System and method for application environment migration

A system for application environment migration, the system comprising:

• a processor (122);
• and
• a memory (126) coupled to the processor (122), wherein the processor (122) executes a plurality of modules (128) stored in the memory (126), and wherein the plurality of modules (128) comprising:
• an assessment module (130), for assessing a source application code of a source application environment and ascertaining a quantum change for migrating the source application code to a target application code, wherein the assessment module (130) forecasts an assessment statistic (302) that provides at least one functional readiness (304) and a timeline (306) to complete the migration of the source application code;
• a re-factor module (132), for scanning the source application code to understand a business logic and generating a re-factored code for the source application code, wherein the re-factored code is generated by breaking the source application code into macro-services (426a, . . . , 426n) and repackaging the macro-services (426a, . . . , 426n) in accordance with the target application code while retaining the business logic;
• a re-platform module (134), for updating components of the source application environment as per the forecasted assessment statistic (302) and the re-factored code and migrating the source application environment to the target application environment, wherein the migration re-platforms the updated components and the re-factored code of the source application environment to the target application environment.