The Silicon Valley company teaching artificial intelligence to read the code the world forgot how to maintain.
Somewhere inside almost every large bank, insurer and government agency there is a system nobody wants to touch. It calculates benefits, or claims, or promotions for hundreds of thousands of people, and it has run faithfully for decades - written in a language the last engineer who understood it took into retirement. EvolveWare, Inc. exists for exactly that machine.
Founded in Santa Clara in 2001, EvolveWare automates the documentation, analysis and modernization of legacy software. Its flagship Intellisys platform ingests aging code - COBOL, PL/I, RPG, PowerBuilder, Oracle Forms and more than a dozen others - and produces something organizations rarely have: a complete, plain-language map of what their software actually does. From that map it extracts business rules, generates technical specifications, and transforms the old system into modern Java or C#.
The pitch is unusually humble for enterprise software. EvolveWare does not promise to make legacy modernization exciting. It promises to make it knowable - to replace archaeology with automation before a single line is rewritten.
EvolveWare was founded in 2001 with a mission to automate IT services using machine learning and artificial intelligence.
EvolveWare's customers are organizations whose most important software is also their oldest. When talent leaves, documentation rots and risk quietly compounds, the code becomes a black box that still runs the business. The clients on EvolveWare's roster are the ones for whom that box cannot be allowed to fail.
The U.S. Department of Defense, the U.S. Air Force, the State of New York and a state Medicaid claims system have used EvolveWare to document and modernize mission-critical software.
A Fortune 50 insurance company and a global investment firm turned to EvolveWare to migrate the systems running claims, policies and portfolios.
Deloitte and KPMG partner with EvolveWare to deliver end-to-end modernization for their own enterprise clients.
An AI-enhanced platform that automates documentation, analysis, business-rules extraction, code optimization and migration across 20+ languages - using custom-trained AI/ML plus locally installed GenAI models to generate modern Java and C#.
Migrates to modern frameworks in Java & C#EvolveWare's first commercial product, automating the analysis and modernization of legacy applications - the technology base that Intellisys grew from.
The original engineAutomated cataloging of the business logic buried in legacy code, expressed in neutral language and captured without requiring a code freeze - so systems keep running while their rules are recovered.
No code freeze requiredAutomated impact analysis and portfolio rationalization that helps organizations understand and prioritize a sprawling legacy estate before committing to modernization.
Know the estate firstMost modernization vendors lead with the rewrite. EvolveWare leads with comprehension. The order matters: the most valuable thing inside a 40-year-old system is not its syntax but the business rules encoded in it, and those are exactly what a naive lift-and-shift tends to lose. Below, an illustrative read on where EvolveWare's automation concentrates.
Figures reflect EvolveWare-reported outcomes on specific engagements and are illustrative, not guaranteed benchmarks.
EvolveWare sells to other businesses: it licenses the Intellisys platform and delivers modernization projects both directly and through system-integrator partners and the public-sector reseller Carahsoft. Revenue is a mix of platform licensing and professional services on engagements - a model estimated to generate roughly $16 million a year.
What sets the company apart in a crowded modernization market is less a feature than a posture. EvolveWare has been bootstrapped since 2001, with no disclosed venture rounds - a rarity in enterprise software, and a sign of a company built to outlast the technology cycles it serves. Two decades of custom-trained models are difficult for a newer, GenAI-only entrant to replicate.
Miten Marfatia launches the company in Santa Clara to automate IT services with machine learning and AI.
The first commercial product arrives; EvolveWare is named to IT Week's Top 50 Technology Innovators.
Automated documentation and maintenance is added for ongoing legacy portfolios.
Capabilities are unified into a single platform spanning both legacy and modern applications.
EvolveWare reports progress bringing AI-driven modernization to RPG/IBM i systems and ships new platform enhancements.
Named a Representative Vendor in the Gartner Market Guide for AI-Augmented Code Modernization Tools.
EvolveWare's founder and CEO is a serial entrepreneur whose path runs across two continents. Before EvolveWare, Miten Marfatia founded Perisol Technology, which supplied storage solutions to corporations and government agencies, and earlier Silicon Electronics, a distributor to India's nascent computer-manufacturing industry.
He holds an M.S. in Electrical Engineering and an MBA in Finance, Investment and Banking from the University of Wisconsin-Madison, and in 2006 was named "Person of the Year" by the U.S. publication Service Provider Weekly. His long bet - that AI would one day be able to read legacy code the way a veteran engineer once did - is the idea EvolveWare was built to prove.