Cloud Migration & Transformation

The company is advancing its digital transformation by moving its data and applications to the cloud. This shift is intended to increase scalability, agility, and cost-efficiency, thereby enhancing competitiveness and enabling more innovative services.

Amadeus is accelerating the migration of its solutions and applications to the public cloud, which provides benefits like better performance, lower latency, improved resilience, and the ability to scale more flexibly to meet customer demands.

Blackbaud is migrating customers from legacy private data centers to leading public cloud service providers like AWS and Azure. This cloud migration enables increased reliability, scalability, and operational efficiency.

Admiral has continued transitioning to the cloud, which enables them to better serve customers by using modern, feature-rich technology and reduces the cost and risk of launching new products. This increases agility and speed to market.

Standard Chartered is modernizing its technology infrastructure by migrating to the cloud and implementing new systems and platforms. This is aimed at improving resilience, scalability, and the ability to deliver innovative digital solutions to clients.

The company has a strategic plan to accelerate its cloud transformation journey. Alpha Financial Markets Consulting is migrating more of its data and services to the cloud to achieve greater scalability, operational resilience, and to foster innovation in its service delivery.

CURO is focused on completing the migration of its technology infrastructure to the cloud, which will improve scalability, reliability and efficiency of its operations.

Accenture is helping clients migrate to the cloud, modernize their cloud infrastructure, and leverage cloud-based platforms and services to drive digital transformation. This includes helping clients move to the cloud, optimize cloud operations, and build new cloud-native applications.

New Relic helps customers minimize cloud migration risk and accelerate migration timelines by providing visibility into systems, measuring efficacy, and optimizing costs before, during, and after migration. This is enabled through New Relic's strategic partnerships with cloud providers like AWS, Azure, and GTP.

The Gap is shifting its legacy enterprise resource planning (ERP) system to a cloud-based ERP system to improve system maintenance, upgrades, and changes. This cloud migration is expected to enhance the company's IT infrastructure and support its digital and omni-channel strategies.

Kuehne + Nagel is undertaking a cloud migration program that promises multiple advantages, including swift and consistent data exchange and a robust platform for AI applications to create innovative services for customers.

Barclays is migrating new applications to the cloud and containerizing them to improve stability, agility, and reliability of its technology platforms. This has led to a 78% reduction in technology outages and a 53% reduction in operational breaks.

SS&C is seeing increasing migration of its clients to the cloud to achieve operational scalability and lower fixed costs. The company is also leveraging technologies like robotic process automation to increase efficiency and reduce errors without human intervention.

Tele2 is undergoing a datacenter transformation and IT migration to a cloud-compatible and secure-by-design architecture that requires full sovereignty. This involves simplifying their IT landscape from over 6 different stacks down to 2 stacks, reducing incidents by over 40% and enabling faster time-to-market.

Atos provides end-to-end cloud services, from advisory and design to migration and ongoing cloud operations, to help clients modernize their IT infrastructure and move to the cloud.

Bank of Montreal's cloud migration is enabling faster releases of new tools and services, modernizing legacy wealth infrastructure and investing in industry-leading workflow tools in capital markets to increase efficiencies and deliver better customer experiences.

Capital One has migrated entirely to the cloud, leveraging platforms like Amazon Web Services (AWS) to support its complex marketing and account management strategies, customer servicing, and new product development.

In 2023, Quartix migrated all servers to cloud-based infrastructure, a move aimed at modernizing their technology stack and future-proofing the business. This transition, while increasing ongoing costs, is expected to provide long-term benefits.

R1 has completed a multi-year journey to centralize and standardize its core infrastructure and applications on the Microsoft Azure cloud. This has improved performance, scalability, resiliency and reliability, while also simplifying integration with customers and taking advantage of Azure's cybersecurity investments.

Following a successful migration to the Cloud, Schroders is consolidating external contractors and third-party resources into one development center. This consolidation is a strategy aimed at implementing a more effective resourcing model, which will help manage capacity across multi-year projects in a cost-effective way, anticipating the avoidance of future spend over the coming years.

