One of the reasons products fail to achieve their organizations’ expectations is delayed time-to-market. Delaying the commodification of innovative products and features can cost them dearly. Independent Software Vendors (ISVs) often get caught in this pitfall. This isn’t unique to product development. When organizations undergo digital transformation, time is an important factor that goes into the process. If the digital transformation journey takes a lot of time, they are more likely to experience disruptions in operations and deviate from their business strategy.
In the last decade, microservices and cloud technology dominated the software landscape and they still do. Migrating to the cloud and re-engineering the applications to the microservices architecture has become the norm. This is because the combined power of microservices and the cloud means better scalability, manageability, and accessibility. Organizations that adopted them transformed their businesses dramatically and became industry leaders.
While we have gotten out of the monolithic age, the emergence of a microservices dominated software industry has changed the rules of the competition. Vendors are releasing new applications more often and vying to accommodate more customers. This has increased the attention on time-to-market and platform-based business models. These are two of the reasons ISVs are looking for accelerators that speed up the time-to-market and enable SaaS. These accelerators are designed to assist vendors to make sure the migrations to the cloud and microservices architecture are seamless and cost effective.
Shortcomings of legacy systems
Software vendors usually migrate from monoliths to microservices when they grow in complexity and size. There are however architectural and organizational challenges that goes into play during such transitions. Re-engineering the monoliths to microservices might take a lot of time and effort and is usually done in small parts. This is due to expansion of the company’s offerings and addition of new microservices to replace the old monolithic code.
Companies that operate using generic payment systems and on-premise applications usually suffer from constricted revenue streams. They struggle to accommodate more customers due to difficulties in scaling up of the application. Retaining customers also becomes difficult due to the outdated payment system. SaaS based subscription models or SaaS application development can solve these problems and help companies regain customers and rejuvenate their revenue streams.
Scalability is an issue in monolithic applications. Applications that get bigger overtime will become harder to scale up and organizations will have operational issues. Another problem with monoliths is we cannot scale each service as opposed to microservices where we can scale independently.
Let’s understand Re-engineering with SaaS development framework Techcello through this example.
Techcello is a platform with pre-built modules available in the form of containers and microservices. It is a SaaS development framework and modernization suite that can be used to modernize legacy systems in just two steps.
Techcello helped a multinational professional services network provider and one of the Big Four accounting organizations in the world that have three lines of services – Audit, Tax and Advisory services by accelerating its cloud-rengineering process. One of their branches was in the middle of a digital transformation journey and wanted to re-engineer their monolithic application into a modern digital service suite on a Cloud-based Digital Services Platform. They expected their digital transformation journey to make their application to be highly scalable and customer-friendly. To increase their revenue and accommodate more customers, they wanted to adopt a subscription-based business model.
The company wanted to modernize their application and into a digital service suite on cloud and Techcello was the best option for them. Since they were in the middle of the digital transformation, time was of the essence and Techcello is known to expedite the migration process. It took the company just 3 months to modernize and build their SaaS platform using Techcello. All microservices are now multi-tenant and highly scalable. For improving the revenue flow, the company implemented a SaaS-based subscription model with multi-tenancy. Continuous integration and Continuous delivery (CI/CD) processes were also automated.
Benefits of re-engineering and SaaS cloud solutions
After the modernization, company’s applications and databases became highly available to the users. They also achieved faster time-to-market and end-to-end CI/CD. The microservices architecture made the application highly scalable and secure.
Techcello is a development framework that can expedite digital transformation journeys and help you build lucrative business models. It can also be used to build Greenfield SaaS applications, optimize your monetization capabilities, and SaaS-ify your existing on-premise applications. One of the greatest things about Techcello is the fact that it is highly customizable and can be tailor-made to fit the customer’s requirements. The pre-built modules will also be used individually or can be used together. It can also enable you to modernize SaaS applications to microservices applications or build new microservices applications from scratch.
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