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A legacy application (app) refers to any outdated technology that needs to be replaced or updated. According to a recent study, one-third of all businesses continue using legacy apps that are over a decade old. Also, one-fifth of all companies have specific applications that haven't changed for over 15 years.

All aspects of human life are susceptible to some degree of change but nothing comes close to the unpredictability and volatility of technological change. This change is evident in the disruption caused by emerging technologies in recent years.