vFunction has announced the availability of the vFunction evaluation hub. It is a product that uses AI to calculate the effect of technical debt on applications, their negative impact on innovation, predict the benefits of refactoring, and then integrate into an automated refactoring platform .
According to vFunction, enterprises can now identify “innovation killers” in their application fleet, create more accurate and impactful business cases for modernizing complex applications, and increase the success rate of their application modernization projects. .
The biggest inhibitor to the speed of innovation in organizations is the cost and burden of technical debt in large and complex applications, the company says.
Current manual valuation approaches tend to be slow, complex, expensive, and often fail to deliver positive business results.
In order to increase the speed of innovation and scalability, enterprises must address and eliminate the technical debt accumulated in their application fleet head-on.
However, understanding the true cost of technical debt and establishing a business case for modernization is difficult for most companies.
To solve this problem, companies must be able to accurately assess and measure the negative impact of technical debt on their ability to innovate, compete and scale.
The new vFunction Assessment Hub from vFunction, which integrates with the vFunction Modernization Hub, is the premier modernization assessment solution for analyzing the technical debt of an enterprise’s legacy applications, accurately identifying the source(s) of this debt and measure its negative impact on innovation, according to the company.
The AI-based solution measures application complexity based on code modularity and dependency tangles, measures the risk of stability-impacting changes based on the depth and length of dependency chains, then aggregates them to assess the overall level of technical debt.
It then assesses debt, risk, and complexity against the organization’s legacy, while identifying aging executives that may pose future security and licensing risks.
With too many of today’s assessment projects held back by complexity, risk, fatigue, and impracticality, vFunction Assessment Hub enables companies with a large application portfolio to identify and prioritize applications to modernize, build an actionable roadmap for refactoring, and build a business case for modernization that increases innovation and reduces costs.
According to vFunction, Assessment Hub is the first assessment solution that leads directly to refactoring, rearchitecting, and rewriting applications with the vFunction modernization platform.
vFunction’s AI-powered, data-driven approach to application modernization equates to higher quality, accurate results and more actionable conclusions than the manual approaches that exist today.
Moti Rafalin, CEO and co-founder of vFunction, said, “Technical debt and innovation are two sides of the same TCO coin and debt has an opposite effect on innovation – you can’t resolve one without addressing the other.
“Traditionally, application modernization has been risky, expensive, and slow, but it doesn’t have to be. Our top priority is to provide customers and partners with a powerful, automated, and low-cost assessment solution that helps democratize the way whose legacy applications assessment, planning, and modernization are addressed today.”
Intellyx Principal Analyst Jason English says, “Given the complexity and interdependency of today’s multi-tiered application fleets, CIOs and technology leaders need to prioritize their modernization efforts before start tugging at threads that can unravel more intricacy.
“The vFunction Evaluation Hub provides an entry point for evaluating the ROI of decomposing legacy monoliths and decoupling dependencies, so that refactoring efforts can be better aligned with business goals.”
Futurum Research Principal Analyst Steven Dickens says, “As people look to migrate to the cloud, monolithic ‘pick and drop’ applications just aren’t enough.
“This vFunction announcement, which focuses on capabilities that make it easier for development teams to analyze and assess the task of migrating applications to a cloud-native microservices architecture hosted on the public cloud, is much needed as moment.”
The vFunction Evaluation Hub is now available for enterprises on AWS Marketplace and through vFunction partnerships with system integrators and cloud providers.