Changing Your Cloud Strategy: A View from a Startup
Flybits CTO, Petar Kramaric, recently shared Flybits’ cloud journey on the MIT Horizon podcast. In this insightful episode, Petar delved into the challenges and lessons learned as Flybits evolved from a small startup to a growing enterprise.
The podcast explored Flybits’ cloud strategy evolution across three distinct phases:
- The Early Years: As a young company focused on data-intensive applications, Flybits initially opted for self-managed infrastructure. However, this approach quickly revealed the complexities of cloud maintenance and the limitations of this model for scaling.
- The Mid-Cloud Crisis: As Flybits expanded its customer base and global reach, the need for a more scalable and reliable infrastructure became apparent. The transition to a microservices architecture and the adoption of public cloud services marked a pivotal turning point.
- Maturing and Modernizing: Recognizing the importance of a well-defined cloud strategy, Flybits established the “Six Pillars of Cloud” framework to guide its cloud journey. This framework emphasizes operational excellence, reliability, security, performance, cost optimization, and observability.
Throughout the podcast, Petar emphasized the importance of adaptability and continuous learning in cloud strategy. He stressed the need to regularly assess and optimize cloud environments to align with evolving business needs.
Key takeaways from the podcast include the critical role of cloud strategy in business success, the challenges of cloud migration, and the importance of a data-driven approach to cloud optimization.
For more information on Petar’s presentation, please contact our team.
About Flybits:
Flybits revolutionizes how financial institutions deliver personalization. Their award-winning framework simplifies the connection between financial institutions, their data, and their customers. Flybits’ platform accelerates the delivery of critical use cases with minimal IT intervention, empowering digital teams to seamlessly deliver data-led insights across all channels. Supported by leading fintech investors including Point72 Ventures, Mastercard, Citi Ventures, TD Bank Group, and Information Venture Partners, Flybits has offices in New York, London, and Toronto.