Proof Point
IBM survey found lack of expertise, compliance concerns, and compatibility with existing systems top barriers for hybrid cloud adoption
Top Barriers for Hybrid Cloud Adoption According to Banking Executives
2016 (percentage of respondents)
| Note: | Data based on 2016 IBM Institute for Business Value Global Cloud Survey on 1,000 business leaders from 18 industries in more than 15 countries, with 70 representing banking sector |
Proof Point Findings
- Hybrid Cloud – Mix of public and private cloud platforms delivering computing and storage applications over Internet networks
- Lack of Expertise – Lack of in-house experts to build and maintain platform top barrier for hybrid cloud adoption as cited by 49% of banking executives surveyed by IBM
- Compliance Concerns – 46% of respondents think regulatory compliance concerns as another big factor hindering cloud migration
- Core Business Impact – Executives also mentioned compatibility with existing systems (37%) and alignment with strategic objectives (31%)
- Key Drivers – Include rising trend of companies digitizing business processes, intensifying industry competition for top talent with relevant skills, lagging regulatory framework, and rapidly advancing cloud technologies and applications
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Sector |
Information Technology
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Source |
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Date Last Updated |
July 2, 2017
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