Accor is migrating 52 data centers and service centers to 6 data centers, with over 50% of applications migrated to the cloud and 70% expected by the end of the year. This enables faster onboarding of hotels, faster deployment of solutions, and cost savings.

On the Beach Group has invested in their technology capabilities, notably including a migration to the cloud during the first half of the year to enable greater speed of developments and increased security. This migration is seen as a strategic investment to drive growth in the core business and enable expansion opportunities.

Citizens is targeting the exit of all of its data centers by 2025 as part of its technology transformation. It has made significant progress in migrating applications to the cloud and rationalizing/retiring applications.

More than 90% of E.ON's applications have been migrated to the cloud. This shift not only improves stability and security but also serves as a foundation for new digital services that support the energy transition.

Southwest Airlines is in the process of shifting its systems to the cloud to improve reliability and resiliency, with a goal of shifting a significant portion of its systems to the cloud. This migration is expected to provide cost savings as well as operational benefits.

Thomson Reuters has completed a major technology transformation program to shift to the cloud and modernize its tech stack, which has prepared the company to better leverage emerging technologies like generative AI.

Amadeus is continuing its journey to migrate its systems and infrastructure to the public cloud, which is expected to bring cost savings and operational efficiencies. The company is also investing in digital transformation initiatives to empower its frontline workers and enhance its data and analytics capabilities.

The bank is planning to migrate the first modules of its core banking system to the public cloud in 2023. Additionally, the bank is implementing a new operational CRM system for its SME, mid-market, and corporate segments.

Deutsche Bank is migrating a large number of applications to the Public Cloud through a strategic partnership with Google Cloud to improve IT resiliency, respond more quickly to client needs, and have more flexibility.

Expedia is in the process of migrating its products, data storage, and functionality to public cloud computing services like Amazon Web Services (AWS) to enable faster innovation, better search engine optimization, and improved transaction processing capabilities.

There is a concerted effort to modernize the South African retail platform and migrate both the Old Mutual Insure and Africa regions' platforms to the cloud. In addition, Old Mutual aims to streamline digital assets across the group and modernize the Old Mutual Insure IT estate.

RS Group has completed the migration of its operating systems to the cloud, reducing application and process complexity and improving agility and scalability to support its growth plans.

Wipro is helping clients migrate to the cloud and modernize their IT infrastructure. This includes cloud migration, cloud-based application development, and cloud-native solutions to improve scalability, efficiency, and cost savings.

Equifax's technology transformation strategy to migrate to cloud-based platforms places significant strain on its management, personnel, operations, systems, technical performance, financial resources, internal financial controls and reporting function. This transition could lead to operational disruptions, loss of continuity, loss of accumulated knowledge or loss of efficiency during the transitional periods.

WEX accomplished its cloud migration goal with the full migration of the Benefits segment in the third quarter of 2023. All of its core technology is now cloud-based and it reduced its data centers from 33 to 7 by the end of 2023 to reduce dependency on physical data centers.

Booking Holdings is modernizing its technology by building new applications with modern development tools and APIs, and increasingly relying on public cloud infrastructure to support its scalable, high-performance, and secure systems.

Virgin Money's digitisation activity and migration to a cloud-based operating environment continues to make progress using the Microsoft Azure platform, with applications being assessed and reviewed ahead of migration to the cloud and some being retired to simplify the digital estate.

HCA Healthcare is migrating its core clinical system to a cloud-based, interoperable platform with Meditech Expanse. This will enable the company to more effectively leverage its vast troves of clinical, financial, and patient data by unifying it in the cloud. This will power advanced analytics and artificial intelligence capabilities to drive operational efficiencies and improved patient outcomes.

The company's digital transformation plan focuses on moving clients to cloud infrastructures for technology and economic benefits while maintaining resilient business models.

Equifax is executing a cloud data and technology transformation that is rebuilding its technology infrastructure, including a migration to a public cloud environment that employs virtual private cloud deployment techniques. This is enabling the continued development of a single data fabric, a cloud native platform that enables Equifax to build, manage and deploy data products, as well as implementation of best-in-class cloud-based tools and capabilities.

Qantas has completed the transition of its IT applications to the cloud, exiting residual IT applications post the cloud migration. This is part of Qantas' ongoing digital transformation efforts.

