The assertion that modernizing your applications is a better investment than replacing them outright recently gained a little more credibility in the mainframe world. I suspect that's likely true for at least some parts of the System i market as well. A recent study by Forrester Consulting conducted for Software AG, a maker of mainframe tools, found that legacy modernization would produce a five-year return on investment of 331 percent, with payback achieved in less than four months in a composite case study of several representative enterprises. *Read More... [2]