But the hodgepodge of systems characterizing many business operations today represents a house of cards that simply cannot be indefinitely sustained. Top-performing organizations are focusing on immediate, specific actions that yield incremental gains, while at the same time formulating a long-term vision to establish a foundation that enables the enterprise to effectively respond to emerging competitive challenges.

The following are five success factors that characterize an effective approach to planning and implementing an application modernization initiative:

Read the rest of this article on eWEEK.com.