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Application and infrastructure modernization are inter-related, however our focus is on what it takes to modernize applicaitons and what infrastructure you need as a result. Application modernization is generally defined as changing infrastrcuture (e.g. new platform) while preserving at least business content if not some technical content of original app. More info will be posted on oracle.com by end of the month.
The Modernization Site is up...so explore away.
Gain agility—Use process driven Service-Oriented Architecture (SOA) concepts to respond quickly to business opportunities, gain more insight from your information, and spend less time maintaining systems and more time driving business value
Eliminate risk—Eliminate reliance of unsupported technologies and hard-to-find skill sets. Prepare for the eventual departure of experienced personnel who understand legacy systems and outdated languages
Reduce cost—Consolidate to high productivity open-systems environments, eliminate duplicate technologies, and adopt lower cost hardware and software
Address compliance—Modernize to environments where business processes are better controlled, business procedures are implemented quickly, and changes are properly audited
Good to know all this. Thanks guys.