Industrialisation to unlock the efficiency and agility of banking

Since the financial crisis, the banking industry has been under tremendous pressure. Economic uncertainty, rising customer expectations, increased regulatory focus, intensified competition and new FinTech entrants are putting an increased pressure on bank’s revenue margins. These trends are creating an urgent need for innovation and cost reduction.

Is industrialisation the way forward for the banking sector to unlock innovation and agility?
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60% of Workloads will Run in the Cloud by 2018

“The predicted doubling of IaaS usage is the highest growth expectation for any type of cloud and points to significant revenue potential for vendors in this space,” said Andrew Reichman, Research Director of 451 Research

451 Research’s latest Voice of the Enterprise: Cloud Transformation survey of IT buyers indicates that 41% of all enterprise workloads are currently running in some type of public or private cloud. By mid-2018, that number is expected to rise to 60%, indicating that a majority of enterprise workloads will run in the cloud in the near term.

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