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In an era of rapid digitization, most firms in the BFSI sector are being driven to modernize their traditional applications and infrastructure due to significant digitization and competition. This is an age of apps and algorithms – and every firm in this space is using a combination of different emerging technologies to improve its own competitiveness and improve customer experience. It is also common to see banking firms use open APIs for encouraging startups to build apps on top of their own platforms and use a microservices architecture to improve scalability of apps.

However, with a huge number of legacy applications, most firms in this sector are wary about moving to a modern architecture due to the huge possibility of downtime and increased costs. Many of the applications also have technical limitations and cannot be easily migrated due to hardwired data dependencies. As a result, many organizations today struggle to modernize their applications, primarily because of concerns related to cost and downtime. Many organizations are also unsure on the approach to be taken for modernization.

To discuss best practices related to application modernization, we have a power-packed knowledge session from IBM, whose technology thought leaders will share their valuable insights by leveraging the combined proposition of IBM Power 10, Red Hat and IBM Cloud Pak Technologies.

Join Tech Data & IBM on this power-packed virtual session and learn more about how you can move forward as we discuss how organizations can:
+ Secure sensitive data and workloads, support new applications, and deliver consistency and simplicity across the enterprise
+ Develop, run, and manage applications and workloads consistently across hybrid cloud environments
+ Move critical services and optimize them in the environment of your choice
+ Spur innovation and transformation by modernizing traditional applications with containers
+ Reduce data latency and improve application environment consistency by co-locating data and workloads