Migrating to Microservices may be risky, costly, and time-consuming unless the strategy is very well-defined in the beginning. Migrating to Microservices has been beneficial to many Fortune 1000 companies, which confirms its transformation potential to a variety of industries.
Our developers at Charter Global have expertise in Microservices, DevOps & QA Automation. We have successfully implemented in several Fortune 1000 companies, including Financial, Healthcare, and Retail & Media.
Charter Global recommends a practical three-step Microservices approach to focus on the business functionality allowing self-contained units to represent a module’s end-to-end functionality.
Learn More about How to Implement Microservices Framework Developed by Charter Global
Migration Approach
To migrate to microservices, a practical three-step approach is suitable:
Componentize: From your already existing applications, select a component and create a microservices implementation on a pilot basis.
Collaborate: All stakeholders, programmers, and developers on the team should know about the techniques and lessons learned from the Pilot in Stage One. This keeps them updated with new processes and initiatives.
Connect: Complete the application and connect to users in a real-world scenario.
Microservices Benefits
Microservices Architecture comes with a lot of benefits. Some of which include:
Agility: Banking and Fintech applications are designed to be complex, constantly evolving and scaling, integrating with multiple systems (internal/external) as well as demand high security at various levels. Microservices support greater agility in building and managing these systems making them highly suitable.
Scalability: Unlike a monolithic application that has a lot of resources wasted for scaling services that are not required since they are all packed together in a single deployable unit, each microservices can scale independently without affecting the other microservices.
Availability: Failure of one microservices does not affect other microservices, as the failed one can be uninstalled and rectified quickly with minimal downtime. It does not require the entire application to be brought down for maintenance, unlike the monolith application.
Maintenance: A separate microservices is created for each business service. This means that the amount of codebase is reduced and functional changes can be faster and more efficient due to the decomposed architecture.
Separation of Business Concerns: Microservices offer a clear separation of business concerns as each Microservices caters to particular business functionality.
Faster Deployment: by catering to single business functionality, the code-based required for microservices are reduced, creating a rapid deployment.
Charter Global
While migrating to microservices might be risky, costly and tasking, the inclusive quality of the application is undeniably bound to increase in the long run, provided that the strategy is rightly planned. Migrating to microservices has been beneficial to Fortune 1000 companies, ultimately confirming its potential for transformation for all varieties of businesses.
Our developers at Charter Global are experts in QA automation, DevOps, and Microservices, providing skilled resources, tools, and guidance in implementing DevOps processes and Microservices architecture.
Wrapping Up
This plan for migrating existing applications to microservices is intended to enable organizations to realize the benefits of microservices architectures, such as resilience, scalability, improved time to market, and easier maintenance, with maximum efficiency and minimal disruption to existing applications and services.