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How do you leverage the cloud features and benefits to create value and innovation for your system?

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Cloud migration is the process of moving your system, data, and applications from on-premises servers to cloud-based platforms. It can offer many benefits, such as scalability, security, performance, and cost-efficiency. But how do you measure the return on investment (ROI) of your cloud migration project? And how do you leverage the cloud features and benefits to create value and innovation for your system? In this article, we will explore some key aspects of cloud migration ROI, and provide some tips and best practices to help you achieve your goals.

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由社区从 2 条内容中精选。了解更多

Ruchi Batra

Tech Leader at U.S. Bank??Speaker ??Azure 3X certified ??Author
Leon Gordon

Founder of Onyx Data | Forbes Tech Council | Microsoft MVP | International Keynote Speaker | Gartner Ambassador

1 Assess your current state

Before you start your cloud migration, you need to have a clear understanding of your current system and its performance, costs, and challenges. This will help you identify the gaps and opportunities for improvement, and set realistic and measurable objectives for your migration. You can use tools and frameworks, such as the Cloud Readiness Assessment (CRA) or the Cloud Adoption Framework (CAF), to evaluate your system's readiness and maturity for the cloud, and to define your cloud strategy and roadmap.

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Ruchi Batra

Tech Leader at U.S. Bank??Speaker ??Azure 3X certified ??Author
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One of the crucial ingredients of any transformations is people. A sound cloud strategy would include cloud skill uplift plans of the people doing the work.

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2 Choose the right cloud model

There are different types of cloud models, such as public, private, hybrid, or multi-cloud, that offer different levels of control, flexibility, and integration. Depending on your system's requirements, complexity, and budget, you need to choose the cloud model that best suits your needs and goals. You also need to consider the migration approach, such as lift-and-shift, refactor, or rebuild, that will determine how much you need to modify or redesign your system for the cloud. Each option has its own advantages and disadvantages, and will impact your migration costs, time, and risks.

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3 Calculate the total cost of ownership

One of the main factors that influence your cloud migration ROI is the total cost of ownership (TCO) of your system in the cloud. TCO is the sum of all the direct and indirect costs associated with your system over its lifecycle, such as infrastructure, software, maintenance, security, compliance, and support. To calculate your TCO, you need to compare your current on-premises costs with your projected cloud costs, and factor in the migration costs, such as planning, testing, training, and migration tools. You can use online calculators, such as the AWS TCO Calculator or the Azure TCO Calculator, to estimate your cloud TCO and potential savings.

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4 Evaluate the business outcomes

Besides the cost savings, cloud migration can also deliver other business outcomes, such as improved performance, reliability, security, scalability, agility, and innovation. These outcomes can enhance your system's value proposition and competitive advantage, and create new opportunities for growth and revenue. To evaluate these outcomes, you need to define and track the key performance indicators (KPIs) that align with your business goals and customer needs. For example, you can measure the system's availability, response time, uptime, error rate, customer satisfaction, retention, and loyalty.

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Leon Gordon

Founder of Onyx Data | Forbes Tech Council | Microsoft MVP | International Keynote Speaker | Gartner Ambassador
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What's the best way to leverage cloud features and benefits? The first step is to identify what benefits you can gain by using the cloud in your system. For example, if you are a small business with limited resources, it might make sense to use the cloud for storage instead of paying for dedicated server space. Or if you're a large enterprise that needs high-capacity bandwidth and storage, then renting from Microsoft Azure might be a good option. Once you've identified potential benefits, then maybe it's time to change the way things work around here—and maybe even consider some new technologies that could help us do more with less!

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5 Optimize and innovate

Cloud migration is not a one-time event, but an ongoing journey that requires continuous monitoring, optimization, and innovation. You need to ensure that your system is running efficiently and securely in the cloud, and that you are leveraging the cloud features and benefits to optimize your processes, operations, and customer experience. You also need to explore new ways to innovate and differentiate your system, by adopting new technologies, such as artificial intelligence (AI), machine learning (ML), or serverless computing, that can enhance your system's functionality, intelligence, and value.

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How do you leverage the cloud features and benefits to create value and innovation for your system?

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1 Assess your current state

2 Choose the right cloud model

3 Calculate the total cost of ownership

4 Evaluate the business outcomes

5 Optimize and innovate

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