| |JUNE 20228WHY CLOUD?By Sukanya P, Senior VP - Tech Area Lead, Group Digital & Technology, Swiss Reublic cloud is fast picking-up mo-mentum and most organizations have started their journey towards building cloud native solutions if not already completed the same. The benefits of cloud solutions are many, and some of them can be highlighted as:1. Unmatched level of performance and high scal-ability2. Faster time to market3. Economies of scale and flexible pay-per-use op-tions4. Rich technology choices and availability of talent pool5. Ability to stay on top of technology innovations6. Ability to connect data from across the organiza-tion to deliver meaningful insightsCloud native systems are typically designed for high resilience, rapid & continuous change, and au-tomatic scaling. They utilize advanced features such as serverless functions, microservices architecture, containerization, continuous integration and con-tinuous deployment pipelines, and define the entire infrastructure as code.Adoption of public cloud enables an enterprise to have a shared services model for the common con-siderations such as reference data, keys, passwords, access rights and can also provision some of the cross-cutting features such as monitoring, logging and security centrally. These enable rapid develop-ment of stateless microservices that can be loosely coupled with each other.In order to enable migration to public cloud plat-forms, companies typically look at four different di-mensions1.Build a Set of Baseline Capabilities: Nurture partner-ships with hyper-scalers, create a well-defined roadmap & targets for cloud migration and develop the basic premise around digital governance, data privacy & security. The base-line capabilities would also contain a set of standard products, reusable components and subscription limits and controls2. Define Cloud Adoption Strategy: Work with individual business units to determine the right candidates for cloud migration by classifying the current landscape and prioritiz-ing the solutions that would benefit the most by leveraging cloud technologies3.Consciously Curate a Cloud Learning Journey: For tra-ditional teams, building cloud native solutions requires a complete shift in the development, deployment, and opera-tions approach. Hence, it is important that teams understand how to design an application as a collection of services, and decouple them for individual fault tolerance and horizontal scaling4.Focus on Cloud Economics: Foster a strong discipline around cloud costs, as these could go out of bounds quickly if not monitored. It is important to ensure that technical debt and ineffective processes are not migrated to cloud, and that business processes are re-engineered to utilize the value of cloud platformsFuture of CloudIoT Applications: Cloud is the single most enabler of large-scale real-time data processing and ubiquitous computing. It helps connect multiple IoT devices and delivers insights through contextual data aggregation and processing. It could deliver smart predictions, troubleshooting and controls through continuous monitoring of the connected devices.Artificial Intelligence: Cloud computing also plays a sig-nificant role in delivering artificial intelligence. Since Machine Learning platforms will require huge processing powers for PExpert Opinion
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