Kathalyst

Blogs

Business insights and articles written by our team of world-class professionals

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The COBOL Crisis: Why Legacy Systems Need Modernization Now

Hidden beneath the surface of modern banking and government systems lies a ticking time bomb: decades-old COBOL code that experts warn could collapse within years. With maintenance costs spiraling out of control and the last generation of mainframe engineers approaching retirement, companies face an impossible choice. Traditional modernization attempts fail 70% of the time, yet doing nothing means certain disaster when vendor support ends in 2026. But what if there was a breakthrough that could finally solve this crisis? Kathalyst’s revolutionary AI technology is rewriting the rules of legacy system transformation, turning what was once a dangerous gamble into a strategic advantage. The clock is ticking, and the companies that act now may be the only ones left standing.

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Black Box Known as Legacy Software

Legacy software is more than just outdated code; it’s a ticking time bomb for businesses. With 43% of banking systems built on COBOL and critical government IT relying on aging technology, the risks are mounting. As original architects retire, the knowledge gap widens, leaving new developers grappling with opaque systems. But there’s hope! Generative AI is stepping in to automate documentation and modernize these legacy systems. Discover how to navigate this complex landscape and whether to modernize or wait for a full replacement. Join us on this critical journey to ensure your software is future-ready!

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