TD is securely migrating most Canadian personal banking customer data to the cloud by the end of 2023, unlocking a wealth of customer insights and enabling faster access to trusted data and better tooling using best-in-class platforms.

WEX accomplished its cloud migration goal with the full migration of the Benefits segment in the third quarter of 2023. All of WEX's core technology is now cloud-based and the company is reducing its dependency on physical data centers, consolidating from 33 data centers in 2019 to 7 by the end of 2023.

Wickes has moved all of its key IT systems to the cloud and is now focused on adopting more Software-as-a-Service (SaaS) solutions. This is expected to result in 50-75% of future IT investments being expensed rather than capitalized, with the goal of increasing agility and flexibility.

National Australia Bank is focused on building resilience and ensuring always-on services by migrating 83% of its applications to the cloud by FY24, reducing critical and high incidents by 17% YoY, and decreasing the time to contain cyber threats by over 50% since FY19.

Spirit Airlines has continued its Azure Cloud migration of data and applications in 2021. This is part of the company's technology modernization and digital transformation efforts to enhance its operations.

The Hartford is moving approximately 100 applications to the cloud in 2023 as part of its efforts to modernize its technology infrastructure and enable greater agility, scalability and cost efficiencies.

NatWest Group made considerable investments in 2023 to further simplify, upgrade and improve its IT and technology capabilities, including migrating certain services to cloud platforms. This is part of the bank's efforts to enhance digital services, improve resilience, and drive cost efficiencies.

Takeda has migrated 96% of all its data to the Cloud and anticipates complete migration of all apps and data by the close of FY2024. This cloud migration allows Takeda to leverage its data more fully across the organization.

Accenture aims to help its clients accelerate their digital transformation by migrating them to the cloud, leveraging data and AI, and embedding security across the enterprise. Key metrics include percentage of enterprise workloads in the cloud, percentage of cloud workloads that are modernized, and growth in cloud, data, and AI services revenue.

HCL Technologies is helping clients accelerate their cloud transformation and enhance their cybersecurity posture. This includes implementing hybrid cloud foundations, modernizing IT infrastructure, and leveraging AI/ML-led automation to deliver improved operational efficiency and user experience.

The company is focusing on integrating its services with cloud technology to improve scalability and efficiency of its operations. They plan to move more of their data and applications to a hybrid cloud environment.

Accenture is focused on driving very strong double-digit growth in cloud services, helping clients migrate to the cloud and modernize their cloud infrastructure to build a strong digital core that enables greater agility, efficiency and innovation.

Guidewire will focus on accelerating the migration of its existing on-premise customers to its cloud-based platform. This will involve working closely with customers on long-term planning and providing the necessary support to facilitate a smooth transition. Key metrics could include the number of customers migrated to the cloud, the growth in cloud-based ARR, and the reduction in on-premise license revenue.

OpenText aims to accelerate its customers' cloud transformation by expanding its cloud-based offerings, enhancing the user experience, and providing seamless migration pathways from on-premises to cloud-based solutions. This strategic priority focuses on driving cloud adoption and delivering the benefits of the cloud to its customer base.

UBS has moved 65% of its computing power to the cloud, enabling greater scalability, flexibility, and cost optimization, as part of its efforts to make technology a differentiator and drive innovation.

Worldline is pushing further the automation of its transactional activities and accelerating the move to cloud computing. This initiative is a part of their technology domain strategy aiming to streamline platforms, promote DevOps adoption, and enhance development productivity.

Discover is investing in technology to improve its on-premise servers and move to a hybrid and cloud environment. This is a significant area of spend as the company looks to reduce manual touches to data and improve the resiliency and robustness of its core systems.

Equifax aims to complete the migration of its U.S. and Canadian consumer credit exchanges to the cloud by the end of 2024, which will enable the shutdown of significant legacy systems. This will result in continued margin expansion and reductions in capital intensity, allowing the team to fully focus on growth and innovation.

GB Group is embracing cloud technology to enhance scalability and performance of their services. They plan to migrate more services to the cloud to benefit from the flexibility, security, and efficiency that cloud solutions provide.

