This document presents two cloud transformation journeys: building a strong cloud foundation and embracing cloud for disruptive business growth. It explains the importance of cloud-native OSS/BSS, AI, automation, and DevSecOps for agility, faster time-to-market, and operational efficiency. It further describes step-by-step modernization, unified multi-cloud operations, and how cloud unlocks new 5G-enabled revenue streams with support from Ericsson’s Intelligent IT Suite.