As companies increasingly migrate to the cloud, they are looking for more than simple cost savings. What was once the main reason for cloud migrations – moving away from heavy Capex investments in hardware and infrastructure, toward more predictable and flexible Opex, is only the beginning. To take full advantage of the cloud and benefit from all that it offers and glean competitive advantages including real innovation and enhanced speed to market, organizations need to truly go beyond just “lift and shift.” However, they may not know how to get there, and determine a roadmap, tech stack, best practices, methodologies, etc. In this presentation, we will address the different approaches of cloud migration, and describe how organizations can migrate to the cloud in a way that not only minimizes their costs but as importantly achieves new capabilities and other benefits. This presentation will address the business drivers and expectations that are now leading the way for cloud migrations, as well as how and why to formulate different cloud strategies such as rehosting, replatforming, and refactoring. Other topics will be covered such as whether to migrate or decompose monolithic applications, and how to choose from a variety of cloud tools, technologies, and platforms.