<img src="https://ml.globenewswire.com/Resource/Download/730dfd94-469c-4029-8d37-b3a2ddf5b762?size=2" nborder="0" align="left" hspace="5" vspace="5" title="Rocket Software Logo.png" alt="Rocket Software, Inc"/>Recognition highlights Rocket’s ability to execute and completeness of visionWALTHAM, Mass., Aug. 05, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=aNixlVOm5kv1I8N7HWH1tLooGeYK1YeIUbhsGhFiMQp0Rrjl80r3gW1HwDh_pXH7ZkTr2teOY0LDXgHZpstJ_0UVJfYxxb63yM-Eor2_MPo=" rel="nofollow" target="_blank" title="Rocket Software">Rocket Software</a>, a global technology leader in modernization software, today announced it has been named a Challenger in the <a href="https://www.globenewswire.com/Tracker?data=ywMuOajeeWc7vybQJy4qDYQD0NFH58fA1njXM_gwE3226ZiDVfNdfGnEKezcdB1Sb1LaZBLTlboeR0mzmm93RXpUJxP0wLwgseYavFxxp9SkyWeDbB0T1YbciokfZNZ4MT5Y-9_X8fivc6aR3UkdCZJzOxCWgo7cdZespc55_Djv7fDMOlB_mDI75tHf0v64A-J785-w5iiv32I-l-ZtJItuNJx-g1KEAnrtv3eU3c0An-VpibOeBB0B-WDzd_RMVp2jn0AKxsATRqScHZ372w==" rel="nofollow" target="_blank" title="2026 Gartner® Magic Quadrant™ for AI-Augmented Code Modernization Tools">2026 Gartner® Magic Quadrant™ for AI-Augmented Code Modernization Tools</a>. We feel this recognition highlights Rocket Software’s ability to help enterprises modernize mission-critical applications with AI-assisted analysis, business-rule extraction, application transformation, and validation, while supporting customer choice in how and where applications evolve. As organizations accelerate application modernization initiatives, many are under increasing pressure to evolve mission-critical applications while maintaining business continuity. Built to support complex enterprise modernization initiatives, Rocket Software helps organizations understand, modernize, test, and evolve mission-critical COBOL and PL/I applications across mainframe and distributed environments, as well as through broader transformation initiatives. By combining application analysis, AI-assisted modernization, validation, and runtime capabilities, Rocket enables customers to pursue the modernization path that best fits their business while preserving critical business and architectural logic including deterministic accuracy and transaction integrity while maintaining operational continuity. Customers using Rocket’s code modernization solutions have achieved measurable outcomes, including: <ul type="disc"><li style="margin-bottom:8pt;">30% gains in developer productivity</li><li style="margin-bottom:8pt;">50% reductions in testing cycles</li><li style="margin-bottom:8pt;">40% reductions in redundant code</li><li style="margin-bottom:8pt;">Millions of dollars in annual cost savings</li><li style="margin-bottom:8pt;">Maintained operational continuity throughout modernization efforts</li><li style="margin-bottom:8pt;">Minimized transformation risk while preserving business-critical functionality </li></ul> "Application modernization has become increasingly complex, especially in regulated industries, as organizations work to balance innovation with the demands of running mission-critical systems," said Neil Fowler, SVP of Hybrid Cloud Engineering at Rocket Software. "Organizations need more than AI-assisted modernization. They need a trusted approach that precisely addresses architectural nuance and dependencies that helps them move faster without introducing unnecessary risk. This recognition, we believe, reflects our commitment to helping enterprises modernize mission-critical systems while preserving the business knowledge and capabilities that power their operations." Application Modernization in the Age of AI Modernizing enterprise applications requires more than applying AI to code. Organizations need a trusted approach that combines AI-assisted analysis with deterministic tooling, unit testing, and validation to reduce risk while preserving valuable business logic and operational integrity. Rocket Software’s application modernization portfolio helps enterprises: <ul type="disc"><li style="margin-bottom:8pt;">Accelerate application understanding through AI-assisted code analysis, business-rule extraction, and dependency analysis that simplify modernization planning while addressing skills shortage.