Now, let’s discuss legacy systems. A legacy system is an old and outdated software. Picture a company that has been using the same accounting software for the past 20 years. What are the advantages of using a legacy system? First, it’s already paid for. Second, all the employees already know how to use the system. Third, it’s already customized to the company’s needs.

However, what are the risks associated with it? The first risk is security access, as it might be easier to hack into the system. Second, there might be no support for the old system. Third, integrating the old legacy system with the new systems that the company has might be difficult. Lastly, it may be slower than what newer software can offer.