Cloud computing

Cloud computing is driving a new post-pandemic wave of digital transformation across the globe. Gartner forecasts spending on related services will reach nearly $600bn in 2023, resulting in a 21% year-on-year increase.

Many financial services companies are operating on technology stacks that aren’t up to the challenge of today’s market. Incredibly, some banks are operationally dependent on technology that was installed in the ’70s or ’80s.

The 2022 NonStop Technical Boot Camp was held “live” at the Hyatt Regency SFO in Burlingame, California. It was very nice to see people face to face and shake hands after the past two years. Even though I caught a cold, it was well worth it.

Cloud computing saved many organizations during the pandemic as they rapidly recalibrated to support mass home working and reach more

Cloud computing is the fuel powering modern digital transformation. Across the globe, organizations invested heavily during the pandemic to adapt to new market conditions, drive more efficient business processes and support mass home working. It’s estimated that 60% of corporate data globally is now stored in the cloud, and much of this will be in public cloud data centres.