Red Hat’s 2024 report on application modernization reveals strong momentum and positive attitudes among organizations. 95% view modernization as essential, with 51% planning to modernize custom apps within a year. Key goals include security, reliability, and scalability. Companies are using varied strategies like replatforming and refactoring, often with external partners. AI is playing a growing role, aiding performance optimization and automation. Business and data applications are top priorities. Despite challenges like legacy system complexity, organizations are adopting new tools, APIs, and training to advance their modernization journeys.

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