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Cloud & Infrastructure Market Narratives Financial Services Cloud Consumption and Preferred Vendors Feb 28, 2025 This presentation examines how financial services organisations are leveraging cloud technologies to enhance operational efficiency, compliance, and customer engagement. Request to Download

This presentation examines how financial services organisations are leveraging cloud technologies to enhance operational efficiency, compliance, and customer engagement. With a focus on ERP, sales, and marketing applications, it highlights cloud vendor preferences, with Azure leading for productivity and AWS excelling in application development and hosting.

 

Core Insights: 

ERP cloud adoption for compliance and efficiency

  • Financial services organisations allocate a larger share of cloud resources to ERP than other industries, using these systems to automate compliance reporting and streamline complex processes.
  • ERP systems help improve operational efficiency, reduce costs, and enhance integration by working on a consolidated database, ensuring better reporting and data governance.

Vendor preferences: Azure and AWS

  • Azure is preferred by 84% of financial services organisations for productivity, particularly due to its integration with Office 365 and new AI tools like Copilot, which automate workflows and enhance team productivity.
  • AWS is…

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