Maven Group

Tired of unexpected budget expenses❓

📌 Analyzing the Total Cost of Ownership when planning to acuire a business asset is the top solution for the problem.

Business stakeholders often neglect TCO as it requires a decent amount of effort and knowledge of its specifics to be concluded. Yet, without the TCO, you risk spending more than planned and end up losing instead of winning.

To ease your TCO calculation, we prepared an article on TCO analysis for software, its challenges, and valuable tips from our team.

🌟 Read it via https://shorturl.at/szFRS

How to Calculate Total Cost of Ownership for Software Learn how to calculate the total cost of ownership (TCO) for software with our comprehensive guide. Discover the key factors to consider and make the right business decisions.

Did you know that…

…according to Gartner, by 2025, 70% of new applications developed by organizations will use low-code or no-code technologies, up from less than 25% in 2020?

…in 2023, 56% of organizations reported using DevOps or DevSecOps methodologies, up from 47% in 2022?

…over 95% of new digital workloads will be deployed on cloud-native platforms by 2025, compared to 30% in 2021?

🖇️ Being aware of emerging developments turning into actual business practices, analyzing and choosing what to invest in based on accurate data and statistics is the best way to stay competitive and take advantage of newly available opportunities.

In our new article, we review 6 application modernization trends that are worth considering in 2023 and delve into 5 essential tips for preparing for a modernization strategy that will lead to higher chances of success. Check it out ➡️ https://shorturl.at/puJO9

Enterprise App Modernization: Trends and Predictions for Digital Future Learn about the latest trends, predictions, and strategies shaping how businesses modernize their applications. Get ready for the future of enterprise technology!

How do you assess whether technology fits the business needs? ⬇️

The framework to help answer that question is called application fitness assessment✅ It helps IT and business teams decide what course of action is best for existing and future technology and how to make it suit the business goals better.

Proper analysis and priorities according to the data-driven results of the assessment can improve efficiency, reduce maintenance costs, optimize resource utilization, enhance security, and increase customer satisfaction.

So how do you execute the application fitness assessment successfully?

At Maven, we have 2 main stages of the process that we recommend for a high-quality result:

1️⃣ Theoretical project assessment

First, we analyze both functional and non-functional business requirements. Then, we compare those to the existing or future applications and decide whether they are or should be matching. Planning before working on new solutions is crucial to avoid facing unfortunate consequences later.

2️⃣ Practical outcome assessment

Second, as part of the testing strategy, we practically analyze the outcome delivered. Comparing the initial project plans, we assess whether the finished solution matches business requirements to the full extent and identify what needs to be changed or improved.

The benchmarks and key factors that need to be analyzed are set for every business individually. The list can include:

- Security
- Usability
- Compliance
- Compatibility
- Functional fit
- Performance
- Maintainability
- Etc.

An application fitness assessment requires total commitment, thorough attention, and dedication. By analyzing the existing application portfolio and later focusing on the right parts, businesses can maximize their technology's benefits.

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If you are looking for application assessment and modernization from external service providers, check out https://www.mavensolutions.tech/services/

With 13+ years of experience working with businesses of different niches and sizes, Maven Solutions can be just the partner you’ve been looking for 🌟

Interested in microservices architecture? ⬇️

More than three-quarters of organizations of all sizes have already implemented microservices architecture and now reap the benefits. Yet, breaking the monolith is not a cure-all solution.

As with anything technology-related, microservices carry both advantages and disadvantages. The goal is to know both perspectives before making the commitment to change.

Our article offers an overview of the pros and cons of microservices architecture, as well as its use cases and insights on resolving two common mistakes when implementing new architecture. Check it out ⬇️

Pros and Cons of Microservices for Application Modernization Discover the pros and cons of microservices architecture. Find practical tips to help you decide whether microservices suit your needs.

Yes, your business has it too.

Technical debt is simply inevitable. In 2023, 72% of CIOs admit they are behind their digital transformation because of it.

While having technical debt doesn’t always mean that you must immediately eliminate it, if you do not address it at the right time - there is a huge chance of worsening customer satisfaction, facing disruptions to core business operations, draining the budget, and much more.

Here are the 5 strategies you could consider to deal with the problem:

🔹 Change your software development process
🔹 Take up code review techniques
🔹 Track and improve the appropriate metrics
🔹 Establish a constant refactoring culture
🔹 Understand and treat the root cause

Yet, there is more to the topic. Whatever approach or mix of approaches you choose should be based on your business’s specific needs, goals, and priorities.

Read more about technical debt and strategies to eliminate it:

Managing Technical Debt: 7 Winning Strategies Technical debt can cripple a codebase, but you will manage it effectively with these practices. Learn how to prioritize tasks and keep your codebase healthy.