Cloud computing is often questioned as a passing trend, but the reality is that it has become an essential part of business operations. What was once a major trend captivating everyone’s attention has now become the new norm. Similar to the shift in focus towards AI, the cloud has solidified its position in the technology landscape. While many tech execs are in the process of evaluating their needs and transitioning to cloud-based platforms, others are contemplating the value they have gained from their investments.
Early adopters of cloud solutions often encountered challenges along the way. Some even migrated to different cloud providers, resulting in a complex hybrid environment that is difficult to maintain and can be costly. As a result, senior technology leaders are now placing significant focus on the total cost of ownership and maximizing returns from their existing investments. Data has also become a primary focus. The exploration of unlocking knowledge from mainframe platforms and combining it with cloud data to gain unprecedented insights into clients is underway. AI is being considered as a means to leverage this data for critical business decisions.
Companies are carefully examining their current platform, encompassing both legacy systems and cloud infrastructure, to determine how to build a futuristic platform that effectively supports their business without requiring substantial additional investments. This endeavor also entails a cultural shift to ensure that the company possesses the necessary skills to support the future platform.
By prioritizing cost optimization, strategic platform assessment, and fostering the right skill sets, companies can position themselves for long-term success in this ever-evolving technological landscape.