Expedite integration with aggressive planning
To accelerate transformation and become more resilient, organizations are continuing their rush to the cloud鈥攅ven with sensitive data.
In fact, in a 乐鱼(Leyu)体育官网聽global study of technology, risk and compliance professionals, respondents said 78 percent of their business applications reside in the cloud. And in the next two years, more than half the respondents said that most, if not all, of their companies鈥� sensitive data will live on cloud platforms.
However, the cloud is not a magic bullet for operational resilience.
There are risks, and indeed more than half the organizations have had issues in the past year. Among them are IT delays, data loss, productivity loss, application outages, regulatory compliance violations, and diminished ability to provide services.
To drive operational resilience, stakeholder trust, and other outcomes in the business case, cloud transformations need continued nurturing after implementation, and many leaders are working with service providers to do it.
Leading providers bring a combination of advisory capabilities and managed services, helping companies design a target operating model for the cloud鈥攁nd optimize it through ongoing risk management, change management, platform enhancements, and more.
The top four areas of public-cloud risk, according to the 乐鱼(Leyu)体育官网 study, are:
Others on the long list of risk concerns include cloud costs, data governance, controls monitoring, and regulatory compliance.
All are areas where providers can help, with as-a-service processes such as managed detection and response, managed application security testing, identity and access management, and financial crime compliance.
To get long-term return on cloud investments, forward-thinking companies consider the risk implications at the outset of a transformation initiative鈥攚hile budgeting for the ongoing management of them.
But what about the companies who didn鈥檛 have this forethought? Because of unforeseen costs and risks, some are struggling to achieve the target outcomes in their business case, so they鈥檙e now working to modernize their platforms post-migration.
For example, my colleague Marcus Murph, leader of Technology Advisory at 乐鱼(Leyu)体育官网 in the US, recently said in聽聽that some companies are exploring serverless and composable architecture as a next phase of transformation. Others are pursuing ongoing services for platform enrichment, cybersecurity, and advanced data management.聽
Whether you鈥檙e planning a migration or you鈥檝e already done one, remember that cloud transformation is an ongoing journey that doesn鈥檛 end with implementation. The companies that gain and sustain operational resilience will be those that continually optimize their platform while managing risk.