👉 Modernizing refers to the process of transforming or updating an existing system, technology, or product in order to improve its functionality and efficiency. This can involve rethinking how something is done, replacing old systems with new ones that are more effective, or adopting new technologies that enhance performance and usability. Some examples of modernization include: 1. The development of new software applications: Modernizing software means updating it to incorporate the latest features and capabilities, such as cloud-based services, natural language processing (N