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Navigating Cloud Migration: Crafting a Seamless Integration Strategy

Apr 24, 2024

Brief Summary: Selecting a suitable strategy is essential for migrating your business elements to a cloud infrastructure. Discover the cloud migration strategies and best practices for a seamless migration process.

In the present digital era, when businesses are increasingly driving growth with digital initiatives and P&C insurance digital transformation, migrating to cloud infrastructure has become unavoidable for an organization’s success. Gartner predicts that almost two-thirds (65.9%) of spending will be directed toward cloud technologies in 2025, up from 57.7% in 2022.

So, does this question come into your thoughts: How to prevent a cloud migration from being unsuccessful? This question, striking in your mind, is one of the first steps toward success since it indicates that you are willing to work on your cloud migration strategy and engage in detailed planning.

However, migrating to the cloud is not a cakewalk. Several organizations struggle to make cloud initiatives successful. This blog will explore the strategies for successful cloud migration, including multiple methodologies and best practices to make the process easier.

Why to Opt for Cloud Migration?

Businesses leveraging cloud migration can access on-demand resources, enabling them to scale processes up and down as required without any limitations. Additionally, this shift also provides improved accessibility, enhanced collaboration, and the potential for innovation through the usage of cloud-based functionalities.

Being successful in this migration process can offer enterprises cost efficiency, increased agility, and the capability to concentrate more on core value-adding tasks and objectives that will drive business growth.

The 6 R’s of Cloud Migration

Let’s now take a look at the seven primary strategies for migration to the cloud. However, it’s crucial to note that these strategies are not definitive. The ideal migration approach should align with the specific needs and requirements.

Re-architect/ Refactor

Entails rewriting the applications from scratch to make them cloud-native, which enhances their agility, performance, and scalability. This strategy involves porting the OS and database.

Replatform

Involves configurational changes to the applications without changing their core architecture to better suit the cloud environment. This approach is applied to update features like scale or automation without having to replace them, helping them run on managed platforms seamlessly.

Having said that, it is also important to review the project in intervals so that the requirement to completely refactor doesn’t arise.

Repurchase

Replaces the on-premise application with cloud-native software. It typically means moving to a new, cloud-native solution, usually a Software as a Service (SaaS) platform with the same capabilities. The upgraded cloud version offers cost-effectiveness with higher efficiency.

However, it sometimes involves a licensing change—you drop the existing on-premise license and take up a new cloud license agreement.

Rehost

Involves moving an organization’s data assets, applications, etc., from on-premises infrastructure to cloud infrastructure without adapting to the functionalities inherent to cloud services. It is one of the easiest and quickest cloud migration strategies that moves without code-level changes, thereby improving the performance and speed of the cloud at reduced costs.

Besides, rehosting can also be automated using migration tools like AWS Database Migration Service, etc.

Retain

Entails revisiting some crucial applications or some portions of them that need a significant amount of refactoring before migrating them to the cloud. Some applications may be more apt for on-premise arrangements or have been recently upgraded and are required to be retained, or few applications are retained due to latency requirements, compliance, or regulatory constraints, or it’s simply not cost-efficient.

This approach is generally used during large-scale migrations that take a long time.

Retire

Involves eliminating or downsizing applications no longer required for your organization. Although it sounds simple, deciding which applications to retire is a complicated and vital process.

A Strategic Roadmap for Migrating to Cloud

Wrapping Up

Migrating to the cloud is no longer a challenging process, but it can be better simplified with appropriate planning and strategizing. Selecting a reliable partner can help you execute a seamless cloud migration process, enabling you to meet the targeted objectives and accelerate P&C insurance digital transformation initiatives.

How can KMG help?

With 30+ years of experience in the insurtech industry, KMG’s comprehensive suite of cloud services empowers you to optimize, transform, and enhance your processes, making your cloud journey seamless and rewarding.

We understand that each business is unique and that one-size-fits-all approach is not correct. This is why our cloud services cater to a diverse range of requirements. Whether you are a start-up looking to establish a solid cloud foundation or an SMB looking to optimize your existing cloud infrastructure, we have the perfect solutions for you.

Get in touch with us and begin a cloud migration process seamlessly!

Let’s discuss your project. Connect with us.

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