Business Value of Cloud Modernization

Organizations are modernizing their cloud infrastructure and adopting services beyond basic compute and storage. Our research reveals four primary cloud modernization pathways utilized by organizations. Therefore, we define cloud modernization as moving from basic to modern cloud services via: (1) adopting Containers, (2) building Serverless applications, (3) modernizing with Managed Data, and (4) using Managed Analytics. This research study quantifies business value created by utilizing these pathways.

We benchmarked 22 unique KPIs to understand the value of using modern cloud services and we found that organizations reported:

▪ 28% revenue growth after adopting Containers
▪ 39% reduction in IT spend after adopting Serverless
▪ 13% faster time to resolve security incidents after adopting Managed Data
▪ 35% faster time to insights after adopting Managed Analytics
▪ 43% revenue growth after adopting all four pathways

In this paper we will examine each pathway and discuss the detailed list of KPI improvements.

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