Potential pitfalls of cloud migration, and how to overcome them

Migrating legacy apps to the cloud is as complex as ‘a heart transplant’ Banks undoubtedly face challenges when transitioning to the cloud, including monolithic applications, a lack of resources, and legacy processes and workflows. Many also lack a clearly defined strategy shaped by business objectives, says Chinmoy Banerjee, corporate vice president and global head of banking at consulting firm Hexaware Technologies, on this episode of “The Buzz” podcast. That can lead to problems like “cloud sprawl,” which happens when banks do not have a clear understanding of the scope of the cloud environment, as well as overspending in the cloud, he adds. “All of these are challenges that banks have to consider, technology and otherwise, from a change perspective when they're looking at moving to [the] cloud,” Banerjee says. “The good news is that none of these challenges are without solutions.” Banerjee offers advice to banks on avoiding these pitfalls: Realize that not all applications are fit for the cloud, start small and take simple steps. “If you fail to plan, you know, you're planning to fail,” Banerjee tells BAN. “Migrating legacy applications to cloud is in many ways at least as complex and difficult as a heart transplant so planning very well would be key to implementing some of these challenges.” Listen to this episode of “The Buzz” to hear Banerjee share tips on staffing for the cloud and learn why moving to the cloud can ultimately support automating processes.