The market for software migration from legacy systems has been limited to $30B a year or so because migration is very expensive and maintenance is easier. Talking to older firms, there is a real backlog of scoped cheaper migration projects being unlocked by AI surprisingly fast
AI is unlocking a backlog of cheaper legacy software migrations
AIEthan Mollick says the software migration market from legacy systems has been limited to about $30B a year because migrations are costly and maintenance is easier. He reports from talks with older firms that AI is unlocking a real backlog of scoped, cheaper migration projects surprisingly fast.
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Original title: The market for software migration from legacy systems has been limited to $30B a year or so because migration is very expensive and maint...