The Portland Group
Oakridge Top Right
HPCwire

Since 1986 - Covering the Fastest Computers
in the World and the People Who Run Them

Language Flags

Visit additional Tabor Communication Publications

Enterprise Tech
Datanami
HPCwire Japan

The Impact of Cloud on Suppliers in Banking


Even though banking is one area that seems most risk-laden for cloud computing, financial services as a whole has been one of the early adopting market segments to get on board. This is in part due to the cost benefits and flexibility in IT among other benefits. According to a new report from Gartner Research, 51% of North American banks are using some type of SaaS for their daily operations although certainly not for their most mission-critical sensitive data. Many predict that some of the most persistent data security issues will be worked through in the coming years which will force that 51 percent to rise higher in subsequent quarters. As it stands now, banks are looking to the clouds to handle CRM and HR but there are definitely more progressive adoption patterns among some of the bigger banks. But seriously, do you think they're going to talk about it? No. The fact remains, the SaaS industry should look to the banking industry to see early adopter patterns--more specifically, what banks are comfortable putting into the cloud--and work to develop from there.


Full story at ComputerWeekly

Most Read Features

Most Read Around the Web

Most Read This Just In

Most Read Blogs


Sponsored Whitepapers

Breaking I/O Bottlenecks

10/30/2013 | Cray, DDN, Mellanox, NetApp, ScaleMP, Supermicro, Xyratex | Creating data is easy… the challenge is getting it to the right place to make use of it. This paper discusses fresh solutions that can directly increase I/O efficiency, and the applications of these solutions to current, and new technology infrastructures.

A New Ultra-Dense Hyper-Scale x86 Server Design

10/01/2013 | IBM | A new trend is developing in the HPC space that is also affecting enterprise computing productivity with the arrival of “ultra-dense” hyper-scale servers.

Sponsored Multimedia

Xyratex, presents ClusterStor at the Vendor Showdown at ISC13

Ken Claffey, SVP and General Manager at Xyratex, presents ClusterStor at the Vendor Showdown at ISC13 in Leipzig, Germany.

HPCwire Live! Atlanta's Big Data Kick Off Week Meets HPC

Join HPCwire Editor Nicole Hemsoth and Dr. David Bader from Georgia Tech as they take center stage on opening night at Atlanta's first Big Data Kick Off Week, filmed in front of a live audience. Nicole and David look at the evolution of HPC, today's big data challenges, discuss real world solutions, and reveal their predictions. Exactly what does the future holds for HPC?

Newsletters

Stay informed! Subscribe to HPCwire email Newsletters.

HPCwire Weekly Update
HPC in the Cloud Update
Digital Manufacturing Report
Datanami
HPCwire Conferences & Events
Job Bank
HPCwire Product Showcases


Xyratex

HPC Job Bank


Featured Events


HPCwire Events