Cloud transformation is a powerful and effective way to complete the metamorphosis of your entire organization across all areas – from technology and processes to people. It enables your business to streamline operations and drive growth and innovation, such as the development of better customer experiences as well as new business models and products.
This, in turn, helps your business become more competitive and resilient, increasing revenue.
What’s not to like? Done right, cloud transformation enables and accelerates digital transformation because it enhances and improves organizations’ operations, processes, and services – making it easier and faster to digitalize. The flexibility and scalability of the cloud easily support changing business priorities while reducing the risk of wasted IT resources, which previously put a damper on investments in new digital services.
What’s the Difference Between Cloud Transformation and Cloud Migration?
Cloud migration is one piece of cloud transformation. Cloud migration is focused solely on moving applications, data, and other components from on-premises to a cloud-based infrastructure.
Cloud transformation, however, enables a complete evolution of a business. To achieve this, organizations focus on cloud strategy, migration, management and optimization, data and analytics, and cloud security to become more competitive and resilient.
This is why, as our research shows, more than 50% of “digital champions” – what we call the 7% of organizations that are successful with digital transformation – believe the cloud is a game changer that helps disrupt their business model for the better.