Why building and scaling a cloud modernization strategy is important to your organization’s bottom line

According to a survey conducted by Mongo DB, “only 28% of technology teams’ time is spent working on defining and building new features and applications, compared to a whopping 72% of time managing infrastructure and completing administrative tasks and projects.”

In order to allow developers more time to be innovative and come up with new ideas, and spend less time on operational and administrative tasks, building a cloud modernization strategy is key to your organization’s success. The lack of innovation development time can lead to long release cycles for new features, lost revenue due to missed opportunities, operational inefficiencies, lost productivity and inability to support changing compliance regulations. With more time dedicated to innovation and quicker technology deployment, organizations can generate more customer value and increase customer trust.

Success can look different for every organization, but typically when developing a modernization strategy, organizations realize the following benefits:

• Ability to stand up infrastructure on demand and deploy quickly
• Automation of software via continuous delivery pipelines
• Implementation of security best practices integrated into every application and service
• Applications are fully instrumented for metric and log collection
• Standardization of tools and best practices

The pillars of modernization and building a strategy

Successful modern digital businesses tend to have the following characteristics:

• They are customer obsessed
• They are organized for value and laser focused on delivering value for their customers
• They have a test and learn culture- they test hypotheses and make improvements in their customer’s environment
• Technology is at the business’s core- leadership understands the technology and what it’s capable of achieving for customers and for their organization
• A strategic use of data- they use metrics to make business and technology decisions and use data from various applications to generate additional value for customers and their organization