What The Software Revolution, Inc does

The Software Revolution, Inc. (TSRI) is a privately held, Kirkland, Washington-based software firm founded in 1995 by Philip Newcomb to commercialize AI-based legacy code re-engineering research originated at the U.S. Air Force's Rome Labs. The company's core product is the JANUS Studio AI Platform, which applies a Composite AI approach — Deterministic AI layered with Generative AI — to automate transformation of legacy codebases spanning 35+ source languages (including COBOL, PL/1, JCL, Ada, Fortran, and CA-IDEAL) into modern targets such as Java, C#, Python, and C++. Documented automation rates reach 99.9X% (99.98% on a 5.1-million-line project), enabling multi-year manual modernization efforts to be compressed into months while preserving business logic through functional equivalence validation.

TSRI monetizes through a mix of firm-fixed-price professional-services engagements, recurring subscriptions on its self-service DocsRev platform and invitation-only PTW services platform, and seat licenses for the JANUS Studio toolset used by customers performing classified or sensitive transformations internally. The company serves federal civilian and defense agencies (US Air Force, HUD, DISA), large financial institutions (Deutsche Bank, Pitney Bowes), defense primes (Lockheed Martin, Northrop Grumman, Raytheon, Boeing), and other enterprises, distributing through a direct enterprise field-sales motion layered with partnerships across AWS, Microsoft, Oracle, and all major DoD systems integrators. The company has executed 250+ successful modernization projects since 2000 and was designated a 2026 ISG Leader in Mainframe Modernization. With only a single $3 million financing round in 2001 and 11-50 employees, TSRI operates as a bootstrapped, founder-led specialist with a long-tenured, cleared facility for classified engagements.

Name

The Software Revolution, Inc

Legal name

The Software Revolution, Inc.

Website

https://tsri.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

TSRI automates legacy software modernization using its JANUS Studio AI platform, converting COBOL, PL/1, Ada, and 30+ other legacy languages into modern stacks for government agencies, defense primes, and large enterprises.

Ownership category

akta.pro rank

Product category

Application Modernization Software

NAICS

Computer Systems Design and Related Services (5415), Custom Computer Programming Services (541511), Computer Systems Design Services (541512)

SIC

Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Enterprise Application Modernization (Monolith-to-Modules, Domain Modernization) (BPAEAFAG)

akta.pro secondary industries

Legacy Modernization & Application Rationalization (BPAEAAAG), Software Engineering & Application Modernization (BPAHAEAD), Low-Code/No-Code Application Development & Modernization (BPAEAFAF)

Keywords

• Legacy code modernization
• Mainframe migration services
• Automated code transformation
• Software refactoring services
• Application modernization software

Headquarters

HQ city

Kirkland

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services: Legacy software modernization services including assessment, transformation, refactoring, and engineering support. Services provided directly or through partnerships with systems integrators for government and commercial customers.
2. Software Platform Subscriptions: Self-service product platform (DocsRev) accessible via account registration, providing code documentation and blueprinting tools. Also invitation-only PTW platform for services delivery.
3. Toolset Seat Licenses: JANUS Studio toolset seat licenses for classified or sensitive code modernization where customer personnel perform transformation using TSRI's technology, with TSRI providing training and support.
4. Project-Based Engagements: Firm fixed price project engagements for specific modernization deliverables, ranging from language conversion to complete system transformation with cloud deployment.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

TSRI provides automated legacy software modernization through its JANUS Studio AI Platform, which combines Deterministic AI with GenAI (Composite AI) to transform code from 35+ legacy languages (COBOL, PL/1, JCL, CA-IDEAL, Ada, Fortran) into modern languages (Java, C#, Python, C++) at near-complete automation levels (99.9X%). The company delivers project-based modernization services, seat-licensed tooling, and self-service documentation via DocsRev, serving government agencies, defense organizations, and commercial enterprises with mission-critical legacy systems.

Product overview

TSRI offers an AI-driven software modernization platform centered on JANUS Studio, which uses Composite AI combining Deterministic AI with GenAI to automate legacy code transformation at 99.9X% automation levels. The platform supports 35+ legacy source languages (COBOL, PL/1, JCL, Ada, Fortran, CA-IDEAL) converting to modern targets (Java, C#, Python, C++). Customers access the platform through DocsRev (self-service) or PTW (enterprise services platform for blueprinting and review). TSRI's services include transformation, documentation, refactoring, and cloud migration to AWS, Azure, and Oracle platforms.

Differentiator

Problem solved

Functional benefit

Brands

• DocsRev: Self-Service Product Platform for document and code management
• PTW
• JANUS Studio
• eVolution 2000

Products and services

• JANUS Studio AI Platform AI-powered software modernization platform that automates transformation of legacy code from languages such as COBOL, PL/1, JCL, Ada, Fortran, and CA-IDEAL to modern languages including Java, C#, Python, and C++. Built on a Deterministic AI foundation now enhanced with GenAI capabilities for Composite AI-driven enterprise-scale modernization.
• DocsRev Self-Service Platform Self-service online product platform that provides customers access to TSRI's code documentation and blueprinting tools via account registration at docsrev.io.
• PTW (Platform for Transformation Work) Invitation-only services platform used by customers to upload code for blueprinting and review transformation blueprints, with access coordinated through a TSRI sales representative.
• Legacy Software Modernization Services End-to-end professional services covering legacy system assessment, code transformation (language, UI, and database conversion), refactoring, and engineering support. Delivered directly to government and commercial enterprises or through systems integrator partnerships.
• eVolution 2000 Registered TSRI toolset brand used for assessment, transformation, refactoring, and web-enablement of legacy systems; positioned as an earlier-generation toolset that preceded JANUS Studio.

