Tag Archive | cloud computing

Why Banks Must Adopt a Cloud-First Disruptor Mindset

Banking fintech market research

The established players in banking are constantly facing changes and new competition. These challenges stem primarily from on-the-cloud start-ups and agile FinTechs, a group of businesses that are 4,000-strong worldwide and on the receiving end of $19 billion in venture capital funding.

Source: IBM

Cloud Object Storage: Another Race to the Bottom?

cloud object storage market research

451 Research revealed that the cloud price battlefield has shifted from virtual machines (VMs) to cloud object storage. The analyst firm predicts that other services — particularly databases — will undergo the same pricing pressures over the next 18 months.

Source: Digital Lifescapes

Financial Service RegTech Revenue will Reach $6.45B

Financial Services RegTech market research

Agile regulation technology (RegTech) solutions are in high demand in the global financial services industry. Financial service organizations are embracing RegTech solutions for enhanced efficiency, proactive compliance, real-time risk monitoring and improved governance.

Source: Digital Lifescapes

Cloud Infrastructure Revenue Reached $32.6B in 2016

cloud IT infrastructure market research

Cloud computing adoption continues to disrupt the traditional IT infrastructure marketplace, as more CIOs and CTOs execute their ongoing plans for digital business transformation. While some regional expansions have tapered off, there are still many significant upside opportunities.

Source: Digital Lifescapes

Worldwide IT Revenue will Reach $3.5 Trillion in 2017

IT spending 2017 forecast

Worldwide IT spending is projected to total $3.5 trillion in 2017 — that’s a 1.4 percent increase from 2016, according to the latest market study by Gartner. That said, this growth rate is down from the previous quarter’s forecast of 2.7 percent, due in part to the rising value of the U.S. dollar.

Source: Digital Lifescapes

Why Business and Industry Expertise Impact Cloud Choice

cloud CIO CTO market research

More executives will seek comprehensive vendor guidance on their digital transformation plans. According to latest market study by 451 Research, 80 percent of surveyed organizations report that their IT environments will change in order to meet forward-looking business requirements over the next five years.

Source: Digital Lifescapes

Hyperconverged Systems Revenue Reached $2.2B in 2016

hyperconverged systems market research

Demand for simplified IT infrastructure, to be used in corporate data centers, gained momentum during the last couple of years as more CIOs attempted to offer their internal users compute and storage that could be provisioned quickly — similar to the major public cloud service providers.

Source: Digital Lifescapes