Leveraging AI to close the application knowledge gap

As we move further into the digital age, technologies need to evolve quickly enough to support the constantly changing needs of the modern enterprise. While cloud computing has surged in popularity in recent years, most organizations must simultaneously continue to rely on their legacy systems for many of their core functions. Despite the cloud's ability to minimize IT infrastructure costs and adjust resources to meet fluctuating and unpredictable demand while getting applications up and running faster, 71 percent of the Fortune 500 and more than 90 percent of the world's largest 100 banks, 10 largest insurance companies and 25 largest retailers in the U.S. all continue to depend on outdated systems to power their mission-critical applications. This reliance is not without risk though. Companies across industries say their legacy applications struggle to evolve fast enough to support the shifting, evolving demands of the organization.