Algoretico and Lagiste23 Launch AI Tool Scriba for Legacy Code Modernization
Algoretico and Lagiste23 have introduced Scriba.ai, an AI system capable of translating over 30 outdated coding languages into modern frameworks. This innovation aims to enhance Italy's software infrastructure, improving competitiveness while ensuring data privacy and reducing migration costs by up to 70%.
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Scriba.ai, developed by Algoretico and Lagiste23, translates more than 30 obsolete coding languages into contemporary formats with 99.7% accuracy. The tool operates without utilizing general models and ensures complete protection of intellectual property by eliminating data post-rewriting.
This initiative addresses the legacy code issue, which is a significant drain on global tech budgets. The system aims to decrease the environmental footprint of data centers as companies can abandon cumbersome infrastructures. The necessity for such solutions is underscored by recent events in the IT landscape, notably Anthropic's announcement regarding Cobol modernization, which negatively impacted IBM's stock value.
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