IDOX is cementing its strategic priority on transitioning on-premise legacy platforms to its latest cloud provisioned services, facilitating quicker and more cost-effective transitions for onboarding customers. This initiative is aimed at creating efficiencies and enhancing customer experiences for legacy clients as well as attracting new customers to IDOX's cloud-based solutions.

DE is expanding its adopt of cloud technologies to enhance scalability and cost-efficiency across its operations.

The company is investing in cloud capabilities for scalability and security. It includes the adoption of services like AWS, Amazon Connect, and Salesforce to increase efficiency and reduce costs, while reskilling and repurposing the digital function to focus on strategic projects.

NICE is transitioning its solutions to cloud-native, open platforms that leverage analytics and AI. This allows for greater scalability, elasticity, and integration across its customer base of organizations of all sizes.

As OpenText shifts its business model towards cloud-based solutions, the company faces risks related to the pace of customer adoption, pricing pressures, and the ability to maintain margins. Effectively managing this transition while meeting customer expectations is crucial for OpenText's long-term competitiveness.

Telenor is accelerating its cloud strategy, boosting the share of SaaS-based applications to 70% in 2024. It is also doubling the cloud native workloads in 2024 to gain better flexibility, scalability and simplicity.

TransUnion is implementing a multi-year transformation program to optimize its operating model by expanding its Global Capability Center network, driving further work centralization, standardization and automation, and modernizing its technology capabilities by completing its cloud migration and consolidating onto a common solutions enablement platform.

Guidewire is working to accelerate the migration of its existing on-premise customer base to its cloud platform, Guidewire Cloud Platform (GWCP). It is partnering closely with customers and system integrators to plan and execute these migrations.

MongoDB remains focused on locking the relational migration opportunity. The company's current relational migrator offering is designed to automate large parts of the schema transformation and data migration process, but rewriting application code is the most time-consuming part. MongoDB plans to invest further to make it easier for customers to migrate applications from relational databases to its platform.

The company has migrated servers to cloud-based solutions, increasing ongoing costs compared to depreciation of physical servers. Additionally, there is a focus on improving the modem hardware in new units, which, while necessary, could impact margins if costs are not controlled effectively.

Sabre is undertaking a major technology transformation to modernize its architecture, drive efficiency and quality in development, lower recurring technology costs, further enhance the stability and security of its network, and complete its shift to service-enabled and cloud-based solutions. This includes migrating 90% of its compute to the public cloud, exiting its Tulsa midrange data center, and completing 85% of its mainframe offload for GDS functionality.

Saga is undertaking a technology transformation, including migrating to new systems, enhancing cyber security, and improving operational resilience, to support its digital and data-driven initiatives.

Aflac is investing in technology and digital capabilities to continuously enhance the customer experience and increase operational efficiencies. However, this increased cloud adoption and IT transformation also exposes the company to potential cyber-related attacks that could disrupt operations or impact data confidentiality, integrity and availability.

Computacenter assists customers in sourcing, transforming, and managing technology infrastructure to drive digital transformation initiatives, enabling improved performance for their organizations and people.

Informatica is transitioning to a cloud-only, consumption-driven strategy to drive profitable growth, simplify the organization, create operational efficiencies and synergies, and improve agility and speed of execution.

The company is focusing on integrating its various systems and processes into a unified cloud platform to improve scalability and performance across its operations.

MongoDB is investing in making it easier for customers to migrate from legacy relational databases to MongoDB, including launching tools like Relational Migrator and Query Converter that use generative AI to automate the migration process. This is a key long-term growth opportunity for MongoDB as it helps customers modernize their applications.

Netcall’s transition to a digital cloud business indicates a strategic pivot that carries inherent risks related to system migrations, customer adaptation, and competitive pressures in the cloud-computing space.

TransUnion is executing a multi-year transformation plan to optimize its operating model and continue to advance its technology. This includes expanding its Global Capability Center network, driving further work centralization, standardization and automation, as well as completing its cloud migration and consolidating onto a common solutions enablement platform.

Maximize global platforms to be as common as possible and as distinct as necessary; right-shore operations to capitalize on scale; rationalize real estate and build new ways of working; and modernize technology to enhance the digital experience.

