At the recent FPT Techday 2024 event, attended by over 600 global business leaders and thousands of tech experts and enthusiasts, Pham Minh Tuan, Executive Vice President of FPT Corporation and CEO of FPT Software, highlighted the pressing need to modernize legacy systems that continue to serve as the operational backbone for many long-established enterprises. Tuan emphasized FPT’s commitment to making the modernization of these legacy systems more agile by incorporating cutting-edge Artificial Intelligence (AI) solutions.
Tuan pointed out that a significant portion of FPT’s 1,000+ global clients still heavily depend on outdated legacy systems, which require the daily efforts of about 500,000 developers to maintain. These systems not only incur considerable costs but are also susceptible to errors, security vulnerabilities, and a lack of flexibility. In today’s fast-paced technological landscape, these outdated systems pose significant challenges, making it difficult for businesses to adapt to rapid advancements and unpredictable market changes. To address this, FPT provides a comprehensive approach to legacy system modernization through its full-spectrum services and innovative solutions.
“FPT is now offering exceptional, end-to-end services that cover every phase of the legacy mainframe lifecycle,” Tuan said. “This includes everything from mainframe maintenance and managed services to application management, infrastructure management, cloud services, security, verification, and testing.” He added that FPT also supports the process of upgrading legacy systems to ensure more effective and efficient modernization.
AI: Revolutionizing Legacy System Modernization
AI has emerged as the driving force behind FPT’s strategy for legacy system modernization. By leveraging the latest AI innovations, FPT enhances its legacy modernization services, enabling it to transform traditional systems with greater speed and precision. AI facilitates a thorough understanding of legacy systems through several key methods, including Assessment, code generation, Redocumentation & Reverse Engineering, Re-architecture & Rewrite, as well as System Validation & Verification and Testing. These AI-driven processes ensure that the outputs of modernized systems are consistent with their legacy counterparts, maintaining business continuity and reliability.
Furthermore, AI plays a crucial role in automating the system migration process, resulting in greater efficiency and accuracy. FPT has heavily invested in AI-powered tools like EMT (Engineering Platform and Modernization Technologies), xMainframe, and CodeVista, which accelerate the modernization process by allowing teams to quickly familiarize themselves with legacy systems. These tools enable developers to dive into projects faster and make meaningful contributions within a short time frame.
For instance, by using xMainframe, FPT has achieved a 30% reduction in onboarding time for new team members while maintaining up to 90% accuracy. In one case, data automation through xMainframe transitioned from a monthly to a weekly cycle, significantly enhancing operational efficiency.
CodeVista, another AI-powered tool, has proven to be a productivity-enhancer for developers. It boosts developer efficiency by up to 30%, and over the past year, it generated 1.5 million lines of code, saving around 6,000 man-months in real-world projects. With the emergence of next-generation AI, including GenAI, these results are expected to further increase, allowing for even faster and more accurate legacy system modernization.
FPT’s Global Mission: Empowering Businesses to Modernize Legacy Systems
FPT’s mission is clear: to empower businesses around the world to tackle the challenges of legacy system modernization with confidence. By assisting global clients in their modernization efforts, FPT ensures that these businesses have a practical and strategic plan in place, boosting both agility and efficiency in operations. This holistic approach to modernization allows companies to align with market demands and prepare for future technological advancements.
FPT’s AI-driven tools and services are key to making modernization more accessible, efficient, and less resource-intensive. Through the use of innovative technologies like xMainframe and CodeVista, FPT is able to help businesses reduce onboarding times, enhance productivity, and ultimately save significant amounts of time and labor. With the continuing advancement of AI technologies, these benefits are expected to multiply, setting the stage for even more effective legacy system transformations.
By working closely with its global clients, FPT delivers not only successful modernization outcomes but also instills greater confidence in businesses, enabling them to better navigate technological changes and position themselves for long-term success. FPT’s holistic approach ensures that enterprises remain agile, competitive, and ready to tackle the demands of an ever-evolving digital world.