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modernize

verb [I or T] (UK usually modernise)
 
 
/ˈmɒd.ən.aɪz/ US  /ˈmɑː.dɚ.naɪz/

Definition

to make something more modern: Much of the house has been modernized. There has been a lot of opposition to modernizing working practices. If they want to increase output from the factory, they'll have to modernize.Restoring and reviving modernization (UK usually modernisation)
 
 
/ˌmɒd.ən.aɪˈzeɪ.ʃən/ US  /ˈmɑː.dɚ.naɪ-/ noun [U]
The modernization of the 100-year-old sewage and water systems will cost millions of pounds.Restoring and reviving
(Definition of modernize verb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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