Investment banks welcome public cloud adoption for innovation first, not cost reduction – Irish Tech News —

˘÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷survey show that three-quarters of investment banks are more excited by cloud computing’s ability to introduce agility and resource elasticity into their businesses than its ability to simply deliver cost reductions (50%). These results may reflect the introduction of new measures that require large but fluctuating levels of data processing power, i.e. regulatory reporting (e.g. […]

via Investment banks welcome public cloud adoption for innovation first, not cost reduction – Iri?sh Tech News —

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