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PalmDigitalz Achieves Product Footprint Second Only to IBM in MarketsandMarkets 360Quadrants for Mainframe Modernization, 2026DELRAY BEACH, Fla., July 9, 2026 /PRNewswire/ -- PalmDigitalz, the Chennai-based mainframe modernization software and services company, has been recognized as a 'Pervasive Player' in the Mainframe Modernization Market by MarketsandMarkets™ 360Quadrants 2026. with a Product Footprint second only to IBM, placing PalmDigitalz ahead of several long-established global modernization vendors in terms of product breadth and capability.
PalmDigitalz is an enterprise mainframe modernization software and services company headquartered in Chennai, India. Its end-to-end mainframe modernization suite, Palm All, enables enterprises to transform legacy systems through a comprehensive, lifecycle-driven approach. Unlike point solutions that only focus on converting COBOL into another programming language, Palm All combines advanced software capabilities with modernization services to support enterprises across the complete modernization journey — from identifying which applications to modernize, understanding complex legacy system architectures, extracting critical business rules, and forward-engineering modern microservices. The Palm All suite integrates four specialized solutions: Palm 360, Palm Key, Palm Ark, and Palm Ray, enabling organizations across banking, insurance, financial services, telecommunications, and government sectors to move from modernization assessment to production-ready modern applications. Palm All Integrates Four Key Products:
A non-invasive, data-driven scan of the application estate that tells enterprises which applications to modernize, migrate, retain, or retire before transformation spend begins — replacing months of manual SME interviews.
Maps dependencies, JCL and program flow, variable flow, CRUD and database interactions, and missing copybooks across millions of lines of COBOL — and flags dead code that can reduce modernization scope by approximately 33–40%.
Powered by its bespoke Gazelle model. It extracts business rules, technical rules, and uses cases directly from legacy code, with approximately 95% business-rule extaction accuracy on PalmDigitalz's internal benchmarks. Because it is near-deterministic rather than a general-purpose LLM, each extracted rule is traceable to source code for auditing the standard regulated industries require.
Generating cloud-ready Python microservices with automated test-case generation and code-quality reporting. It helps enterprises transition away from dependency on scarce legacy technology skills while adopting open, scalable, and AI-ready architectures. Mainframe modernization cannot be addressed through code translation alone. Enterprises must first understand which systems should be transformed, which applications should be retired, how legacy environments function, and which business rules must be preserved throughout the transition. Palm All was designed to address this complete modernization challenge by combining software intelligence with expert services. The platform enables enterprises to modernize mission-critical systems while maintaining compliance, auditability, operational continuity, and business value. PalmDigitalz serves organizations across banking, insurance, financial services, telecommunications, and government sectors — industries where modernization requires accuracy, security, and minimal operational disruption. The company is also expanding its presence across the United States, Europe, and Asia-Pacific regions. Research Methodology 360Quadrants provides an in-depth evaluation and comparison of each key market player based on various techno-commercial inputs provided by industry experts, customers, vendors, and other stakeholders, along with secondary research that includes product brochures, analyst notes, company publications, business articles, white papers, trade sources, and various other databases. A well-defined methodology is adopted to provide detailed ratings for each market player concerning various parameters as outlined below:
About 360Quadrants 360Quadrants is the largest marketplace looking to disrupt over USD 3.7 trillion of technology spend and is the only rating platform for vendors in the technology space. The platform provides users with unbiased information that helps them make informed business decisions, while also enabling vendors to influence the business decisions of potential clients. Vendors get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. Experts get to grow their brands and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. 360Quadrants has also launched quadrants in fields like Endpoint Security and Digital Forensics. About MarketsandMarkets: MarketsandMarkets™, recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report, is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With a broad lens on emerging technologies, the company is proficient in co-creating exceptional growth for clients worldwide. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust it to accelerate their revenue growth. With a global clientele of over 13,000 organizations, MarketsandMarkets helps businesses thrive in a rapidly evolving and disruptive ecosystem. The B2B economy is witnessing the emergence of USD 25 trillion in new revenue streams that are replacing existing ones within this decade. MarketsandMarkets collaborates with clients on growth programs, enabling them to monetize this USD 25 trillion opportunity through their service lines, including TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, MarketsandMarkets collaborates with several Forbes Global 2000 B2B companies to keep them future-ready. The company's insights and strategies are powered by industry experts, cutting-edge AI, and their proprietary Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn, and Facebook. Contact: Visit Our Website: https://www.marketsandmarkets.com/
SOURCE MarketsandMarkets 
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