Atos offers digital transformation acceleration services to help clients scale their businesses for the future, including cloud migration, smart platforms, and sustainability solutions.

The Group has received approval from the Joint Supervisory Team to implement CRM Dynamics on the cloud, as part of its cloud adoption strategy to support innovation, time-to-market, and efficiency.

The Group is focused on digitally transforming customer service and internal operations to shift to a more customer-centric operating model, redefine distribution channels, and improve employee engagement. This includes investments in skills and technology to minimize system downtimes and security risks, modernize legacy applications, and implement new innovative applications to support business requirements.

Leverage partnerships with hyperscalers like AWS, Microsoft, and Salesforce to accelerate digital, data, and technology transformation. This includes deploying generative AI solutions, modernizing internal systems, and enabling more efficient and effective service delivery.

Centrica is migrating customers from legacy systems to a modern, SaaS-based platform to build a simplified, digital-first customer experience. This is enabling better customer service delivery and reducing cost per customer.

Citizens Bank is targeting the exit of all its data centers by 2025 and a program to converge its core deposit system onto a cloud-based modern banking platform. This multi-year digital transformation journey is part of the bank's efforts to modernize its technology and operational models to improve delivery, organizational agility and speed to market.

Target cloud modernization efforts and end-to-end observability opportunities for customers looking to reduce tool sprawl and gain actionable insights to resolve incidents faster and prevent them from happening in the first place. Continue to drive application performance engagements as a land and expand motion.

Idox is investing in the simplification of data migration, easing the transition from on-premise legacy platforms to modern cloud-provisioned services. They are focused on providing cost-effective transitions for both existing legacy platform users and new customers.

The company's Cloud Solutions portfolio includes products such as "Compute Engine" for cloud computing applications, storage and backup, network services, managed services, databases, and private cloud infrastructure solutions, all supporting the growing need for businesses to migrate operations to the cloud as part of their digital transformation strategies.

MongoDB launched Relational Migrator, a product that simplifies the process of migrating workloads off relational databases. This helps accelerate customer confidence in replatforming applications off legacy relational databases and onto MongoDB.

The company might be focusing on expanding their cloud infrastructure to support scalability, resilience, and facilitate remote working environments, ensuring business continuity and data security.

United is undertaking initiatives to modernize its mainframe computing by moving to the cloud, optimize its technology vendor costs, and drive efficiencies across its technology organization to support the airline's operations.

Converge's serverless multi-cloud microservices architecture allows it to adapt to any scale of processing power needed to address visit volumes. Clients can quickly implement unique experiences and embed workflows in their own branded solutions with low-code/no-code development.

DXC's transformation journey concentrates on developing stronger customer relationships, valuing their colleagues, and extracting value across their six offerings, to transition the company from stability to sustained financial improvement.

HCL Technologies aims to accelerate its digital transformation services, focusing on areas like cloud migration, data management, and AI-powered solutions. The company plans to leverage its comprehensive portfolio of IT and engineering services to deliver innovative, end-to-end solutions that help clients modernize their technology infrastructure and drive business growth.

Informatica is completing its pivot to a cloud-only strategy by prioritizing cloud-only organic growth and continuing investment in innovation for its cloud-based IDMC platform, while reducing its emphasis on self-managed solutions. The company believes this will allow it to simplify the organization, create operational efficiencies, and improve its speed of execution. Key metrics include percentage of revenue from cloud, cloud subscription ARR growth, and operational efficiency improvements.

LegalZoom's technology platform resides on a combination of on-premises infrastructure and public cloud-based platforms, enabling high scalability to accommodate increasing customer order volumes.

New Relic plans to accelerate the migration of its remaining subscription customers to its consumption-based model over the next 4-6 quarters. This will unlock growth potential with customers and simplify the business model, reducing costs to operate. The company expects this transition to be completed by the end of fiscal year 2024.

UniCredit is accelerating Phase 2 of its digital transformation, aiming to shift from on-premises infrastructure to the cloud, thus promoting regional consistency in data and application hosting. The use of artificial intelligence is emphasized for enhancing client engagement across banking services.