Quantifiable outcome

• 99.98% automation achieved on 5.1 million lines of code project, leaving only 1,000 lines for manual rewrite
• +2 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature6 records

Partnerships

15 partnerships are on record, tiered core, major and strategic.

• FNTScoreStrategic or Co-development Partner · 11 July 2024FNTS + TSRI partnership to optimize and modernize mainframes for enterprise customers, combining FNTS infrastructure expertise with TSRI's automated modernization technology.
• Navigant ConsultingmajorImplementation/ SI/ Consulting Partner · 18 June 2008Healthcare modernization team for Health Care Service Corporation (HCSC) PowerBuilder and MagnaX legacy systems modernization.
• DISAstrategicImplementation/ SI/ Consulting Partner · 5 May 2008DISA Encore II IT Solutions contract (ID/IQ) with $12B ceiling over 10 years, providing access to DoD and federal agency IT migration needs.
• Tybrin CorporationmajorImplementation/ SI/ Consulting Partner · 10 April 2008Air Force Joint Mission Planning System (JMPS) VB6 to C# .NET modernization.
• RaytheonmajorImplementation/ SI/ Consulting Partner · 28 December 2005Multiple modernization engagements including Patriot missile code, satellite communications systems, and Air Force Weather Data Architecture Capability.
• Microsoft Mainframe Migration AlliancecoreChannel Partner/ Reseller/ Distributor · 22 November 2004Alliance member helping customers migrate from legacy mainframes to Microsoft platforms with automated modernization.
• Lockheed MartincoreImplementation/ SI/ Consulting Partner · 1 September 2004Partnership on $213M I-SPAN Air Force contract for strategic warfare planning system modernization. Also P-3C aircraft modernization and I-SPAN development.
• SAICmajorImplementation/ SI/ Consulting Partner · 15 January 2004Navy EOSS modernization project under SPAWARSYSCOM, porting VAX-hosted system to J2EE with web-enablement.
• CSCmajorImplementation/ SI/ Consulting Partner · 18 August 2003Bureau of Citizen and Immigration Services scheduling system modernization from Cobol/C to C++.
• EDSstrategicImplementation/ SI/ Consulting Partner · 14 March 2002DISA Encore IT Solutions contract (ID/IQ) with $2B ceiling over 7 years for DoD modernization.
• AWScoreTechnology or IntegrationAWS Mainframe Migration Competency partner and launch partner for mainframe migration. AWS validated partner for mainframe migration with TSRI featured at AWS re:Invent and AWS CloudWorld events.
• MicrosoftcoreChannel Partner/ Reseller/ DistributorMember of Microsoft Mainframe Migration Alliance (MMA), working with Microsoft and other alliance members to provide exit strategies for mainframe customers.
• AzurecoreTechnology or IntegrationCloud platform partner for Azure-based modernization deployments alongside TSRI's transformation capabilities.
• OraclecoreTechnology or IntegrationOracle cloud platform modernization partner for Oracle Cloud infrastructure deployments.
• Northrop Grumman ITcoreImplementation/ SI/ Consulting PartnerLong-standing partnership for Air Force REMIS modernization and other government projects. NGIT awarded $802K contract for REMIS Increment 1 and led I-SPAN $213M contract where TSRI participates.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Astadia: Astadia is a leading mainframe and legacy modernization services firm specializing in COBOL-to-cloud transformations for enterprises. It directly competes with TSRI on automated modernization engagements and shares the same target buyers in BFSI and government.
• Heirloom Computing: Heirloom Computing offers automated COBOL-to-Java and mainframe-to-cloud modernization services. It is a direct competitor to TSRI in the enterprise legacy modernization niche, particularly for financial services and government clients.
• CloudFrame: CloudFrame provides automated COBOL-to-modern-language transformation, similar to TSRI's JANUS Studio. It directly competes in the same narrow niche of automated legacy code modernization for enterprises running on IBM i, mainframe, and similar platforms.
• Modern Systems (now part of Accenture): Modern Systems (now part of Accenture) provided automated COBOL and legacy language transformation services. It is a direct historical competitor in automated legacy modernization, with similar target customers and offerings to TSRI.

Broad incumbents

• OpenText (Micro Focus): OpenText (which acquired Micro Focus) provides COBOL development tools, mainframe modernization platforms, and enterprise application management. It is a broad incumbent vendor in the legacy tooling space and competes indirectly with TSRI for modernization mindshare.
• IBM Consulting (Z Systems / watsonx): IBM owns the dominant mainframe platform (z/OS) and offers watsonx AI tools and application modernization services. It is a broad incumbent that competes for modernization budgets in the same large enterprise and government accounts as TSRI.
• Accenture Federal Services: Accenture Federal Services is a major systems integrator providing large-scale legacy modernization and cloud migration for US federal agencies. It is a broad incumbent competing with TSRI for defense and civilian agency modernization programs, often as the prime contractor with TSRI as a sub.
• Cognizant (Application Modernization): Cognizant offers enterprise application modernization and legacy transformation services at global IT services scale. It is a broad incumbent that competes for modernization programs in BFSI, healthcare, and other regulated industries where TSRI also operates.
• Capgemini Engineering: Capgemini provides large-scale legacy and enterprise application modernization services across Europe and North America, often partnered with hyperscalers. It is a broad incumbent competing for the same enterprise modernization RFPs as TSRI.

Emerging players

• TmaxSoft: TmaxSoft is a Korean-based software vendor offering mainframe rehosting and modernization (OpenFrame) and database migration products. It is an emerging player with partial overlap to TSRI's offering, primarily focused on rehosting versus TSRI's code transformation approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Software Revolution, Inc