Thinking beyond the risk
Upgrading/replacing or migrating away from a legacy system will also likely bring other related benefits in improved staff motivation resulting in reduced staff turnover, improved company image and flexibility of working.
Looking afresh at how you use a legacy system can provide the opportunity to review the business processes that make use of them. This often highlights opportunities to improve processes and interconnect systems together to make your staff more efficient.
What’s more, you can start to consider how newer innovations and technologies, such as cloud computing, mobile, AI and big data analysis could transform how you work. Also, most modern software systems provide the means for easy integration with others, enabling you to gain the benefit of functionality and data sharing between systems increasing the value of your way of doing business.