Top Benefits of Hybrid Cloud Adoption According to Banking Executives

Top Benefits of Hybrid Cloud Adoption According to Banking Executives

Proof Point

Lower costs, improved efficiency, and innovation top benefits of adopting hybrid clouds according to banking executives surveyed by IBM

Top Benefits of 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, 70 of which represent banking sector

Proof Point Findings

  • Hybrid Cloud – Mix of public and private cloud platforms delivering computing and storage applications over Internet networks
  • Lower Ownership Cost – One in two banking executives surveyed by IBM say lower ownership cost top benefit for adopting hybrid cloud
  • Improved Internal and External Processes – Many respondents believe hybrid clouds enhance internal and external processes, with 47% mentioning operational efficiency and 39% meeting customer expectations more readily
  • Stimulating Innovations – Respondents also identified promoting innovation (47%) and creating new business models (39%) as hybrid cloud benefits
  • Key Growth Drivers – Include rising trend of companies digitizing business processes, increasing need for low-cost and secure cloud solutions, heightening organizational focus on process efficiency enhancements, and growing consumer demand for cloud-based transactions

Accelerator

Sector

Information Technology

Source

Date Last Updated

July 6, 2017

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