A persistent myth in the tech world is that major enterprises in highly regulated industries are risk-averse and reluctant to adopt new technology innovations. In the case of the financial services sector, this has not been the case for years, and it is being disproved again as a growing number of financial institutions aggressively pursue a widening array of cloud computing alternatives. One of the foundations for this myth in the cloud arena has been the initial small size of Software as a Service deployments.
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Financial Sector's Gaze Fixed Firmly on the Cloud
Posted by: Jeffrey M. Kaplan July 13, 2013 05:00 AMA persistent myth in the tech world is that major enterprises in highly regulated industries are risk-averse and reluctant to adopt new technology innovations. In the case of the financial services sector, this has not been the case for years, and it is being disproved again as a growing number of financial institutions aggressively pursue a widening array of cloud computing alternatives. One of the foundations for this myth in the cloud arena has been the initial small size of Software as a Service deployments.