Applications – or apps – are software programs that run on a computer, created to do a specific thing. That “thing” is their application, hence the name. You are using an application to read this.
OpenText does not deal in quirky, phone-style apps, but business applications. They are bigger, more complex, do more things, and work on larger computers – often mainframes.
We often prefix the word with “enterprise” to indicate scale, “core” to illustrate importance, and ”mainframe” or ”host” if that is where they run. The terms applications and systems are sometimes used synonymously, and we often cite “legacy” applications, too.
These applications are the beating heart of the enterprise. They must work, whatever else happens. Imagine a bank’s customers suddenly denied access to their money because of an application upgrade glitch. The cost in lost revenue and brand damage, currently estimated at $1.7 trillion, are two reasons some enterprises have yet to begin their transformation journey.
Core applications are often many years old, mired in complexity, and the original coder is unlikely to still be around to help. But change is constant and taking no action is not an option.
For context, there are different options for an enterprise, in theory at least, to boost application functionality to deliver new customer-focused innovation.