IDC Region: Worldwide
This white paper looks at five reasons banks should move to cloud now, based on current trends in cloud adoption, the growth of cloud investments worldwide, and, most important, what banks are reporting as the biggest benefits from the move to cloud. Financial institutions are telling IDC that they are investing in the continued adoption of cloud for even the most critical workloads at their institutions.
This data comes from IDC’s annual Worldwide Industry Cloud Path Survey reporting from 100 banking institutions worldwide. (Capital market firms and insurance companies were included in the survey but are not represented in this white paper.)
This white paper conveys the reasons banks have moved to cloud, the real benefits they have derived from these migrations, and IDC’s opinion on why these factors point to an increased need for the banking industry to move to the cloud.