Legacy banking systems are decades behind as digital advancements continue to disrupt the sector. Cloud computing has long since crossed the line from experimental to mainstream. The next question is how quickly companies should adopt and convert to cloud computing. The developments in adjacent technology markets include Digitalization, where 28% [...]
The corporate environment is shifting. Many businesses now employ remote workers, have various offices, and use a variety of computing tools and platforms. While these changes present new opportunities for business executives, they also present new obstacles for IT departments that are straining to keep up in order to [...]
When Cloud computing started making inroads into the industry around 2010, financial services firms were skeptical about moving their applications to the Cloud. The common reasons cited were regulatory restrictions, security concerns, and loss of control etc. However, in 2021, the Cloud has become an integral part of the digital strategy of all financial services organizations. One Forbes study [...]
During the lockdowns across the world, amidst a global pandemic, one thing that kept us all going was RESILIENCE. From corporate organizations to schools and families, everyone has adopted alternatives to their pre-pandemic ways of showcasing their resilience against the unprecedented health and economic crisis. Accelerated digital transformation was one by-product of this endeavor. And to support the [...]
No one knows how far into 2021 we’ll continue to avoid air travel, shop primarily online, and work from home, but it’s clear that every enterprise should become more adaptive, responsive, and agile than ever before. Cloud architectures have significantly molded the way enterprises function and every leading industrial analyst predicts that cloud computing will help [...]
Cloud offers extreme flexibility and ‘anywhere access’ to the required data. This flexibility factor of cloud computing became one of the major facilitator of the remote working model. Cost efficiency, scalability, and ease of collaboration are some of the other main benefits that have made cloud a major hit amongst [...]
