Title

AWS re:Invent 2023 - How NETGEAR, Techcombank & World Kinect Corp. transformed Oracle apps (ENT103)

Summary

• Everett Oliven, AWS ERP practice leader, moderated a panel discussion with representatives from NETGEAR, Techcombank, and World Kinect Corp.
• The panelists shared their experiences migrating Oracle applications to AWS, focusing on the initial challenges, decision-making process, deployment, and benefits realized.
• Thuan Huynh from Techcombank highlighted the importance of AWS's ecosystem and partner support in their decision to move to AWS.
• Mihir Shah from NETGEAR discussed their journey to AWS, emphasizing cost, security, and modernization as key factors.
• Michael from World Kinect Corp. shared their global consolidation efforts, moving from 22 data centers to AWS, and the benefits of hosting Oracle workloads on AWS.
• The panelists also discussed future plans, including leveraging AWS for modernization and innovation, such as serverless computing, advanced analytics, and generative AI.
• AWS offers various programs and tools to assist with migrations, including the Migration Assistance Program (MAP), Oracle licensing assessments (OLA), and well-architected reviews (WAR).

Insights

• Migration Complexity: Migrating Oracle applications to AWS is complex and involves not just a lift-and-shift but also an upgrade of the entire Oracle stack.
• Cost Management: Cost management is a critical aspect of cloud migration, and AWS provides tools and services to help optimize and reduce costs.
• Performance Improvements: Post-migration, companies have reported performance improvements and increased confidence in their systems.
• Training and Skill Development: Techcombank's investment in training over 6,000 employees on AWS underscores the importance of upskilling the workforce for cloud adoption.
• Modernization and Innovation: Moving Oracle applications to AWS is seen as a foundation for further modernization and innovation, with companies looking to leverage AWS services for advanced analytics, serverless computing, and AI.
• Partnership with AWS: AWS's commitment to partnering with companies throughout their migration journey, offering support, investment, and expertise, is a key factor in successful migrations.
• Strategic Decision Making: The decision to migrate to AWS is often driven by strategic business goals, such as improving speed to market, rather than purely technical considerations.
• Global Challenges: World Kinect Corp.'s experience with global operations and the need for redundancy and resiliency in different geographic locations highlights the unique challenges faced by multinational corporations.
• Licensing Considerations: Oracle licensing is a significant concern for companies migrating to the cloud, and AWS's Oracle Licensing Assessment service can help address these concerns.
• Future-Proofing: Companies are not only migrating their current systems but also considering how AWS can support future technologies and business needs.