Strategies to Modernize Marketing Tech Stack

    Strategies-to-Modernize-Marketing-Tech-Stack

    Enterprises need to ensure they modernize their marketing tech stack to get a competitive edge in the industry. Industry 4.0 expects businesses to be more agile, adaptive, efficient, and productive. CMOs should consider modernizing their marketing technology stack to overcome the legacy systems’ limitations.

    Many businesses lack time, money, or resources to digitally transform every aspect of the customer journey, right from pre-sales to after-sales. Large enterprises have successfully modernized their IT infrastructure to increase the efficiency of their marketing teams and optimize their campaigns. Businesses should evaluate the existing pre-sales technology stack to understand the gaps.

    Determining if the current IT infrastructure is imposing any hindrance with usage or measurement will help to understand how quickly the business needs app modernization. It is essential to spot all the possible gaps in the marketing technology stack to understand all the aspects that need to be upgraded. CMOs should consider evaluating and selecting the right tools to upgrade the existing IT infrastructure to get a competitive edge. Here are a few ways to ensure effective application modernization and a streamlined workflow.

    Also Read: Four Mistakes Enterprises Need to Avert When Implementing CRM

    Analyze the legacy systems

    Businesses need to evaluate all the critical drivers that drive application modernization. Suppose the marketing tech stack is imposing issues, concerns, and implications due to legacy systems as a result of its obsolete algorithm, architecture, or features. Then IT infrastructure is in need of modernization if the tools are not able to offer agility to business workflow anymore. Existing technology is not able to suffice the needs of industry 4.0; enterprises have to upgrade their tech stack to offer better business value. Applications that are not scalable, agile, and reliable cannot keep pace with the ever-changing competitive business world.

    CMOs should consider analyzing the IT drivers that indicate the modernization of the marketing tech stack. If the legacy systems impose more cost, complexity, and risk to the work processes, it is the right time to upgrade the systems. Furthermore, if the marketing tools have become obsolete and increase the total cost of ownership due to being complex or security or compliance issues is a signal to modernize the applications. Enterprises need to explore all the modernization opportunities that derive from both business and an IT perspective to ensure increased ROI.

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    Analyze modernization

    After businesses spot all the modernization opportunities, they need to design an effective implementation process to streamline the workflow. Enterprises can leverage and expand the application features by expressing their functions and data. It is a perfect way to offer all the services as an API to increase accessibility and usability. Businesses can migrate the application and its features to other networks without updating the code, features, or functionality.

    Another effective way to modernize the application is to migrate them to a new execution platform with bare minimum changes to the code without changing the code structure, features, or functions. Moreover, revamping and enhancing the existing code will assist in eradicating the technical debt and enrich non-functional attributes. A few applications in the marketing tech stack allows business to re-architect their code to modernize the tools to explore new and better capabilities. Enterprises can also consider rewriting the application algorithm while ensuring the features and specifications remain unhampered to modernize the tech stack without impacting the outcome. If none of the above approaches work for businesses, they can consider getting rid of all the legacy applications in the IT infrastructure and replacing them with all the robust tools to ensure successful modernization.

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