You just think that you and your company are so behind everyone else.
Behind in technology or unable to get the most out of the technology you have in place.
CIO.com provides great insight into how leaders of your company can decide on leveraging existing or choosing a new technology in this article.
“For a new technology, the most important factor is how quickly its ecosystem becomes sufficiently operational and available for users to realize the technology’s potential.”
A fantastic point that the article does a great job of explaining and even offers a manner for leaders to measure and compare legacy vs. new technology investments.
Comparing RFID’s inability to supplant barcodes is a great example of legacy technology not just resisting being replaced, but expanding as the market found new uses and improved technology.
The examples show in their chart below provide a great way to start listing your legacy technology against considered new technologies like cloud, a new ERP and mobile solutions.
In the end the decision process is less about the promise of the new technology or the age of the legacy technology but the ability of new technology to co-exist with existing technology and/or to supplant legacy technology completely while either adding new functions and/or reducing cost.
Cloud can co-exist with on-premise legacy technologies or it can fully supplant some important functions like backup and add new functions around disaster recovery.