Modern Application Development

Business Value of Cloud Modernization

Issue link: https://read.uberflip.com/i/1476782

Contents of this Issue

Navigation

Page 1 of 18

Business Value of Cloud Modernization | Commissioned by Organizations are modernizing their cloud infrastructure and adopting services beyond basic compute and storage. Our research reveals four primary cloud modernization pathways utilized by organizations. Therefore, we define cloud modernization as moving from basic to modern cloud services via: (1) adopting Containers, (2) building Serverless applications, (3) modernizing with Managed Data, and (4) using Managed Analytics. This research study quantifies business value created by utilizing these pathways. We benchmarked 22 unique KPIs to understand the value of using modern cloud services and we found that organizations reported: • 28% revenue growth after adopting Containers • 39% reduction in IT spend after adopting Serverless • 13% faster time to resolve security incidents after adopting Managed Data • 35% faster time to insights after adopting Managed Analytics • 43% revenue growth after adopting all four pathways In this paper we will examine each pathway and discuss the detailed list of KPI improvements. EXECUTIVE SUMMARY 28% Increase in organization revenue 2 Containers Modernization Pathways Serverless Managed Data Managed Analytics Basic to Modern Cloud Benefits 39% Reduction in IT spend 13% Reduction in time to resolve security incident 35% Faster time to insight Highly Modernized Organizations 43% Increase in organization revenue

Articles in this issue

view archives of Modern Application Development - Business Value of Cloud Modernization