Business reinvention through cloud adoption

Edgars Beigarts
Edgars Beigarts
02 April, 2024 | 3 mins

It seems that for the last couple of years there has been a lot of talk surrounding cloud migration and cloud adoption. In 2023, as high as 70% of businesses reported having more than half of their infrastructure in the cloud.

So why is cloud adoption all the rage and how can your business benefit from migrating? Here is our summarized rundown of the 5 critical Q&As that will help get you introduced to the topic.

1. Why is now the critical moment for businesses to commit to cloud adoption?

The current business climate is fraught with macro-economic, political, and societal challenges. Organizations are recognizing the necessity of adopting cloud technologies to maintain agility, resilience, and innovation in the face of these conditions. Cloud adoption allows companies to align IT investments with business needs, benefit from economies of scale, and free up IT resources to focus on strategic initiatives​​.

2. What are the main challenges businesses face during cloud migration, and how can they be overcome?

Organizations face several challenges in cloud migration, including defining a clear cloud strategy, managing cloud security, and addressing the cloud skills gap. Overcoming these challenges requires a comprehensive approach that includes building cloud fluency across the organization, creating flexible cloud migration strategies, and prioritizing cloud engineers' skills development. Moreover, ensuring frequent deployments and fostering an organizational culture that supports experimentation and learning can address these hurdles effectively​.

3. How does cloud adoption drive business reinvention and competitive advantage?

Cloud adoption is integral to digital transformation strategies, offering a pathway to modernize applications and infrastructure. This then further enables organizations to leverage cloud-native technologies, such as Platform-as-a-Service (PaaS) or containers, which are pivotal for opening doors to change. Organizations that prioritize cloud migration and modernization are more likely to achieve a 'cloud-only' state, leading to greater agility and innovation​​.

4. What role do custom software development companies play in facilitating successful cloud transitions?

Custom software development companies are key enablers of successful cloud transitions. They assist businesses in navigating the complexities of cloud migration by providing expertise in choosing the right cloud services, developing interoperability strategies, and ensuring robust security practices. Moreover, these companies play a crucial role in application modernization, helping clients to refactor and rebuild applications to take full advantage of cloud capabilities​​​​.

5. How can businesses ensure they fully realize the value of their cloud investments?

To maximize the value of cloud investments, businesses should adopt a multi-vendor service approach, leverage data for actionable insights, and establish strong governance practices to minimize risks. Ensuring robust interoperability and security strategies is also critical. Additionally, involving cross-functional teams in cloud migration initiatives and focusing on continuous optimization and scaling of cloud resources can lead to successful outcomes​​​​. If you are interested to know more about what Mitigate, as a custom software developer, can do to help evolve your business, don’t hesitate to contact us and let’s start talking.