# 7 Reasons Why CEOs Should Modernize their Software

DevFeed: [7 Reasons Why CEOs Should Modernize their Software](<https://devfeed.tech/articles/7-reasons-why-ceos-should-modernize-their-software-20741.md>)

Original publisher: [Read original article](<https://tomassetti.me/7-reasons-why-ceos-should-modernize-their-software/>)

Author: Aisling Foley

Published: 2026-02-18T07:23:00Z

Content type: opinion

Language: en

Sources: [Federico Tomassetti](<https://devfeed.tech/sources/federico-tomassetti.md>)

Topics: [Software](<https://devfeed.tech/topics/software.md>), [cobol](<https://devfeed.tech/topics/cobol.md>), [Visual Basic](<https://devfeed.tech/topics/visual-basic.md>), [SAS](<https://devfeed.tech/topics/sas.md>)

Tags: [cobol](<https://devfeed.tech/tags/cobol.md>), [financial-services](<https://devfeed.tech/tags/financial-services.md>), [growth](<https://devfeed.tech/tags/growth.md>), [integration](<https://devfeed.tech/tags/integration.md>), [leadership](<https://devfeed.tech/tags/leadership.md>), [legacy](<https://devfeed.tech/tags/legacy.md>), [legacy-modernization](<https://devfeed.tech/tags/legacy-modernization.md>), [manufacturing](<https://devfeed.tech/tags/manufacturing.md>), [security](<https://devfeed.tech/tags/security.md>), [software](<https://devfeed.tech/tags/software.md>)

## AI overview

This commentary argues that CEOs should modernize legacy software because systems that remain stable can still create strategic, regulatory, security, integration, and knowledge-retention risks. It discusses legacy systems used in manufacturing and financial services, including COBOL, RPG, Visual Basic 6, and SAS.

## Source excerpt

Key Takeaways Legacy software is tolerated because, let's face it, it works, and works well. But that's no longer good enough. Nowadays, it limits an organisation's strategic options. Legacy software can slow down, or make strategic plans more expensive or complicated than they need to be. Whilst legacy software is considered stable, the real risk [...] The post 7 Reasons Why CEOs Should Modernize their Software appeared first on Federico Tomassetti.