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The word 'modernisation' is correct and commonly used in written English.
It refers to the process of making something modern or bringing it up to date with current trends and technology. Example: The city council has announced plans for the modernisation of its public transportation system, including the implementation of electric buses and a new mobile ticketing system.
Exact(60)
Transport secretary Patrick McLoughlin said: "We are investing in the biggest rail modernisation since the Victorian era and fares have a crucial role to play in funding these improvements.
People I know are disillusioned with the system and want PR and don't believe in mainstream politics and I realise that although there is always room for improvement and modernisation, politics is always going to involve compromise and I feel those of my age who hold unrealistic ideological notions are wasting the opportunity many people across the world are denied.
Such was the new global consensus that Tibetan Buddhists resisting the radical "modernisation" of their society and landscape invited the scorn of Rupert Murdoch as well as of Hu Jintao.
Photos in the lobby show Kirkuk's development over the past century: a brief period of British occupation in 1918; the discovery of oil in the 1920s; modernisation of what was once ancient Sumeria and Assyria.
He was the architect for Swaleside Prison, on the Isle of Sheppey, and managed the £80m repair and modernisation of Strangeways Prison, in Manchester, after it was badly damaged by rioting prisoners in 1990.
The modernisation of the Conservative party is not yet complete".
Cameron was determined that his modernisation of the party would mean it being less obsessional and more pragmatic about the EU.
In the 1990s the Fabian Society was a major influence in the modernisation of the Labour party.
The briefing paper explains that the bigger salaries are "part of the process of modernisation of the BMA, recognising the ever-increasing demands on the BMA's chief officers" and are intended to ensure that top talent from within the medical profession take on senior BMA jobs.
It has only really won in 1945 ["a country fit for heroes"], in 1964 [on the scientific and technological challenges of the 1960s] and in 1997 [on economic and social modernisation, a compelling vision of national renewal] – when it speaks in deeper, animated language about national prosperity and collective endeavour.
By giving in to an alliance of the right and the rich, George Osborne has made a basic blunder that sends a missile into six years of Tory modernisation.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com