The News: vFunction today announced the availability of the vFunction Assessment Hub, a product that uses AI to calculate the effect of technical debt across applications, their negative impact on innovation, predict the benefits of refactoring, and then integrate seamlessly into an automated refactoring platform. Click here for full details of the announcement
vFunction Launches AI powered Modernization Assessment Solution
Analyst Take: One of the major inhibitors to innovation in organizations looking to digitally transform is the costs associated with the technical debt associated with legacy applications. The manual assessment approaches leveraged are cumbersome and oftentimes fail to deliver the required outcomes. For organizations looking to increase the velocity of their innovation efforts, companies need to focus on eliminating technical debt across their application landscape. However, developing a complete understanding of the actual cost of technical debt and developing a modernization business case is tough to execute for enterprises today. To improve business case justification, planning efforts, and resourcing companies need to be able to accurately assess and measure the negative impact that technical debt has on the ability to innovate, and modernize applications and reap the benefits of their efforts in a timely manner.
vFunction is still a relatively new company, only being founded in 2017 and they are looking to address a fundamental challenge facing many senior development executives: the “where do I start and how what is my starting point” challenge. According to Crunchbase, the company has raised $38.2m and based on my recent briefing with the company they are now looking to move out of a relative stealth mode with a Java and .Net based assessment solution that looks to assess monolithic applications and provide tools that assist the conversion to cloud-native micro-services.
vFunction is positioning itself as an AI-driven platform for developers and architects that intelligently and automatically transforms complex monolithic applications into microservices, restoring engineering velocity, and helping companies realize the benefits of the cloud. The company’s tooling is designed to eliminate the project duration, risk, and cost constraints of manually modernizing applications, vFunction is looking to deliver a scalable, repeatable model for cloud-native modernization.
vFunction Assessment Hub
The new vFunction Assessment Hub, which integrates seamlessly with the vFunction Modernization Hub, is a modernization assessment solution engineered to analyze the technical debt of a company’s legacy applications, accurately identify the sources of that debt, and measure its negative impact on innovation. The AI-powered solution measures app complexity based on code modularity and dependency entanglements measures the risk of changes impacting stability based on the depth and length of the dependency chains and then aggregates these to assess the overall technical debt level. The vFunction tools then benchmark debt, risk, and complexity against the organization’s own estate, while identifying aging frameworks that could pose future security and licensing risks.
With customers keen to migrate to the cloud but constrained by how to leverage the benefits of a migration to the cloud, the vFunction Assessment Hub allows enterprises to identify and prioritize which apps to modernize, construct a roadmap for refactoring, and build a thorough business case for modernization.
Looking Ahead
Based on the information and briefings I have received, VFunction looks like an interesting set of tools for customers looking to decompose monolithic legacy applications written in Java and .NET and then migrate them to the public cloud in a Kubernetes architecture.
In the last few years, we have seen many companies that have developed good features get heavily funded. For me, vFunction falls into this category of a ‘feature’ company. I would envision the likes of Red Hat, VMware, or one of the big hyper scale cloud companies acquiring this technology in a tuck-in style acquisition as it would perfectly complement their wider value propositions.
Until we see this kind of tuck-in acquisition, I find this approach to analyzing monolithic legacy applications both interesting and vital if companies are to fully leverage a transition to the cloud.
Disclosure: Futurum Research is a research and advisory firm that engages or has engaged in research, analysis, and advisory services with many technology companies, including those mentioned in this article. The author does not hold any equity positions with any company mentioned in this article.
Analysis and opinions expressed herein are specific to the analyst individually and data and other information that might have been provided for validation, not those of Futurum Research as a whole.
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Image Credit: vFunction
Author Information
Regarded as a luminary at the intersection of technology and business transformation, Steven Dickens is the Vice President and Practice Leader for Hybrid Cloud, Infrastructure, and Operations at The Futurum Group. With a distinguished track record as a Forbes contributor and a ranking among the Top 10 Analysts by ARInsights, Steven's unique vantage point enables him to chart the nexus between emergent technologies and disruptive innovation, offering unparalleled insights for global enterprises.
Steven's expertise spans a broad spectrum of technologies that drive modern enterprises. Notable among these are open source, hybrid cloud, mission-critical infrastructure, cryptocurrencies, blockchain, and FinTech innovation. His work is foundational in aligning the strategic imperatives of C-suite executives with the practical needs of end users and technology practitioners, serving as a catalyst for optimizing the return on technology investments.
Over the years, Steven has been an integral part of industry behemoths including Broadcom, Hewlett Packard Enterprise (HPE), and IBM. His exceptional ability to pioneer multi-hundred-million-dollar products and to lead global sales teams with revenues in the same echelon has consistently demonstrated his capability for high-impact leadership.
Steven serves as a thought leader in various technology consortiums. He was a founding board member and former Chairperson of the Open Mainframe Project, under the aegis of the Linux Foundation. His role as a Board Advisor continues to shape the advocacy for open source implementations of mainframe technologies.