Nutanix, a leader in hybrid multicloud computing, recently released its sixth annual global Financial Services Enterprise Cloud Index (ECI) survey and research report, which examines cloud adoption in the financial services and insurance industry. The report found that while current adoption of hybrid multicloud deployments remains consistent, respondents anticipate a significant increase in adoption in the next three years, driven by factors such as data security, ransomware protection, and AI strategies.
According to the report, 99% of financial services respondents have experienced a ransomware attack in the past three years, highlighting the need for enhanced cybersecurity measures. AI is also a key driver of infrastructure priorities, as financial services organizations increasingly leverage AI solutions to improve decision-making and customer experiences.
The appeal of hybrid multicloud architecture lies in its ability to offer diverse cost, billing, and deployment options, allowing digital enterprises to enhance application performance, bolster security, accelerate time to market, and optimize IT expenditures. Financial services decision-makers prioritize cybersecurity, AI investment, and cost management in their infrastructure strategies, with a focus on cloud, data, and ransomware protection.
Challenges facing financial services IT departments include cybersecurity and compliance-related issues, with ransomware prevention, data security, and regulatory compliance among the top concerns. As financial enterprises relocate applications to different infrastructures to improve data access performance, security, and regulatory compliance, the need for simple and flexible inter-cloud workload portability becomes essential.
The report also highlights the importance of sustainability, flexibility, security, and data capabilities in cloud services selection for financial service companies. Respondents cite sustainability, workload flexibility, and cost considerations as key factors influencing their IT infrastructure purchasing decisions.
Vanson Bourne conducted the research on behalf of Nutanix, surveying 1,500 IT decision-makers worldwide, spanning multiple industries and geographies. Financial services decision-makers are focused on enhancing cybersecurity measures, leveraging AI solutions, and managing overall costs in their IT infrastructure strategies, as they navigate the evolving landscape of cloud adoption in the industry.
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https://finance.yahoo.com/news/nutanix-study-projects-hybrid-multicloud-130000477.html