{"id":654669,"date":"2025-06-16T15:55:00","date_gmt":"2025-06-16T13:55:00","guid":{"rendered":"https:\/\/www.devoteam.com\/success-story\/storebrand-cloud-modernisation\/"},"modified":"2025-10-30T16:24:10","modified_gmt":"2025-10-30T15:24:10","slug":"storebrand-cloud-modernisation","status":"publish","type":"success-story","link":"https:\/\/devoteam.info\/me\/success-story\/storebrand-cloud-modernisation\/","title":{"rendered":"How Storebrand transformed finance with a bold leap into cloud modernisation"},"content":{"rendered":"\n
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The snapshot<\/h2>\n\n\n\n
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1<\/strong><\/p>\n\n\n\n

Storebrand, a major player in the Norwegian financial sector, needed to modernise its infrastructure to maintain its leading position in the industry.<\/p>\n<\/div>\n<\/div>\n\n\n\n

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2<\/strong><\/p>\n\n\n\n

The company was hindered by ageing, on-premise infrastructure from the 1990s and 2000s, which limited innovation and agility.<\/p>\n<\/div>\n<\/div>\n\n\n\n

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3<\/strong><\/p>\n\n\n\n

In partnership with Devoteam, Storebrand migrated its entire infrastructure to a standardised Microsoft Azure cloud solution, becoming a global trailblazer in cloud-first asset management. <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

About Storebrand<\/h2>\n\n\n\n
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Storebrand Asset Management<\/a> is a significant player in the Norwegian financial sector<\/strong>. They manage around 1200 billion NOK and handling billions in transactions daily. This established company, with roots in older infrastructures, has a clear mission: to lead in the financial industry with cutting-edge technology, placing “People first, digital always.<\/em>“<\/p>\n\n\n\n

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They recognised the imperative to modernise to meet evolving customer demands and secure their leading position.<\/p>\n\n\n\n

The Challenge<\/h2>\n\n\n\n

Storebrand operated with ageing infrastructure, including outdated servers from the 1990s and 2000s, originally housed on-premise. The old, outdated hardware limited innovation and increased operational costs<\/strong>.<\/p>\n\n\n\n

This technical debt hindered their agility and ability to offer the services their customers increasingly wanted, like real-time data access. They also faced limitations with data access and sharing. Indeed, their systems were not designed for modern API integrations<\/strong> or seamless connections with third parties. <\/p>\n\n\n\n

The Goal<\/h2>\n\n\n\n

Storebrand aimed to modernise its IT infrastructure<\/strong> to remain at the forefront of the financial industry. Their objective was not merely to cut costs but to unlock new opportunities. They desired to provide customers with on-demand data access, enable API integrations, and create a flexible, scalable platform for future growth.<\/p>\n\n\n\n

Ultimately, Storebrand wanted to lead the digital transformation of finance<\/strong>, ensuring they could meet and exceed customer expectations securely and efficiently.<\/p>\n\n\n\n

The Solution<\/h2>\n\n\n\n

Storebrand started its partnership with Devoteam in 2020 to embark on a significant modernisation journey, choosing the Microsoft platform<\/a> for its cloud solutions<\/strong>. <\/p>\n\n\n\n

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When we started looking into the orb, we saw that cloud was the only real option for modernisation. We were all going there eventually, it was just a matter of daring to take that step first. We were very forward-thinking and brave there.<\/p>\n\n\n\n

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Arne Martin Moen<\/p>\n\n\n\n

COO at Storebrand Asset Management<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

They recognised that moving to the cloud was inevitable and decided to be proactive rather than reactive. By transitioning to cloud infrastructure, they could create modern data platforms and enable API integrations<\/strong>, addressing the core limitations of their legacy systems. This strategic shift allowed customers to subscribe to and manipulate their data, providing a level of service previously unattainable. The process involved a strategic plan for migrating and standardising technology choices, supported by Devoteam’s methodology, to ensure a smooth transition. <\/p>\n\n\n\n

By investing in the Microsoft platform and standardising tech choices, Storebrand quickly got its cloud infrastructure online. It also retrained its people.<\/p>\n\n\n\n

Technical Highlights<\/h2>\n\n\n\n

Infrastructure as Code (IaC) as a core shift:<\/strong><\/p>\n\n\n\n

This allows to provision automatically environments for new programs<\/strong> and functions in minutes, rather than months. This is a fundamental change in infrastructure provisioning. Infrastructure as Code enables consistent, repeatable, and version-controlled deployment of infrastructure through automated scripts. It helps reduce manual errors while improving scalability and collaboration across development teams.<\/p>\n\n\n\n

Standardised Azure Solution:<\/strong><\/p>\n\n\n\n

The infrastructure now runs as a completely clean and standardised Azure solution, straight out of the box and without third-party providers<\/strong> on top.<\/p>\n\n\n\n

The Methodology<\/h2>\n\n\n\n

Devoteam and Storebrand adopted a methodology focused on strategic planning, careful execution, and ongoing optimisation. Like eating an elephant one bite at a time, this massive digital transformation project was broken down into manageable sprints through an agile methodology<\/strong> that enabled close collaboration between Devoteam’s experts and Storebrand’s own employees.<\/p>\n\n\n\n