You have a wonderful product, it can be SaaS offering, accounting software, payroll, event booking platform or anything. However, in recent times you have seen your business struggling, customer needs are constantly changing and this is where the competition gets in.
Product migration and modernization is not an easy task, rather it is the most critical decision for any organization because it involves risk, cost and effort. So, what should be the approach in this case? Well you may be looking for a partner who can help you get the job done.
The question now is, what are the traits of the ideal partner? An ideal partner is one who
has good experience in implemanting migration projects,
owns and takes responsibility of successfully migrating the products,
assesses the risk beforehand and has plans to tackle the same,
has transparent process so that the customer can have complete visibility into the overall development process.
The biggest question though is, do you know that it’s high time that you need to migrate and modernize your product? This blog alerts you of the five signs that helps you predict that it’s high time to reengineer and modernize your product.
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1. Your product no longer fails to inspire prospects to buy it
If the product related analytical figures reveal that customers are discarding it in favor of other options, sales are dropping, and frantic promotion fails to generate sufficient leads; you need to understand that the product requires technological facelift. If word of mouth advertising across social platforms and other channels are directed against your brand, your product needs a boost offered by advanced, sophisticated and contemporary technology frameworks.
2. Your product still relies on time consuming manual interventions
The effective time needed by a product to capture the attention of prospects and make a credible impression on them determines its success or failure. If you are still using manual means to manage inventory, warehouse, e-commerce channels, profit and loss accounts, user details, shipment information etc.; you are progressively going to face a downfall for your product. In order to offer consumers personalized and contemporary experience, you need to host your product on platform that embraces mobile technologies and other cutting edge methods to curtail the incidental time and resource wastage associated with manual means.
Denmark based transportation company approached Gateway to automate end-to-end transportation services. After implementation of SaaS enabled transportation management solution on Web, PDA and Android devices, they experienced 50% effectiveness in planning & management of resources.
3. Low performance resulting into weak scalability and challenging future
Your product needs to keep pace with time to appeal consumers, penetrate into potentially rewarding segments that are still uncharted, and embrace changes dictated by newer and innovative paradigms. The product management has to be carried out through robust systems that are intensively data driven, and consistently need to integrate with high end technological frameworks. If your present system is not agile, scalable, customizable and easily receptive to changes, you need to move on to newer systems.
4. Management of reporting is becoming crucial
If you are constantly battling to generate and manage the report due to the legacy limitations, then it’s time to think about an upgrade. You need to migrate to a streamlined and technologically superior system that transforms the rigorous challenge to optimal report management.
5. You are experiencing difficulties in finding developers for legacy systems
In house developers cost is pain as technology support is stopped. ex. Silverlight – Microsoft will stop support for the same by 2021 hence it will become mandatory to migrate the Silverlight product. The limitation of resources or development team will lose the ability to resolve development and testing issues.
If you still have any doubts, thoughts, worries and need more suggestions and inputs to help you decide then feel free to talk to us. At Gateway, we have helped established companies, start-ups, ISVs and enterprises build 100+ products, migrate 80+ product in the past 20 years. Engaging with an experienced and well-versed partner gives you a head start, so you can focus on strategic goals and market needs.
