BURLINGTON, MA., October 18, 2010 -- Nexaweb Technologies today announced a new legacy-to-cloud application modernization solution that features advanced cloud transformation software, a proven methodology, expert project resources and a fixed-price, fixed-time guarantee. Nexaweb has modernized more than 450 legacy applications for 200 customers worldwide, including Rabobank, Sungard, Jefferies & Co., DHL, EMC, Nokia Siemens Networks and US Air Force.

“The escalating maintenance costs for legacy applications are preventing too many companies from investing in new technologies and applications to create competitive advantage and increase revenue,” said Chris Heidelberger, CEO at Nexaweb Technologies, Inc. “Nexaweb’s legacy-to-cloud solution can transform these growth-limiting legacy applications into modern web solutions that are accessible to anyone from anywhere, reduce data center and maintenance costs and enable new business models that fuel growth.”

Legacy application modernization is one of the most pressing problems facing IT today. In a survey of 220 IT professionals conducted by Nexaweb this month, more than 90% of respondents acknowledged their organization had a legacy application modernization problem, with more than 50% of the total characterizing their organization’s issues as a serious challenge. Email info(at)nexaweb(dot)com to request a copy of the full survey results.

The top four reasons cited by respondents as motivations to modernize their legacy applications were to:

1.    facilitate integration with other applications in their portfolio

2.    reduce maintenance costs

3.    meet user change requirements faster

4.    eliminate unsupported hardware and software

Scott D. Nelson, a managing vice president in Gartner Research, recently recommended that organizations fund a modernization/application overhaul program today to avoid the “train wreck” that could result from additional delay: “Most IT portfolios have grown up haphazardly throughout the years, mixing technologies, vendors and architectures that require increasing resources to manage. An overhaul initiative works with the application strategy to drive the IT organization to achieve a desired state, usually with the intent of modernizing it. Note that it is not just buying new computers. Modernization is about creating a more-flexible and dynamic IT environment.”

Repeatable Approach

Nexaweb’s proven methodology for transforming applications from expensive-to-maintain legacy architectures with limited accessibility into highly accessible web applications running on lower-cost cloud platforms includes the following steps:

Portfolio review -- Analyze the portfolio of legacy applications and recommend the optimal path forward for each: transform, replace, re-platform, consolidate or end-of-life.

Code capture -- Profile legacy application code to create system documentation and determine what can be reused.

Transformation -- Re-factor and re-platform the legacy application into an SOA- and cloud-based rich internet application (RIA) that is securely accessible via any browser on any platform or mobile device.

Deployment -- Phased roll out of the transformed application ensures strong adoption and more complete achievement of the desired business goals.

Expert Resources

Nexaweb’s legacy-to-cloud solution includes a cost-effective mix of on-shore and off-shore project-leadership, design, and development resources with expertise in modern and legacy application technologies.

Application Transformation Software

The Nexaweb legacy-to-cloud solution includes patented application transformation and cloud application development software, which further reduces project time, cost and risk. Nexaweb’s software transforms legacy systems into rich internet applications (RIAs) that support a wide variety of use cases, including intensive data entry, mobile access and real-time data streaming.

At the core of the Nexaweb legacy-to-cloud transformation solution is the Nexaweb Enterprise Web Suite (Nexaweb EWS), which features:

Legacy code analysis and capture tools

Pre-built Cloud application reference frameworks for Java and Ajax

Rich internet application development

Zero-install deployment to any browser or device

Fixed Cost, Fixed Time, Guaranteed

The Nexaweb legacy-to-cloud solution is “turn-key” -- with a fixed cost, in a fixed time, guaranteed. The company’s success delivering more than 450 application transformations for 200 companies around the world gives it the confidence to bear the risk of cost over-runs. Nexaweb customers typically achieve a payback of 1.5 - 3x within 12 months of deployment.

About Nexaweb

Nexaweb Technologies, Inc. is the leader in legacy application modernization using cloud computing. Nexaweb has modernized more than 450 legacy applications to date -- and is the only company offering a fixed-time, fixed-price guarantee. More than 200 customers, including Rabobank, Sungard, Jefferies & Co., DHL, EMC, Nokia Siemens Networks and US Air Force have leveraged Nexaweb software and services to modernize their applications and transform their businesses. For the latest news and information, follow Nexaweb on Twitter at http://www.twitter.com/Nexaweb and visit http://www.nexaweb.com.

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Source: Nexaweb