Cloud computing is the power source that companies need today to:
- Deliver new or updated digital services in minutes, not days
- Leverage next-gen technologies including Internet of Things, automation, and analytics
- Reduce data processing costs
- Comply with new data production policies such as the European Union’s General Data Protection Regulation (GDPR)
These companies are looking at a variety of cloud options including public, private and hybrid clouds as many vendors such as Amazon Web Services, Google, Oracle, Microsoft, and the niche cloud players that bring deep competencies in different domains.
Cloud computing represents a sea change for executives and many are embracing it. Learn about the process to determine what, when, and how to move their company’s systems to the cloud.
Prepare for the Cloud Journey
Four Ways the Cloud is Changing the Basis of Competition
These business models are based on the continuous collection of data about how customers use a product and when those products will fail. Through the cloud, companies can analyze this data and personalize customer offers and offerings.
Five Steps to a Cloud-powered Business
1. Cloud strategy formulation: creating the plan based on a firm’s digital needs and ambitions, competition, and other needs:
- Explores different types of cloud implementations and service providers
- Evaluates which legacy applications should be migrated and which are more-efficient running on-premises
2. Technology assessment and architecture design: determining which pieces of the IT architecture should go to cloud (and not):
- Determines how all the current technology and data pieces will interact, regardless if they will reside on the cloud
- Defines the cloud model (public, private, or hybrid), the provider for each resource and security best
3. Cloud migration: creating a detailed and realistic plan to determine if it is “lift and shift” or if modernization is required and using that approach to move applications to the cloud.
4. Implementation: shifting on-premise systems that should be shifted to public, hybrid or private clouds:
- Modernizes or tweaks existing applications to be cloud ready
- Integrates with other applications
5. Cloud managed services: setting up the governance structure for who will operate, maintain, and support the cloud to ensure performance or deliver catalogue based value added and cost effective services.