The Cloud Conundrum

As more organizations turn to cloud migration to enhance operational efficiency and drive innovation, global investment in cloud computing continues to rise. In fact, the global cloud infrastructure market service spend exceeded 78 billion USD in the fourth quarter of 2023. The flip side of this narrative, however, is that 50% of companies, despite over half a decade of their cloud journey, have not completed 20% of their cloud adoption. The challenges are multifold.

What Is Cloud Migration?

Cloud migration involves transitioning data, applications, and workloads from on-premises infrastructures to cloud environments and offers businesses a pathway to greater scalability, flexibility, and cost savings. Industry leaders like Microsoft Azure, Google Cloud Platform (GCP), and Amazon Web Services (AWS) dominate this space, providing cloud-based solutions that enable companies to offload the burdens of maintaining physical infrastructure.