The next phase of enterprise cloud migration is being defined not by hyperscale transformation programs, but by targeted, AI-enabled modernization built for companies generating between $300 million and $3 billion in revenue. Accenture’s newly launched mid-market initiative with AWS, alongside Google Cloud’s broader Modernize portfolio and Orange Spain’s aggressive agentic AI rollout, confirms a structural shift: AI adoption in enterprise is no longer reserved for Fortune 500 balance sheets. For CFOs, General Counsel, and M&A Directors advising on digital strategy, this shift carries direct implications for capital allocation, vendor governance, and regulatory exposure.