Originally published at nlocoding.com
92%of IT leaders say legacy systems slow digital transformation (IBM, 2026)
Every minute, a bank somewhere spends $1,200 just keeping 1970s code alive. Not replacing it, just making sure it doesn’t explode. A senior developer at Citi told McKinsey in January 2026: “We spend 53% of our engineering budget patching COBOL.”
Legacy code isn’t a quirky artifact anymore. It’s a financial anchor chained to your cloud ambitions...
Why AI Code Tools for Legacy System Modernization Matter in 2026
