CLOUD MIGRATION STRATEGIES FOR FINANCIAL SERVICES

INTERNATIONAL JOURNAL OF INNOVATIVE RESEARCH AND CREATIVE TECHNOLOGY, 2021

Cloud migration has become a critical strategy for organizations seeking to optimize their IT infrastructure, enhance scalability, and reduce operational costs. However, transitioning to the cloud can be a complex and resource-intensive process, requiring careful planning and strategic alignment with business goals. This paper explores the practical application of the Cloud Adoption Framework (CAF) in developing effective cloud migration roadmaps. The CAF provides a structured methodology that guides organizations through the phases of migration, from assessment and planning to execution and optimization. By leveraging the CAF, organizations can create tailored roadmaps that ensure seamless cloud adoption while aligning with core business objectives such as cost efficiency, innovation, and performance improvement. This research examines the key phases of cloud migration, including workload assessment, risk management, and post-migration optimization, and highlights the importance of aligning cloud strategies with organizational goals. It also explores critical factors such as governance, compliance, and security considerations, ensuring that the migration process adheres to regulatory standards and mitigates potential risks. Through real-world case studies and best practices, the paper demonstrates how organizations can overcome common challenges associated with cloud migration, such as vendor lock-in, integration complexities, and data security concerns. Ultimately, this research provides a comprehensive roadmap for organizations to navigate their cloud adoption journey, ensuring a smooth, cost-effective, and secure transition to the cloud while maximizing long-term business value. By integrating the CAF with practical migration strategies, organizations can achieve successful cloud transformation and position themselves for future growth in the digital era.

2018 UBT International Conference, 2018

Companies are addressing the Cloud Computing issue more actively recently, as a part of a move towards a more agile and flexible IT infrastructure since benefitting from an IT infrastructure that is flexible, scalable, high-performance and up-to-date is no longer a luxury or the exception to a rule. The issue they address is "Which is the best strategy?" Of course, this is not a simple issue given that the cloud can impact an organization's application picture across several dimensions. When an organizations made the decision to consider cloud services for its application or infrastructure deployment, it's important to understand the fundamental differences between the core categories of cloud services available since IT leaders and enterprise architects should prepare an overarching cloud strategy. The cloud is a very broad concept covering different types of online services, but when referring to cloud procurement, usually there are three models to be taken into the consideration, such as Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). Another thing that needs to be addressed is choosing the provider of the cloud platform as service. To do that the organization needs to anticipate the storage, apps they use, performances they need, price, flexibility, etc. Through this review study research we're going to present shortly SaaS and PaaS as cloud service models and will describe in more details a possible migration IaaS strategy.

2013

While cloud computing has certainly gained attention, the potential for increased uptake of the technology is still large. As a consequence, how to move and migrate to the cloud is an unanswered question for many organisations. Gaining an understanding of cloud migration processes from on-premise architectures is our aim here. For this purpose, we look at three provider-driven case studies based on the common three layers of cloud computing: Infrastructure (IaaS), platform (PaaS) and software (SaaS) as a service. These shall be complemented by a fourth, independent systems integration perspective. We extract common migration process activities for the layer-specific processes and discuss commonalities, differences and open issues. The results presented are based on expert interviews and focus groups held with major international cloud solution providers and independent consultants.

International Journal of Computer Trends and Technology, 2022

Corporate Cloud transformation is expected to continue to grow double-digit each of the next few years. This growth is augmented by digital transformation, which itself is gaining huge momentum due to the recent consumer behaviour trends and especially the COVID pandemic. It is also estimated that globally billions of dollars are wasted due to efficiencies in the way cloud migrations are launched and handled. This paper discusses a framework using which organizations can successfully execute cloud transformation.

2015

This paper presents a novel framework for organisations to carry out a structured feasibility study on Cloud migration and to decide Cloud Migration Strategy. Following the framework helps an organisation to decide whether Cloud migration is a feasible option for them, and if so, the best strategic approach towards Cloud migration. It is a crucial and sensitive part for any organisation to decide whether they should move to Cloud Computing platform. The decision requires strategic approach with proper feasibility study. Several technological, human, security and financial factors are involved in decision making process to move to the Cloud. The proposed framework helps an organisation to carry out a feasibility study to decide whether to move to the Cloud, and if so, what would be the best approach towards Cloud migration. The proposed framework addresses the factors that an organisation must explore to decide on Cloud migration. Cloud Computing has its own pros and cons. A whimsical decision to move to the Cloud may be disastrous for an organisation. Following the proposed framework will help organisations to carry out a structured and integrated feasibility study deal with the decision on Cloud migration. CCS Concepts • Information systems➝Information Systems Applications➝ Computing Platforms • Security and Privacy➝Human and societal aspects of security and privacy.

