Code modernization tools help organizations transform legacy applications from outdated codebases, obsolete architectures, and aging platforms into modern, high-performing, and scalable systems. These tools typically offer a comprehensive suite of capabilities, including automated code analysis and refactoring, migration to contemporary programming languages and frameworks, decomposition of monolithic systems into microservices, containerization, and seamless integration with cloud-native environments. By automating complex and time-consuming modernization tasks, these tools significantly reduce technical debt, enhance application security, improve maintainability, and accelerate digital transformation initiatives. They are especially valuable in enabling organizations to align legacy systems with current business needs, regulatory standards, and evolving technology landscapes. Key customers include large enterprises in sectors such as banking, healthcare, government, telecommunications, and manufacturing, where legacy systems are mission-critical and modernization is a strategic imperative.
Gartner defines the collaborative work management (CWM) market as the market for stand-alone software tools that provide task-driven workspaces to enable end users to plan, coordinate and automate their work. These tools provide an integrated assembly of user-friendly capabilities for work planning, in-context collaboration, content collaboration, workflow and automation, reporting, analysis and dashboarding, intelligent assistance, and use-case acceleration on a platform that handles data management and administrative operations. Tools are defined by their purpose (work planning and execution), target users and breadth of functionality.