System and method for database migration in an application environment migration

A system comprising:

• a processor;
• and
• a memory coupled to the processor, wherein the processor executes a plurality of modules stored in the memory, and wherein the plurality of modules comprising:
• an assessment module, for assessing a source database of a source application environment and ascertaining a quantum change for migrating database components of the source database to a target database, wherein the assessment module forecasts an assessment statistic that provides at least one functional readiness and a timeline to complete the migration of the database components of the source database;
• a re-factor module, for scanning the source database for identifying dependencies between the database components in form of database links and generating a re-factored database structure, wherein the re-factored database structure is generated by breaking the source database in accordance with the target database while retaining the database links;
• a re-platform module, for updating granular database components of the target database as per the forecasted assessment statistic and the re-factored database structure and migrating the source database to the target database, wherein the migration re-platforms the updated granular database components.