Whitepaper: Multi-cloud fundamental to financial services’ transformation
Established financial services businesses are actively seeking cloud transformation to ward off the challenge of new, cloud-native competitors. They are increasingly making the move to multiple cloud platforms as they look to derive business value from emerging technologies such as artificial intelligence, blockchain and container-based application architectures.
Choosing an optimum cloud strategy will play a key role in the financial services market over the next two to three years, both as a platform for transforming from existing traditional IT infrastructures and as a vehicle for enabling new, technology-driven innovations.
The next few years are, therefore, a critical time in financial services’ business transformation process, and market leaders are already succeeding in establishing unified multi-cloud environments. Indeed, more than three-quarters of financial services businesses (77%) expect to be using some form of cloud platform as their primary environment within the next two years.
This whitepaper, commissioned by Canonical and written by 451 Research, explores financial services’ cloud needs, expectations and requirements, such as the major shift towards public cloud and deploying multi-cloud environments.
Highlights of the whitepaper include:
- The driving factor behind why businesses in the financial services sector expect a significant shift toward public cloud (IaaS) over the next two years
- Why around 60% of financial services businesses expect their IT environments to be multi-cloud
- How financial services businesses are making AI, containers and blockchain their top IT priorities
Click here to read this free white paper to discover the major trends impacting financial services businesses’ cloud transformation and their key IT priorities over the next few years.