Unlocking Business Value through Cloud Migration: ROI, Agility, and Innovation
DOI:
https://doi.org/10.15680/IJCTECE.2024.0704002Keywords:
Cloud Migration, ROI, Agility, Digital Transformation, Innovation, Cloud Computing, Cost Optimization, IT Strategy, Business Value, ScalabilityAbstract
Cloud migration has become a strategic imperative for organizations seeking competitive advantage in a rapidly evolving digital landscape. The business case for cloud adoption is driven primarily by the promise of enhanced return on investment (ROI), operational agility, and accelerated innovation. This paper explores these core drivers and provides a critical evaluation of the financial and strategic benefits associated with cloud migration. Drawing upon a robust body of literature, case studies, and empirical findings, the study presents insights into how organizations can justify the transition to cloud computing. The paper also highlights methodologies for evaluating ROI, and demonstrates how agility and innovation outcomes are realized in practice. Through a comparative analysis of pre- and post-migration metrics, the research outlines actionable strategies for businesses considering or undergoing digital transformation through cloud adoption.
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