Tech investment surges to unprecedented levels due to COVID-19

October 7, 2020

According to the 2020 Harvey Nash/KPMG CIO Survey, Global companies spent around $15 billion extra a week on technology during the pandemic’s first wave. This was one of the biggest surges in technology investment in history. 

One of the key Survey findings is, that the Cloud investments are going up. After investment in security & privacy (47%) and investment in infrastructure, the cloud was the third most important technology investment during COVID-19, with the number of IT leaders actively considering distributed cloud nearly doubling in just 12 months (from 11% to 21%).

As per our previous articles, COVID-19 has not been kind on mainframe installations and people are struggling with the lack of flexibility as well as cost/skills issues. If you are considering moving your mainframe to the Cloud, we, Asysco, as a mainframe modernization specialist, would be the right partner to talk to.

We address the key concerns businesses have around mainframe modernization by providing a unique, automated application conversion solution to help you transition to the cloud faster and easier, and at a guaranteed time and cost.

Our unique IP converts all the existing legacy artifacts (code, data, interfaces, security,…) to a new cloud-proven format while preserving how the application works, minimizing disruption to the business while opening the application up to development and innovation in the cloud.

We can lead the migration using this technology or set it up and leave you, the customer, in control – and we engage both directly with the enterprise, or indirectly with system integrators who want to leverage our technology with the businesses that know and trust them.

Feel free to contact us to discuss how we can help you.