CloudBees CEO: Why Migration Is a Mirage Costing You Millions

A CloudBees survey reveals that enterprise migration projects often fail to deliver promised modernization benefits. In 2024, 57% of enterprises spent over $1 million on migrations, with average overruns costing $315,000 per project. In The New Stack Makers podcast, CloudBees CEO Anuj Kapur describes this pattern as “the migration mirage,” where organizations chase modernization through costly migrations that push value further into the future. Findings from the CloudBees 2025 DevOps Migration Index show leaders routinely underestimate the longevity and resilience of existing systems. Kapur notes that applications often outlast CIOs, yet new leadership repeatedly mandates wholesale replacement.