The iBEAM whitepaper by OptiSol outlines a GenAI-powered solution for modernizing legacy applications quickly and efficiently. Legacy systems consume 70-80% of IT budgets and hinder agility and scalability, necessitating modernization. iBEAM, which stands for Blueprint, Empower, Automate, and Modernize, refactors monolithic applications into scalable microservices using GenAI to automate tasks like code analysis, documentation, and optimization. This process accelerates development by up to 30% while reducing costs and errors. The platform enhances operational efficiency across database, application, testing, and UI layers, transforming legacy systems in just weeks rather than months.