Issue link: https://read.uberflip.com/i/1505615
Today, only 30 percent of enterprises that are in the cloud have developed highly modernized cloud environments by adopting containers, building serverless applications, modernizing with managed data, and using managed analytics. Organizations that do modernize improve staff productivity, gain greater business agility, augment their operational resilience, and reduce their cloud costs. They also achieve 43 percent greater revenue and dedicate 38 percent more resources to digital transformation than those organizations using basic cloud services. 4 pathways to quantify the business value of modernization Cloud modernization on AWS Containers Managed data services Serverless architecture Managed analytics Lightweight standalone containers provide a standard way to package application code, configurations, and dependencies into a single object, so organizations can deploy rapidly, scale infinitely, and run resource-isolated processes. By implementing containers, organizations have seen: Managed data services optimize block storage utilization by replacing manual management with policy automation and standardization. Teams benefit from low-latency read replicas, the ability to recover data, and continuous backup and replication across multiple redundant regions. Utilizing managed data services leads to: Serverless architecture eliminates overprovisioning and generates cost savings. Organizations don't have to focus on administrative tasks and can remove the configuration steps for server provisioning. With serverless architecture, organizations have seen: Removing the responsibility for data and analytics management from internal staff enables organizations to focus more time and resources on initiatives that drive revenue generation and improve process efficiencies. Organizations that use managed analytics see: Cloud modernization involves moving from basic to modern cloud services via 4 primary pathways: Research firm Known explored these cloud pathways to quantify the post-migration benefits using the AWS Cloud Value Framework: PATHWAY 3 PATHWAY 2 PATHWAY 4 Build a case for cloud modernization © 2023, Amazon Web Services, Inc. or its affiliates. All rights reserved. Learn more about how to modernize your applications with Amazon Web Services (AWS) to reduce costs, gain efficiencies, and make the most of your existing investments. AWS Cloud Economics Center 1 Adopting containers 3 Modernizing with managed data 4 Using managed analytics 2 Building serverless applications Pillars of the AWS Cloud Value Framework: Study conducted in 2021: 30 ENTERPRISE IT LEADERS 505 US ENTERPRISES were interviewed to identify KPIs and explore the impact of modernized cloud services were surveyed to quantify the impact of modernization at scale Cost savings Staff productivity Operational resilience Business agility 8% improvement in storage utilization 13% faster security incident resolution 24% less time to deploy new feature and service releases 28% increase in revenue 23% improvement in compute utilization 40% reduction in downtime 80% more virtual machines managed per administrator 28% increase in revenue 39% less spending on IT infrastructure 14% faster security incident resolution 25% shorter time to deploy new applications 22% accelerated conversions of monolithic applications to cloud- native applications 10% improvement in storage utilization 18% rise in organizations resolving their security incidents 33% increase in the number of transformation- focused resources 35% reduction in time to generate business insights "Containers speed up our development lifecycle. It really has streamlined and brought unison to our technology department." IT Leader, Financial Services Firm "The goal is to put more and more on containerized platforms. It really gives us the ability to scale." IT Director, Wholesale Trade "The number one benefit that serverless brings to our organization is reduced cost." Senior Director of IT, Telecom "Before, our time to insight was 15 hours, with managed analytics, it was slashed to 1 hour." IT Leader, Media "With serverless, it's easier for us to innovate faster because we don't have to stand up all this infrastructure anymore." Senior Director of IT, Entertainment "With managed analytics, it is easier to see the huge amount of data and then analyze it in seconds. That is the value." Senior Architect, Healthcare "Our insights are entirely driven from managed data. Our speed to insight is clearly from AWS." Cloud Architect, Telecom "Managed data improves the total amount of data we can keep." IT Leader, Telecom PATHWAY 1