Digital Transformation Business Benefits: Reinvent Reinvest
What does it mean to "reinvent reinvest" with digital transformation?
[Chandler Stevens] Reinvent reinvest is all about looking and rationalizing your existing application portfolio, and really looking at ways to modernize those experiences for not only your end-users but also for your external customers.
Realize cost savings from retiring legacy platforms can reduce administrative and technical debt, so that those savings can then be reinvested into new business areas. It's all about simplification.
Cost savings that can be realized from legacy infrastructure reduction, and eventual elimination, should be areas of focus here as well as creating modern experiences that are more aligned with the incoming workforce of expectations of how they will work with applications in the business place and then aligning those technologies around the business needs and not having it a vice versa way.
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