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10 April, 2024 — Mantel Group has been awarded the AWS Consulting Partner of the Year for ANZ for a third time, while flagging a surge in cloud uptake by financial institutions over the next three years.

Reflecting on the award, Andre Morgan, Mantel Group’s Partner AWS, says: “This is testament to the impact and outcomes our clients such as nib and humm group are achieving utilising AWS’ suite of technology services in new and innovative ways to address their customers’ needs”.

Last year, Mantel Group became the first Australian-headquartered company to achieve the much lauded AWS Microsoft Workloads Competency recognising its expert capabilities in migration, modernisation and operations. It has since upped the ante securing nine competencies, seven partner programs, five service validations, and over 420 AWS certifications.

Morgan says organisations in Australia and New Zealand rate well globally in terms of using cloud adoption to innovate.

“About 20-30% of potential workloads have been migrated to public clouds, which is a healthy number, but shows there is a lot of track left to run in this race, there is ample opportunity for businesses to benefit,” he says.

Morgan expects a surge in the uptake of cloud by financial institutions over the next three years.

“These heavily regulated institutions have been understandably and appropriately cautious about rushing to move core computing systems into the cloud given the sensitive nature of the data they handle and the risk potential. But they are starting to embrace it, they’ve figured out how to manage the risk and adopt cloud in a measured way, and are moving through the process of doing that,” he says.

Morgan points to front-runners like humm group, which used cloud adoption to rationalise its product offering from 27 to six while expanding into new global markets and simplifying its operations.

“Through modernisation of our key digital and infrastructure we are now able to remove roadblocks and provide tools that enable our people to move faster, experiment and bring new ideas to market at speed and lower cost. Our partnership with Mantel Group was essential in achieving transformation across people, process, and technology,” humm group Chief Information Officer, Vaughan Dixon says.

One of the biggest benefits for organisations in adopting cloud is the continuous innovation, development and enhancements by hyperscalers like AWS, according to Morgan.

“They’re innovating all the time, investing heavily in research and development to make enhancements so their customers can benefit from new features. This includes things like energy efficiency, which will become critical as organisations look to extract benefits from artificial intelligence and generative artificial intelligence, which require exponentially more computing power and energy, while still meeting their climate commitments,” he says.