In principle, a transcompiler can save time by eliminating the need to rewrite code from scratch.
The Commonwealth Bank of Australia, for example, spent approximately $750 million over five years to switch its platform from COBOL to Java. Recent research says that migrating an existing codebase to a more current or efficient language, such as Java or C++, necessitates skill in both the source and the destination languages and can be expensive.
It is the process of transforming data while preserving the structure as much as feasible.
The syntax conversion between programming languages isn’t the only way to convert a code from one language to another.