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Banks Continue to Reap the Benefits of Public Cloud: Results from IDC's 2023 Worldwide Industry CloudPath Survey

Publisher IDC
Published Sep 28, 2023
Length 8 Pages
SKU # IDC18202370

Description

Banks Continue to Reap the Benefits of Public Cloud: Results from IDC's 2023 Worldwide Industry CloudPath Survey


This IDC Perspective looks at IDC's 2023 Worldwide Industry CloudPath Survey results for the global banking industry. In 2023, banks globally continue to recognize the critical importance of migrating to the cloud and gaining real benefits to both lines of business (LOBs) and IT and operations groups. Public cloud services have been proven to bring new services to the market faster and more powerfully by accessing the latest functionalities provided by the cloud-based software market and better leverage enterprisewide data supported by IDC's survey data."Even critical banking workloads are moving to public cloud," says Jerry Silva, VP, IDC Financial Insights. "This is a sign that, along with improving innovation from a business perspective, public cloud also improves the table-stakes areas of security and compliance," he adds.

Please Note: Extended description available upon request.

Table of Contents

8 Pages
Executive Snapshot
Situation Overview
Public Cloud Adoption Continues to Increase
Expectations for Public Cloud Have Evolved
Does Public Cloud Deliver on the Expectations?
Advice for the Technology Buyer
Call to Action
Learn More
Related Research
Synopsis

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