Company News: Intellectai, Lombard Odier and Bendigo Bank are among the global companies that modernised legacy applications with the MongoDB Application Modernization Platform (AMP).
Mongodb, Inc. has announced the launch of Mongodb AMP, an AI-powered application modernization platform that helps businesses quickly convert legacy applications into modern, scalable services. MongoDB AMP helps customers modernize through a fusion of AI-powered software platforms, proven distribution frameworks, and experienced AMP distribution engineers who oversee and guide the implementation process. This is a powerful combination of tools, techniques and talent. As the foundation of AMP, MongoDB offers customers the flexibility of their document model and an architecture built for continuous change. By combining AMP tools with MongoDB's proven repeatable framework, customers have more than 10 times higher in tasks like code conversion, and their overall modernization projects have risen two or three times.
Companies across the industry are overwhelmed by legacy applications that are critical to their business, but are expensive to maintain and difficult to adapt to modern use cases like generation AI. Built around strict data foundations and an outdated technology stack, these complex legacy applications can pose security and compliance risks while hampering innovation. Regarding information and software quality, according to the consortium“low software quality”, software failures, developer time losses, and US technical debt costs measured in system maintenance are estimated at nearly $4 trillion.
“Companies are increasingly tackling the burden of complex legacy applications, constrained by strict data foundations and outdated architecture that suppress innovation,” says Rachel Stephens, research director at Redmonk. “While database capabilities have traditionally been recognized, MongoDB's strategic expansion to an AI-driven application modernization platform underscores an important understanding. The data layer remains an essential foundation for truly modern and scalable services.
Traditional approaches to application modernization typically include manual, resource-intensive, expensive multi-year consulting engagement. This can halt before delivering results and impact the market. Furthermore, some modernization efforts are simply trying to move from one relational database to another (the “lift and shift” migration) instead of switching to a flexible, modern database solution.
“Studies show that too many organizations spend time and budgets on low-value, high-effective jobs simply to maintain their lighting. This affects their ability to keep pace with their competitors.” “Mongodb Amp offers businesses a better approach to modernization, which will help companies open the door to traditional transformation, innovation and cost savings with incredible speed and quality.”
MongoDB amplifiers are the result of years of innovation and development
The launch of Mongodb Amp is the culmination of over two years of work developing this approach with Mongodb's most sophisticated customers. In particular, AMP has led to successful modernization with customers in highly demanding, highly regulated industries. For example, in Australia Bendigo Bank Reduced development time required to migrate core banking applications from legacy relational databases to Mongodb Atlas by 90%. Additionally, AI tools have reduced the time spent running application test cases from over 80 hours to just five minutes.
Lombard OdieMeanwhile, I successfully migrated a critical application from a SQL database to MongoDB. This partnership has led to code transitioning up to 60 times faster, reducing regression testing time from 3 days to 3 hours, and focusing on innovation on developers.
Recently, Mongodb cooperated intelligenceone of the world's largest enterprise fintech companies, modernizing key elements of the asset management platform. Intellect's projects using MongoDB led to improved performance and reduced development cycle times, and its platform was better positioned to onboard clients, providing richer customer insights and unlocking generative AI use cases within the company.
“At Intellectai, we are redefineing the ways in which companies unlock value with AI,” said Deepak Dastrala, Intellectai's Chief Technology Officer. “By modernizing with Mongodb, we have changed the way we deliver value to our customers, freeing us from bottlenecks and accelerated our AI vision. Measurable business impact.”
Mongodb Amp is now available. For more information, please see Mongodb Website Alternatively, contact the representative of your MongoDB account.
