Industry Solutions

Agility, Efficiency, and Simplified Delivery

The need for additional agility, as well as efficiency and simplified delivery of IT, is influencing a rapid shift in attitude toward private cloud adoption, and ultimately hybrid cloud computing within the financial services industry. As a recent data point of this shift, a November 2011 survey by Gartner found that cloud computing is the top priority for global financial service CIOs. Thirty-nine percent of those surveyed expect that more than half of their transactions will be supported using cloud infrastructure and software as a service (SaaS) by 2015.

There are four primary influences behind adoption of cloud computing within financial services. They include:

• Simplified delivery of IT - Creating time-to-value differentiation by enabling the deployment of applications, IT services, or infrastructure in minutes on demand across a financial institution
• Enriched user experience - Providing a consistent, highly secure, and integrated user experience for financial customers and employees that is enabled by the cloud to connect, communicate, collaborate, and execute business
• Agility - Creating an ability to respond to business demand as and when needed due to an integrated IT supply chain enabled by a flexible and adaptable cloud
• Efficiency - Providing maximum return on assets with minimum capital invested through optimal use of people, processes, and technologies with a new cloud delivery paradigm