The pace of technology innovation is driving organizations, large and small, to continually seek ways to stay ahead of the competition and remain agile. One key transformation reshaping technology across the globe is the migration of workloads to the public cloud. Many individuals perceive cloud adoption will reduce costs compared to managing infrastructure in a data center. However, if this is the sole reason for adopting public cloud the broader benefits of innovation may be overlooked.
The migration of traditional IT workloads – including compute, storage, backup, and recovery – to the cloud still plays a fundamental role in cloud adoption. These are foundational use cases that enable our clients to embrace the cloud and initially provide TCO benefits which will lead to ROI opportunities by modernizing with cloud native services.
The true essence of this cloud transition lies in the value it brings to businesses. To understand why companies are increasingly shifting their workloads to the cloud, it’s crucial to recognize that, much like gears in a machine, the cloud amplifies the efficiency and capabilities of an IT organization’s operations.
Once a client has a cloud deployment, whether it is a full migration or individual workload, they can use the Converge multi-practice approach to drive true cloud value through business innovation.
Accelerating Time to Market
Time is of the essence in today’s competitive business landscape. When a client’s business needs to implement chatbots to service support requests or test out a quantum computing research model, the cloud becomes a powerful ally. Cloud provides businesses with the agility to rapidly deploy and scale the necessary infrastructure and tools. This agility significantly reduces the time it takes to bring data-driven insights to the forefront. These use cases may be short trials to validate the business impact with minimal investments.
Enhancing Processing with AI
The cloud’s transformative power extends to seamlessly integrating artificial intelligence (AI) into document processing workflows. Consider a scenario where a client aims to enhance their business operations to serve a broader clientele. In the current process, client documents are received, and manually sorted, and missing information is requested back from the client, which can lead to several days before data is fed into the application to process a loan. This entire workflow can be streamlined using Amazon’s robust AWS Textract solution. Textract performs optical character recognition (OCR), handles proper formatting, and interacts to retrieve missing data. Furthermore, a tool like Bedrock can summarize the information and employ chatbots for data input. The documents are then routed to downstream applications, resulting in a more efficient and automated workflow for loan processing.
Beyond Cost Savings: The Value Proposition of Cloud
The cloud’s power goes beyond mere cost savings. It empowers businesses to thrive in the modern world by unlocking new possibilities, accelerating projects, and harnessing the potential of Generative AI. Embracing the cloud is not just a strategic decision, it is a journey towards innovation and competitiveness in a dynamic marketplace.