IJSRCSEIT, 2025

Cloud migration represents a pivotal transformation in modern IT infrastructure, enabling organizations to harness the power of scalable, cost-effective, and resilient computing solutions. The integration of cloud technologies encompasses multifaceted aspects including fault tolerance mechanisms, high availability architectures, comprehensive security frameworks, sophisticated performance optimization strategies, and efficient resource management protocols. Organizations adopting cloud platforms experience enhanced operational capabilities through the implementation of microservices architecture, distributed systems design, and automated deployment frameworks. The deployment of robust security measures, including state-of-the-art encryption methodologies, advanced identity management systems, and granular access control mechanisms, ensures comprehensive data protection across hybrid and multi-cloud environments. Performance optimization achieved through detailed workload analysis, continuous monitoring, and intelligent scaling mechanisms enables businesses to maintain superior service levels while optimizing operational costs.

Enfoque UTE

Cloud computing services are nowadays advertised as an emerging business model. Moreover, these services bring innovative solutions in a more sophisticated competitive market. But, the decision for their adoption could be significantly reduced due to organizations’ concerns related to security, privacy, and trust. The challenge involves such questions as where to start, which provider should the company choose or whether it is even worthwhile. Thus, this paper proposes an improved unified framework, based on a previous study where a 6 step process framework was introduced. This improved framework add one new step for security and control after the migration process. At the end, a 7 processes framework is proposed aimed to fulfill organizations’ concerns when decide to adopt cloud computing services with a follow-up step. This additional step intends to help IT directors to make sure everything is working properly in a methodological way, in order to achieve a successful cloud comput...

Scientific & Academic Publishing, 2019

A real IT revolution, cloud computing offers businesses the opportunity to save money and simplify their IT infrastructure, while increasing productivity. The migration to the cloud remains complex; we must choose an efficient and secure solution adapted to the business strategy. This paper gives and overview on Cloud Computing and its various compositions. The paper also describes the advantages and disadvantages of migration to cloud and discusses the security challenges and risks of Cloud. Finally, the paper presents solutions to reduce risks and How to reduce risks and to develop security in Cloud.

Implementing Cloud Information Systems: SaaS Migration, 2014

In today's competitive business environment, Information Systems are not a luxury; rather they are vital for survival. High costs of licensing, implementation issues, and missed opportunities in legacy systems led to the development of a new generation of Information System platforms called "Cloud" domain. However, Cloud, if not understood properly by managers, has many shortcomings. Moving toward Cloud is not the goal and even competitive advantage may suffer. Managers and change agents should undertake deep study over Cloud Information Systems and Software as a Service (SaaS) before deciding to move toward migration. In this chapter, the main elements and features in which CEOs and IT managers should consider in evaluating the SaaS migration option are provided, and enterprises may be acquainted with the concept, goals, and theoretical foundations of SaaS as a main Cloud-based service in the business environment.

Higher education institutions could introduce enormous cloud-based educational services that satisfy their stakeholders' IT needs. Migration to these pools of cloud services is multiple decision-making processes that are impacted by different organizational and technological obstacles and drivers. Investigating the preparedness of the internal technological and organizational capabilities of a university still lacks investigation particularly in Saudi Arabia. In this study, the practicality of a research instrument called Cloud Migration Readiness Assessment (CMRA) is assessed by using three case studies. The development of the instrument was published earlier. In this study, the validation of the instrument outputs is investigated by assessing the readiness of the three cases that already have planned to adopt the cloud computing services. Subsequently, the practicality and usefulness of the CMRA were assessed using a questionnaire and interviews with IT specialists in the three selected cases. The main contribution of this study is the validation and evaluation of the CMRA tool in real-world context using three different case studies in Saudi Universities.