For MoneyGram International, migrating workloads from the mainframe to the cloud has been a boon for the bottom line — and a lifeline against increasing market disruption from digital money-transfer upstarts.
As expected, operating in the cloud has enabled the 80-year-old company to significantly reduce the cost of running its data center in Minneapolis. It has also increased top-line revenue by enabling MoneyGram to execute far more transactions in the 200 nations it serves — exceeding the volume of business its infrastructure could handle in the past, says CTO Joe Vaughan.