Operations: Getting Ready for the Cloud

Bear in mind these operational considerations as your firm plans and prepares for the shift to cloud-based solutions.

Firms are shifting to the cloud because of its flexibility, security, scalability, cost optimization, and resourcing.
To assess cloud readiness, it is important to evaluate ten key aspects: current infrastructure and technical gaps, technology strategy, master data management, security and information governance, operational deliveries, desired improvements, operational data elements, process and information flow, personnel and resourcing needs, and ability and timing.
Prepare for cloud adoption by evaluating assets, dependencies, and goals. Establish a strategy, consider costs and security, and define technology's purpose.