This document discusses legacy systems and strategies for their evolution. Legacy systems are old systems that are still critical to business operations. They are difficult to replace due to a lack of documentation and embedded business rules. Evaluating a legacy system's business value and quality can determine the best strategy. Business value considers a system's importance, while quality looks at processes, environment, and application software. High value/low quality systems may need reengineering, while high value/high quality systems can continue with maintenance.