Ready to put those antiquated mainframes apps into the cloud or on smart phones? Not so fast. It just got a whole lot more expensive.
According to a survey of 590 CIOs in nine countries, an average of $11 million is needed to modernize core mainframe applications. More significantly, that represents a 29% rise in the past 18 months. In May, 2012, the average moderization figure cost was $8.5 million.