MongoDB has launched Application Modernization Platform (AMP), an AI-driven product designed to help businesses transform legacy applications into modern, scalable services.
AMP combines AI-driven tools, delivery frameworks, and engineers to support implementations. Mongodb said the platform will accelerate code conversions up to 10 times and overall modernization projects two or three times.
“Companies are increasingly tackling the burden of complex legacy applications that are constrained by strict data foundations and outdated architectures that suppress innovation,” says Rachel Stephens, research director at Redmonk. “MongoDB's extension to an AI-powered application modernization platform emphasizes that the data layer remains an essential foundation for scalable services.”
The platform targets organizations that are overwhelmed by expensive and difficult to maintain applications. The Information and Software Quality Consortium estimates the cost of US technical debt at nearly $4 trillion.
Vinod Bagal, senior vice president of modernization and transformation at Mongodb, said: “Research shows that many organizations spend their time and budgets on low-value, highly effective jobs. This will affect their ability to maintain a pace with their competitors. MongoDBAmp provides a suitable approach for businesses to modernize.
Mongodb pointed to customer success across the industry. Australia's Bendigo Bank has reduced development time by migrating its core banking applications by 90%, reducing test case execution from 80 hours to 5 minutes. Lombard Odier has migrated applications up to 60 times faster, reducing regression test times from 3 days to 3 hours.
Modernized components of the Intellectai Wealth Management Platform, improved performance, and enable generative AI use cases.
“At Intellectai, we are redefineing the ways in which companies unlock value with AI,” said Deepak Dastrala, Intellectai's Chief Technology Officer. “Modern with Mongodb has changed the way we deliver value to our customers, freeing us from bottlenecks and accelerating our AI vision.”
