Intellect has been around for 8 years and has been developing products over this period. Technology evolves continuously. One does not re-platform/rewrite everything in one go. There are release or refresh cycles. One waits for critical mass or customer demand before refreshing the technology stack. In addition, there will be customers on older versions that need to be supported too. Intellect has been continuously investing in refreshing its technology stack. It wouldn’t be as new as some of the new entrants such as Mambu or Thought Machine but it does not seem old.
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