Is your business still operating on a legacy system? It could be high time your systems went through an upgrade.
Much like your favourite smart devices or gadgets, legacy systems for your business go through wear and tear as well. While your legacy system might not be posing any problems or affecting your business as of now, you would not want to be scrambling for a brand new system when your business starts to get left behind your competition.
In general, legacy systems are software or hardware that are outdated, but are still in use in businesses or offices. While they are functional, they are not scalable as they usually do not allow your team to connect to new networks, cloud-based applications or newer solutions. Read on to find out when you should give your legacy systems a facelift.
Signs You Should Upgrade Your Legacy System
1. Security Concerns
Having the right cybersecurity solution is highly crucial to protect your business from malware or possible attacks that can result in a revenue loss or data loss. If your business is still relying on a legacy system that is out of date, it is more vulnerable to hackers than newer technologies and ERP systems. This means that having a data breach is imminent, since your legacy system probably does not offer regular patches for protection against sophisticated hackers of today.
2. Incompatibility With New Systems
Since older legacy software were implemented while technology continued to advance rapidly, they are not as up to date and are unable to integrate new technology successfully. A good way to explain this would be how some newer applications cannot be used on an older iPhone that do not have the latest technology to support it.
When legacy systems are combined with incompatible software, it can create more security gaps in the system that cannot be bridged successfully, and thus leaving your business exposed and more vulnerable to security threats.
3. Gaps in Communication
Effective communication is key to an effective workflow. With older legacy systems that are unable to integrate new technologies, teams within your organisation will not be able to communicate with each other once one team upgrades its systems. Consequently, with a communication breakdown between teams, business intelligence will be affected as well, negatively impacting team performance which can threaten your business’ competitive edge in the industry.
4. Business is Affected
If you are intending to expand your business or to scale up your business model, your current legacy system’s older technology can hold your business back from reaching its full potential. Furthermore, a slow system can breed complacency among your staff since they will have to spend more time waiting, which can hinder efficiency levels. This holds your staff back from spending more time on revenue-generating tasks, which might cause a loss in revenue in the long run due to lower productivity levels.
Upgrade Your Legacy System With Naviworld Now
Convinced to upgrade your business’ legacy system to an effective ERP system? Be sure to get all the help you need from a reputable vendor in Singapore like Naviworld. Here at Naviworld, we can provide you with the latest ERP system your business requires, such as the Microsoft Dynamic 365 Business Central that comes with a wide array of applications that can streamline business processes.
Get in touch with our professional consultants to find out more about our services today.