Application Upgrade - Migration/Move to a new server

Hi,

I am trying to perform an application upgrade from v6.8.1 to v7.0

On top of that, I would like the upgraded software to be sitting in a new Linux server that I have recently setup.

Is it possible to first move the existing application 6.8.1 from the existing server to a new one, then later upgrade it once it is moved to the new one?

If yes, is it referred in the documentation? I don't seem to find it there.

***Note: I have successfully used that approach with the Database, which is a remote one.

I have setup a new server and managed to move/migrate my existing DB from the old to the new server by updating the host server, IP address and service names in few system files.

I want to find out if I can achieve the same with the application.