Cloud Migration in Crisis: How COVID-19 Forced a Decade of Transformation in 12 Months
In March 2020, most banks had cloud migration plans measured in years. By June 2020, those plans were measured in weeks. The pandemic did not create the need for cloud migration — it removed the organisational resistance that had been blocking it for a decade. We helped three tier-one banks accelerate their cloud migration timelines by 18-24 months during the first wave of lockdowns. The technical challenges were manageable. The organisational and compliance challenges were not. Here is what we learned about crisis-driven cloud migration in regulated environments. ...