The financial services sector (FSS) is accelerating the adoption of cloud. According to a 451 Research survey, financial companies are adopting hybrid cloud services as a core part of their technology and infrastructure strategies. Hybrid cloud is defined as a cloud computing environment that utilizes a mixture of on-premises private cloud and third-party public cloud services.
FSS Companies Shift to Hybrid Cloud
In 2015, IBM’s financial services customers, including banking, capital markets and insurance companies, began to implement public cloud for nonproduction workloads, including DevOps, testing and capacity on demand.
