Is It Time for a Software Overhaul?

In the following 5 years, the global software market revenue is expected to grow with a CAGR of more than 5%. Naturally, it is predicted to result in a considerable market volume increase, reaching almost US $900bn by the year 2029.

In the conditions of speedy market development and high competition, it’s vital to keep your software up-to-date. It should work flawlessly and show high performance. That’s why software overhaul is important!

With almost 15 years of experience in the background, Stfalcon has in its portfolio projects that were aimed at software overhaul. Even if you do not see your solution wears out, the users expect regular feature enhancements. It should also run faultlessly in the new operating environments and the latest platforms.

Speaking about corporate solutions, we want to highlight that software overhaul helps to cope with integration problems, efficiency issues, and production complications. It deals with the lack of support for legacy systems and the overall business efficiency of the company. The essence of the process is updating or replacing the majority of software being used within a company. It may happen due to the digital acceleration initiative or because the product or system does not meet corporate needs anymore.

Keep reading and learn the major red flags signaling your software needs an overhaul.

Key Signs It's Time for a Software Overhaul

The necessity to overhaul software can be subject to several reasons. The first is the need for changing operating processes. The second is the wish to provide modern features for overall productivity enhancement.

But when is it time for a software overhaul? Certain signs may prompt you the necessity to conduct it as soon as possible. They are as follows:

Performance Issues

Performance issues are the problems that set in when a solution behaves unexpectedly or does not meet the required performance level when subject to an intense workload. It may be a website, an app, or a corporate software system. Such issues can be manifested through unresponsiveness or slow responses. Poor scalability, excessive resource conception, and some more reasons may belong here.

So, if you notice that your software takes too long to load or respond, slows down, crashes, or freezes, consider investigating the reasons. If it additionally consumes too much CPU or memory, leading to reduced system performance, software overhaul is the way out.

Incompatibility with New Technology

The problem of incompatibility is rather common in the modern world. They can not only cause frustration but also disrupt workflows and impact your business productivity.

The incompatibility in modern business technology may be manifested through software that does not function as expected. It may fail on old hardware, conflict with OS after updates, fail to operate smoothly with other solutions, or require considerable time and means to fix glitches.

All you need is analysis and the right proactive strategy to implement the right steps in software overhauling.

Ivanna

Client Manager

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Security Vulnerabilities

Software development is impossible without implementing security measures. However, in course of the time certain vulnerabilities may come out due to system updates. Security vulnerabilities are the software flaws that make it act as not intended, or even expected. Important data loss and the possibility of unauthorized intrusion are the security threats that may directly impact your business.

So, if you have noticed the slightest hints of security susceptibilities, it should be a sign to consider a system overhaul.

High Maintenance Costs

The cost of software maintenance depends on its maturity level. Yet, it should constitute about 20-25% of the development budget. If you notice your maintenance costs go up or are unreasonably high, you may well check the range of maintenance activities. Pay attention to the issues that require interference and the overall functionality of the system. Our experience prompts that you will face the necessity to overhaul your software in the majority of cases.

Lack of Support

Software tends to become outdated in the world of rapidly developing technology. The vendors simply stop supporting legacy systems. It puts business owners in front of the choice – to continue the usage of the product they are used to or to cease using it. The first way is quite a risky one, most probably an outdated solution will soon directly influence the productivity of a company. But, more importantly, serious security breaches are what pose a serious threat to company data and overall operation of its departments.

Decreased User Satisfaction

The negative user experience causes frustration. Complex UI, frequent glitches, slow performance, unclear navigation, and some other factors can result in decreased user satisfaction. If this is your corporate software, it may impact not only productivity but also your business reputation.

To minimize user frustration, prioritize ease of use, intuitivity, reliability, and responsive support. You should also avoid too much info during onboarding, clattered UI, and consistent bugs.

The Benefits of a Timely Software Overhaul

If you are a clear-headed entrepreneur, you can realize the benefits of a timely software overhaul. Answering only several questions might help:

How much would 1 hour/1 day/1 week of downtime cost to your business? What will be the loss in profit and salaries for employees?

If your system is hacked what would the leak of data cost you in terms of money? ...and in terms of your reputation?

How much time will you need to restore your database in case it is irrecoverable?

Guess, it’s already clear that the key benefits of a timely software overhaul process are:

Improved security and corporate data protection

Financial data, client base details, and corporate info are prime targets for cybercriminals. They may use it for fraudulent activities or sell it to those interested, even to the dark web. With regular overhauls, you will avoid such problems.

Increased efficiency and performance

By keeping software up-to-date, you can reap the benefits of the latest technological achievements. Thus, you can be sure innovations help your business to run at peak efficiency.

Solved software compatibility and interoperability issues

An outdated version of the software may fail to smoothly operate on the latest versions of the operating system. It can also be incompatible with other solutions you need as a business. Timely solving the problems of compatibility, you avoid downtimes that may cost you time and money.

Up-to-Date Compliance Requirements

This is especially critical for specific industries with strict regulatory requirements. The software should guarantee data protection and privacy as well as regulatory compliance. In the modern social media-driven world it’s extremely important.

Long-Term Cost Savings

Don't neglect regular software updates and timely overhauls. It will protect your business from the unpleasant consequences of lost productivity, downtimes, data breaches, or data loss.

The Latest and Greatest Achievements You Deserve

Software overhauls reveal new functionality and tools unavailable earlier. They help you optimize interfaces, improve UX, and remove outdated features. As a result, you get a cutting-edge system that keeps you ahead of your competitors.

How Stfalcon Can Help

We have extensive experience in software overhaul projects. Our team has a worked-out algorithm of consequent steps. They include detailed research and business analysis. Further on, we implement the best technological achievements for our clients.

We have conducted a thorough audit of STRONGMom platform. It's a platform helping to improve physical shape before, during, and after pregnancy. As a result, we redeveloped the project from scratch. As our client mentioned, Stfalcons’ experts were patient with their work.

Read the full case study

They delivered suggestions with research that helped them make an optimized app. As a result, our client received a system that is well monetized due to a flexible subscription system.

The Stfalcon team also carried out a project for a food ordering service. First, the team had to redesign an app on the old Ionic framework that duplicated the site and often failed. After an app redesign, we prepared graphics and a UI Kit for devs.

Read the full case study

Stfalcon specialists worked out the migration plan to the new backend. They also took care of synchronization of the existing clients’ base with the future ones.

Conclusion

You should bear in mind several important things. The first is – nobody cares what technology you install and use daily in your company. However, employees and customers value the positive user experience they get when dealing with your product. So, you should care about the tools you provide your workers and clients. The second thing is – you should not be a technical expert. However, as a leader, you should make the right decisions about what experts to outsource the tech aspects. Stfalcon has good tech expertise and knowledge in various industries. To make sure our team is a good vendor for your software overhaul, just contact us and we’ll discuss it. Be sure, the timely investment in proactive overhaul can save you profit and even make much of your investments.