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  Application Transformation
Application Modernisation
This approach lends itself to adding new products, functionality and enhancements into the legacy environment with minimal or no introduction of new technology.
Advantages:
 
arrow The business can continue operating as usual
arrow Minimal migration and integration costs compared to those in replacing systems
arrow Reduced impact on current users
Application Reengineering
This approach provides a complete replacement of existing systems.
Advantages:
 
arrow Utilisation of advanced technology
arrow Implementation of best-fit features
arrow Ability to develop scalable systems for future needs
arrow Easier ongoing maintenance
Application Augmentation

This approach extends and enhances legacy systems, integrates new features to other systems, or selectively replaces the legacy application.

Advantages:
 
arrow Reuse of legacy functions
arrow Reduced costs due to lack of complete system re-write
arrow Ability to deploy only features required
arrow Faster time to market than full system replacement
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