In the past 2 years over 25 FSI enterprises have explored CloudHedge to automate modernization of legacy apps. Applications within FSI enterprises are two kinds, the back-office apps and the external consumer apps (end customers or partners/vendors). Most of these applications were built with legacy technologies and are difficult to quickly add/fix features or hot-fixes. Some of the applications even take 3 months before a fix can be released for the end-users.

Moving to the cloud? Containers top the chart when it comes to application modernization while shifting from legacy to cloud. To support the claim, statistics from Gartner do talk in similar numbers, and it’s interesting to know that containers additionally bring down OpEx and boosts productivity. Gartner predicts that by 2022, more than 75% of global organizations will be running containerized applications in production, up from less than 30% today.