In the current times, most organisations are witnessing a shift in customer and market landscapes. This new environment is putting pressure on existing systems and as a result, the need for resilient, flexible and secure systems and applications to ensure operational resilience has become vital. For instance the rise in the adoption of digital banking products and solutions by customers during lockdowns has propelled financial organizations to expedite their digital transformation agendas. To match customers’ digital expectations, banks are making substantial improvements to their user experience (UX) design to offer a more seamless and intuitive customer experience.
While the need for agility and scalability continues to push companies toward cloud adoption; on ground there is a lag in the success stories of cloud adoption by companies. Many company leaders have encountered major roadblocks along their path toward cloud once they questioned its impact on costs, security, latency, and more.
The lift and shift strategy - virtualizing the application and dropping it into cloud as is - can be a faster and more cost-effective way to move many applications into cloud at once; but it fails to harness majority of the cloud’s benefits as more often than not, no change is made to the application’s architecture. On the other hand, a complete refactoring of the application and its architecture to optimize for cloud takes a lot of time, skill and money.
Exploiting cloud services and tooling, requires change across all of IT and more importantly business functions. It requires software engineering, operating-process improvement, and business innovation. This involves a complete rebirth instead of just refabrication of the cloud native infrastructure.
TechCircle is organizing Cloud - The Digital Infrastructure, a virtual summit that will bring together industry experts and torchbearers to deliberate on the future of cloud, its implementation, challenges and solutions, thus carving a roadmap for the future.