The economics of legacy modernisation have genuinely changed
Code comprehension at scale removes the single largest line item in a mainframe migration.
For thirty years the obstacle to retiring a core banking or insurance platform was not the rewrite. It was establishing what the existing system actually did.
Automated comprehension of large legacy estates has compressed that discovery phase from years to months for several institutions now publicly documenting the work.
It has not made migration safe. It has made it affordable, which will produce a wave of attempts and a matching wave of instructive failures.