by Oracle Corporation UK Ltd
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Published on: March 31, 2009
Type of content: WHITE PAPER
Length: 37 pages
The backlog is the number-one hurdle to effectiveness for CIOs followed by inadequate budgets and a shortage of time for strategic thinking and planning, reports “The State of the CIO 2006” survey by CIO Magazine. For IT executives managing mainframe applications, these issues are all too familiar. After all, the average Fortune 100 company maintains 35 million lines of code in legacy applications.
Literally generations of development teams have evolved these applications to support a whole array of business-critical processes. This legacy is both one of IT’s biggest assets and one of its greatest liabilities. On one hand, the two-thirds of business critical applications that are running on a mainframe contain the invaluable business logic that handles core transactions and manages customer data.
On the other hand, these organizations are locked into aging technologies. As a result, they face high operating costs, growing skills shortages, and complex integration issues, all of which serve to drive the growing backlog. Two of the biggest challenges facing today’s CIOs and CFOs are
- Unlocking the value of key business logic for integration and reuse
- Reducing mainframe operational and maintenance costs to shift more of the IT budget to Innovation