5 Checks to help you Decide if you should Modernize your Product

Consumers and the market always demand innovative products. Older products are either replaced with newer ones that are more innovative and purposeful or modernized with upgraded features.

Products that are continuously upgraded, in other words systematically modernized, are built by knowledgeable makers who understand why they should modernize, and when and how to modernize. They put consistent efforts to innovate constantly.  

1

Is your old product outdated compared to that of your competitors? 

The sooner and the faster you work on keeping up with changes in the digital ecosystem and hardware, communications, and electronics, the better are your chances of adding new features to the product, continuing your customer engagement, and growing steadily.

2

Huge Technology Debt?Huge Technology Debt?

Appropriate modern technologies build a functional product whereas old technologies obstruct modernization. Modernizing the technical part of a product makes it scalable, agile, and fault-tolerant.

3

Are there any problems with the foundation?

The Foundation of a product includes both foundational features and the tech foundation. It determines how secure and reliable a product or application is. And if the foundation is not strong, the product cannot grow, and its reach shrinks. 

4

Is your old product outdated compared to that of your competitors? 

The main problem with older technologies is that they make the products more bug-ridden, forcing developers to spend more time and energy. Hackers have more knowledge of loopholes in older systems, and hence they’re more prone to security attacks.

5

Is your team culture modern?

Team organization doesn’t only depend on business visions and product/project goals, it also depends on technologies used and methodologies followed by the team. Modernizing products have a valuable side-effect, it incorporates Agile and DevOps principles in the teams.  

So… it is imperative to define a modernization strategy. To find the most suitable one for your company, please visit our website.