projects will be driven by the need to deal with technology or skills obsolescence. Forrester’s new survey revealed that modernizing key legacy applications is the top software initiative for businesses in year (2009). Rising cost of maintenance, integration challenges, technical skill obsolescence, demanding market and industry regulation changes are front runners business...

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