CV_JanFeb_24

Countless organizations have shifted to the cloud in recent years looking to increase operational efficiency, lower costs and enhance agility. But the truth is, cloud transformation is typically a challenging journey rather than a quick fix — and migration projects don’t always go according to plan. In a recent PwC survey, more than 78 percent of executives claimed their companies had adopted cloud in most or all parts of their business. Yet, more than half have failed to realize key outcomes such as cutting costs and improving resilience. “Amidst the promises of cloud transformation, a harsh reality emerges — the cloud migration journey is fraught with challenges that often result in setbacks, unforeseen expenses and the necessity for agile adaptation,” explained RapidScale in a new report on cloud migration. “Companies are struggling with finding the right internal talent and external partners to make their cloud projects successful.” Among those that have migrated a percentage of their environment to the cloud, one in three leaders claim their migration efforts are behind schedule, according to the RapidScale data. Twenty-six percent claim their efforts have stalled completely. And the majority (68 percent) of IT decision-makers say less than half of their IT environment has been migrated or deployed to the cloud. Perhaps most concerning of all to cloud services providers, nearly a third of companies changed, added or removed cloud providers to deal with challenges during their cloud migration. By Gerald Baldino VIRTUAL REALITIES 24 As companies struggle with cloud migrations, demand for strategic partnerships is accelerating What are the reasons why your organization’s migration of IT workloads to the cloud have slowed or stopped? Concerns over data and IT 43% Increased complexity 42% Budget cuts due to economic conditions 30% Compliance and regulations 28% Leadership skepticism 27% Source: Rapidscale

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