Magento 1 End of Life (EOL) signifies that Magento will no longer be available for the consumers to support version 1.x of its products. The product will not be updated, which includes no support and no security patches in Magento 1. Wondering what this means?

Let's consider an example of a business, which is an online store that is running on the Magento 1 platform. After June 2020, which is the official Magento 2 release date, the platform will be operating an insecure site with no security system provided by the e-commerce platform. You might be putting the entire data of your clients and your business at risk by staying on the insecure platform, which can lead to cybercrimes.

One can quote that migrating to the latest version of Magento from Magento 1 leads to complete 'replatform'. Let's discuss Magento 2 in detail before you migrate from the previous version to the next one.

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What is Magento 2?

Magento 2 is the latest incorporation by a leading enterprise-class e-commerce platform, which is utilized by more than 250,000 retailers available online. Magento software is used by at least 1 in 4 businesses on the digital platform. Magento 2 was released to work on some of the limitations of Magento 1.

The major factor to drive Magento's popularity is the flexibility of this platform. But the other side of the coin is the confusing interface because of the flexible platform. Developers working on this platform continued to customize the interface, which was becoming more confusing for the users that also resulted in the slow running of the site.

Some of the features offered by the competition of Magento was the response of the site on mobile devices, which was a lacking feature in Magento 1. Magento 2, on the other hand, addressed many major issues on the platform. Here is the list of some of the key features introduced by the latest Magento version:

• Magento 2 supports latest PHP version that results in better speed of the site
• It also supports MySQL, HTML5, and CSS3
• Magento 2 platform is mobile-friendly
• Magento 2 simplified the check out process in just two stages, which was six stages in Magento 1 platform
• It offers quicker and smooth page load speed as compared to Magento 1
• The admin interfere of Magento 2 is more simplified which offers better user experience, especially for non-technical users

Let's come to different editions of Magento 2 upgrade to the latest version. There are reportedly three separate editions of the new platform namely:

1. Magento 2 Open Source/ Community Edition

This edition is available for free and can be downloaded from the Magento website. Once the user installs Magento, they will solely be responsible for developing cost, support, and hosting.

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2. Magento 2 Commerce

This is an on-premise premium edition that comes with additional support and features. This version is highly recommended for large scale businesses as the monthly cost of the same can be steeping.

3. Magento 2 Commerce Cloud

If you have heard about on-premise Enterprise edition; this cloud-hosted version also serves the similar features. Self-hosting is the only feature which is eliminated from Magento 2.

Is it Important or Compulsory to Migrate to Magento 2?

After reading about important editions of Magento 2, you already have all the reasons why it is significant and compulsory to move to Magento 2. But the decision does not stand true that it is mandated to switch to Magento 2. firms and companies are using this time frame as an opportunity to leave Magento 1 and cast a wider net by considering different options and platforms.

Migrating to Magento enterprise latest version will also involve recreating many aspects of your website that includes re-designing and theme work. Many companies are also switching to other options that offer true SaaS solutions like BigCommerce that offer more flexibility than Magento.

Costs Not Included in licensing

While you are browsing around the costing of Magento 2 and how to upgrade my Magento site, it is important to consider those factors that will not be included in the licensing cost. So to be realistic, add these costs as well to the licensing cost, you must be paying already.

• Infrastructure: Factors like website or application serves, firewalls, load balancers, and the database will be a separate cost from licensing
• Cost of Development: From designing, programming, developing and integration of your application, they will be separate costing.
• Support Management: Cost related to troubleshooting, bug fixing, training patches and update management is also separately considered.

If you are already working on Magento 1 platform, you must be aware of the maintenance and development cost already. And if you are looking for a technical partner under affordable costing, you can contact Owebest Technologies for further Magento upgrade service.

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Things to Know Before You Migrate to Magento 2

Without concluding what your decision will be, there are few factors that you must be aware of before you plan to switch from Magento 1 to Magento 2 platform. Other than development cost, the following listed pointers will help you prepare for other aspects of migration.

Security Risks

It is important to migrate to editions of Magento 2 to reduce the security patches risk. PCI Complaint will be updated on the Magento 2 platform that abides all business transactions through credit card.

Re-indexing

Indexing is a process used by Magento to reconstruct the category and product data for the site and application. Once the data is changed, these updates must be reindexed on the platform. Under Magento latest version, unique indexers will be created to accumulate unto unique tables. This procedure will be carried out by the developer by running a cron job and fixing previous indexers.

Blog in Magento 2

A blog is a platform to create the content to engage with the users in a better manner. However, setting up a blog is not included in the default function in Magento. So, when you migrate from Magento 1 to Magento 2, developers will have to use a custom extension to build the blog section on the platform.

Payment Gateways

By NOT migrating from Magento current version to Magento 2, the payment gateway might just limit to only a few types of payment methods which might impact the value of your brand as per user's experience.

Development Support

With developers getting professionally trained on the Magento 2 platform, the businesses will get highly professional developers who will categorise their site and application with the complete secured process.

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Conclusion

Now the decision really relies on you. Many online stores are at the crossroads with End of Life (EOL) of Magento 1. However, it might not be secure to leave your data on the current platform as it will not support the extension for a longer time.

One can choose to upgrade to Magento 2 or look for different SaaS options for a completely different process. Either way, you will need professional advice as to which road to choose while keeping a track of Magento release notes? You do not want a complicated re-platform project and regret it later. You can contact Owebest Technologies today for better opinion and knowledge about all sorts of platforms best suited for your business.

You can discuss the cost involved with each platform and which is the best long-term fit for your business type. After all, every business deserves the right platform for their right branding. You can work beyond limits. All you need is a professional technical partner to help you with the right decision and open all the possible aspects of your business.