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Enterprise software systems are complex and require specialized abilities and unique knowledge to update, add new features, and generally solve problems. They necessitate ongoing systems maintenance to grow and evolve, which costs your organization a significant amount of money – generally about three-quarters of your IT software budget. Unfortunately, because of the global software developer […]
When maintenance issues result in mission-critical application downtime or crashes, your organization will likely lose market share, social capital, and maybe most important – reputational risk. A 2019 IBM report revealed that 41% of IT leaders surveyed indicated that the costliest aspect of downtime is its negative impact on corporate reputation. Phase Change President Steve […]
Mainframe systems are used across industries and around the globe, with over 10,000 currently in worldwide use. They are relied on by some of our most important institutions, including 96 of the world’s 100 largest banks, nine out of 10 of the world’s biggest insurance companies, 23 of the 25 largest U.S. retailers, and 71 […]
Mainframes are widely considered the backbones of many global financial services firms because they deliver unparalleled security, stability, and processing power. From credit card payments and ATM transactions to loans and mortgages, mainframes are relied on by 44 of the top 50 banks to host core applications that deliver secure experiences based on real-time data […]
Phase Change President Steve Brothers was recently interviewed for an article in The Fintech Times that considers the role AI could soon play in the financial industry. The article, “Phase Change: AI Powers the Future of Financial Services — Just Not in the Ways You Think,” examines how AI will help maintain the software that […]
Transforming business operations is a constant need, and the pandemic-prompted emphasis on modernizing legacy computing systems has forced organizations across industries to accelerate their modernization plans. The problem with mainframe modernization, however, is that today’s code search tools, linters, and program analysis tools are deficient when it comes to mitigating the risks associated with improving […]
