Study: Adoption of hybrid multi-cloud in financial services projected to triple, says Nutanix

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Nutanix, a leading company in cloud technology, recently released its sixth annual global Financial Services Enterprise Cloud Index (ECI) survey and research report, focusing on cloud adoption in the financial services and insurance industry. The report indicates that while the current adoption of hybrid multi-cloud deployments in the financial sector is consistent with previous years, there is an expected 3x increase in adoption within the next three years, making it the primary IT model in the industry.

One of the key findings of the report is that data security and protection against ransomware attacks, implementing AI strategies, and reducing costs are the top priorities for IT decision-makers in the financial services sector. The survey revealed that 99% of financial services respondents had experienced a ransomware attack in the past three years, highlighting the critical need for improved data security measures. Additionally, 89% of respondents acknowledged that there was room for improvement in their organizations’ ability to defend against such attacks.

AI technology is emerging as a crucial factor in IT infrastructure decisions for financial organizations, as leaders recognize the importance of leveraging AI solutions to enhance decision-making processes and improve customer experiences. This shift towards AI-driven solutions is driven by the increasing complexity and volume of data that organizations need to manage, as well as the growing demand for personalized and efficient customer services.

Overall, the Financial Services ECI report emphasizes the importance of robust data security measures, including protection against ransomware attacks, as well as the integration of AI technologies in IT infrastructure to drive innovation and improve operational efficiency within the financial services sector. By prioritizing these key areas, financial organizations can better position themselves to adapt to the evolving digital landscape and meet the changing needs of their customers.

For more information on the findings of the Nutanix Financial Services Enterprise Cloud Index survey and research report, please visit the provided link.

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https://www.fierce-network.com/newswire/nutanix-study-projects-hybrid-multi-cloud-adoption-financial-services-will-triple