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Cloud learning lessons from the Capital One textbook

Companies that migrate to the cloud run the danger of neglecting a crucial element of the digital transformation people.

Brief:

According to a recent Pluralsight survey, three-quarters of businesses are developing new cloud capabilities and relying on cloud-based solutions by default for their IT requirements.

According to a poll of 1,000 tech leaders and technologists conducted by the workforce development organisation in the technology industry, 3 out of 5 respondents indicated they immediately integrate the newest cloud features.

Even while there is a lot of enthusiasm for the cloud and a desire to incorporate new capabilities, many businesses are ignoring a crucial aspect of modernization: skills. Only 8% of those surveyed claimed to have substantial expertise using cloud tools, while over two-thirds acknowledged that they were new to the cloud and need training.

Insight:

The tactical advantages of cloud computing are obvious: eliminating outdated data centres, gaining access to enormous computational capacity, improving ERM tools, and implementing stylish “as a Service” applications.

For many businesses, modernization’s strategic promise and return on investment remain elusive.

Rather than corporate culture, technology has been the main focus. Firment declared that “this is a paradigm change for both individuals and organisations.” “A change of thinking.”

Firment worked with Capital One for approximately 20 years as a technologist and held the position of director of cloud engineering from 2015 to 2017. Capital One relocated eight data centres in just two years, wrapping up the majority of its digital transition in 2020.

Persistence, dedication, and resources are required for success. Budgetary restrictions were listed by respondents as the biggest barrier to cloud fluency, followed closely by a lack of time budget and a preference for hiring over upskilling.

“You have to start by investing in your employees in a programmed and strategic approach if you want to exploit the power of cloud computing,” Firment stated.

Additionally, you must be prepared to take a long view.

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