Why do software modernization projects backfire?

Software modernization is one of the most demanding business endeavors that modern digitally-oriented companies undergo these days. In a perfect world, you wouldn’t have to learn the painful cost of an unsuccessful digital upgrade like money loss, time- and team-related challenges. In real life, though, software revamp misfires are not uncommon. When we look at the change management statistics, as much as 70% of change-instigating endeavors fail, as the often-cited McKinsey research into the matter shows. If you are preparing your company for a software modernization journey, make sure you have checked out all the necessary boxes before proceeding.

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