In this interview, Gabby Fredkin talks with Antoine Shagoury, Global CTO at Kyndryl, about the challenges and complexities associated with modernising technology stacks in the current environment.

There is a rapid acceleration of cloud adoption and a need for businesses to reevaluate their strategies.

Antoine emphasises the importance of moving from a lift-and-shift mentality to embracing cloud-native migrations and application redevelopment to fully leverage cloud services efficiently.

CFOs are increasingly engaged in understanding the financial impact of cloud initiatives, and real-time visibility into cloud costs is becoming crucial.

This shift in focus from merely reporting cloud utilisation to optimising cloud usage and creating business agility is transforming the role of CIOs and CEOs in driving business opportunities.

There are challenges measuring the intangible value of public cloud adoption, such as open modularity and agility.

While there is no one-size-fits-all approach, Antoine emphasises the need to create templates for evaluating the effectiveness and visibility of cloud adoption and its impact on business agility and efficiency.

 

Key Takeaways:

  • The challenge lies in striking the right balance in cloud enablement and modernisation, with a historical trend of overly aggressive cloud modernisation, including lift-and-shift methods that led to lingering complexity.
    There is now a pressing need for a re-evaluation and a shift towards re-engineering workloads to ensure efficient management in a remote and evolving environment.
  • There is a renewed focus on leveraging cloud-native services instead of solely developing custom interfaces and connectors, emphasising the importance of effectively consuming transient services in the cloud-native approach.
  • CFOs and CIOs are collaborating to optimise cloud usage, allowing CIOs to play a more strategic role in enabling business opportunities and driving agile business transformations.
Contributors
Gabby Fredkin Head of Analytics & Insights at ADAPT
Gabby’s primary role is managing analysis to produce ADAPT’s actionable insights. He has extensive experience in using data to identify technology trends... More

Gabby’s primary role is managing analysis to produce ADAPT’s actionable insights. He has extensive experience in using data to identify technology trends to support Australian organisations.​

Using modern data science techniques, he provides ADAPT and its customers with confidence in the accuracy and validity of the information used for ADAPT’s research, advisory and events.​

With a passion for creating stories with data, Gabby is consistently rated as one of the top speakers at ADAPT’s events. In roundtable discussions, he specialises in using statistics to initiate thought-provoking discussions. ​

Gabby is effective in translating information into insights, enabling ADAPT’s customers to become more data-driven.​

Gabby’s primary areas of expertise are:​

  • Advanced AI and ML practices, including AI ethics.​
  • Building models to benchmark and predict IT performance.​
  • End-user behaviour and human-centred design.​
  • Cross-functional team design and value, such as DevSecOps.​
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Antoine Shagoury CTO at Kyndryl, formerly CIO at State Street, LSE & NYSE
Antoine comes to Kyndryl as a venture partner at Ridge-Lane LP, a strategic advisory and venture development firm focused on solutions to... More

Antoine comes to Kyndryl as a venture partner at Ridge-Lane LP, a strategic advisory and venture development firm focused on solutions to grand challenges in education, sustainability, and information technology. 

Previously, he served as an Executive Vice President and global Chief Information Officer at State Street Corporation, where he served on State Street’s management committee and was responsible for managing enterprise-wide technology, transformation and modernization operations in 27 countries. Prior to joining State Street, Antoine was group Chief Operating Officer and CIO at the London Stock Exchange Group. He also served as CIO at the American Stock Exchange and New York Stock Exchange Alternext. 

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Modernisation