</li><li style="margin-bottom:8pt;">Modernize according to business objectives by supporting multiple modernization strategies, including modernization on the mainframe, in distributed and cloud environments, and through application replatforming and code refactoring based on customer requirements rather than technology constraints.</li><li style="margin-bottom:8pt;">Reduce operational risk by combining AI-assisted capabilities with deterministic analysis, automated testing, and validation to help preserve critical business logic and improve confidence in modernization outcomes.</li><li style="margin-bottom:8pt;">Prepare mission-critical applications for future innovation by enabling integration with modern architectures, cloud services, APIs, AI initiatives, and new digital experiences while maintaining operational continuity and transaction integrity. </li></ul> For more information about Rocket Software's modernization solutions, visit <a href="https://www.globenewswire.com/Tracker?data=zfpw_0K-ZGZixDsQ8zTWSdEgKHE0sSk_8LFpL1OywjHt9iq1iwlk3MIMz-oQCBsByi8ziVa9M5EqI_kJEYWZKMo2B6j7LGefgMUnu6VN4AY=" rel="nofollow" target="_blank" title="www.rocketsoftware.com">www.rocketsoftware.com</a>. Read the full report <a href="https://www.globenewswire.com/Tracker?data=cvUGd6MU0yf_Hp3XFn_hZ5GO6lrpUY454a33s6wnNY_5Hp-dnJTMEDL8-uTgkJSQ8xK52X6pzVT_MG5wucsuc7FErbmHUAbVYzeZua2bg7yJu0-6ScasX_X0zc810UQNssvpaf2-S0wPqykC678GtQ==" rel="nofollow" target="_blank" title="here">here</a>. Disclaimer Source: Gartner, Magic Quadrant™ for AI-Augmented Code Modernization Tools, by Prasanna Lakshmi Narasimha, Deacon D.K Wan, Erin Khoo, Wei Jin., August 3, 2026. Gartner and Magic Quadrant are trademarks of Gartner, Inc. and/or its affiliates. Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose. About Rocket Software Rocket Software is a global technology leader in modernization and a partner of choice that empowers the world's leading businesses on their IT and mainframe modernization journeys, spanning core systems to the cloud. Trusted by more than 13,500 customers and 850 partners, and with more than 3,000 global employees, Rocket Software enables customers to maximize their data, applications, and infrastructure to deliver critical services that power our modern world. Rocket Software is a privately held U.S. corporation headquartered in the Boston area with centers of excellence strategically located throughout North America, Europe, Asia, and Australia. Rocket Software is a portfolio company of Bain Capital Private Equity. Follow Rocket Software on <a href="https://www.globenewswire.com/Tracker?data=C3nLN47OSCd3Df0IuRStDwkBLcN9seLH7S2Cx71-j2VrDTtPzYVlo2fW0ewriYIb9gZ3cAKCvsRFPyKmlKkhTAITW_ZKZePyMjwMeZlvGq24bnHd4hG9YC7heQGEIn-he6jRvnOYivnKervSMEgQfw==" rel="nofollow" target="_blank" title="LinkedIn,">LinkedIn,</a> <a href="https://www.globenewswire.com/Tracker?data=N9fNAZ_mb4cNxKRdmUpfaEF5T8sw1z65PbRNmIm12pMcBaSF7KbYm1RKOUlVPOTs8tnU_APeHNgLmlEJuhntds-LuoBTYHjUP7coMO783lgTcZqGLJRf0sQ3WwK2c4Hc" rel="nofollow" target="_blank" title="YouTube,">YouTube,</a> and <a href="https://www.globenewswire.com/Tracker?data=V027WmqsfCbVwcQexXqKIqFyVULbv0l_xLX8dV_Cj-mCx3v-RaIpsePeJS7YcMe7ICbQRC6bCenFavr1Dt0-Gw==" rel="nofollow" target="_blank" title="X,">X,</a> or visit <a href="https://www.globenewswire.com/Tracker?data=4QmNSnznKRJDZFR1qcP8rkHzFkPgV7fTfvJkRXE_XXIP-THEB58diGaZhPoPZ1bH1XYG49wTNMry696Dvb7L5RzeRwqqMwcYnUNyQ2q7iIk=" rel="nofollow" target="_blank" title="www.RocketSoftware.com">www.RocketSoftware.com</a>. For media inquiries: Lacey Darrow <a href="https://www.globenewswire.com/Tracker?data=UAQ0PeNHgbdrFUQ-_pXsclHbWDciTi3ynK_tLtsDb6_M4aqoDGKlhveSs_bsPrcFBYpe7x3YvMjdT5qCZX5DQx9BjtWi42Rq1YNv0JYOYxoM-rIlibFDSjAHCII9QbuN" rel="nofollow" target="_blank" title="ldarrow@rocketsoftware.com">ldarrow@rocketsoftware.com</a>  <img alt="" src='https://ml.globenewswire.com/media/YWJhZTA0MDQtNjBkNi00ODJlLTk5MzItYTk3ZGMxYjYzMTJkLTEyMDcyNjQtMjAyNi0wOC0wNS1lbg==/tiny/Rocket-Software-Inc.png' referrerpolicy='no-referrer-when-downgrade' />

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Rocket Software Named a Challenger in the 2026 Gartner® Magic Quadrant™ for AI-Augmented Code Modernization Tools

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