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What is Cloud Migration?

Cloud migration is the process of moving your data, applications, and workloads from on-premise systems to the cloud. For banks or insurers, cloud migration enables faster innovation, improved compliance, and lower IT costs. It’s not just a lift-and-shift—it’s a strategic move to enhance security, resilience, and scalability. For instance, a financial services firm may migrate its core banking system to the cloud to enable 24/7 digital access and real-time analytics. The journey can involve hybrid or multi-cloud models, depending on business needs and regulatory requirements.
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