Cloud Computing Banking and Finance News | Cloud Tech News https://www.cloudcomputing-news.net/categories/cloud-computing-industries/cloud-computing-banking-finance/ IaaS, SaaS, PaaS, Data Security, CIO, Analysis Tue, 24 Oct 2023 13:50:21 +0000 en-GB hourly 1 https://www.cloudcomputing-news.net/wp-content/uploads/sites/2/2020/09/cloud-icon-60x60.png Cloud Computing Banking and Finance News | Cloud Tech News https://www.cloudcomputing-news.net/categories/cloud-computing-industries/cloud-computing-banking-finance/ 32 32 40%+ of firms lose revenue from technology downtime and cloud complexity https://www.cloudcomputing-news.net/news/2023/oct/24/40-of-firms-lose-revenue-from-technology-downtime-and-cloud-complexity/ https://www.cloudcomputing-news.net/news/2023/oct/24/40-of-firms-lose-revenue-from-technology-downtime-and-cloud-complexity/#respond Tue, 24 Oct 2023 13:50:19 +0000 https://www.cloudcomputing-news.net/?p=99838 55% of enterprises are struggling to derive meaningful insights from their data, highlighting an industry-wide need to deliver technology faster, more reliably and in more places, according to a survey by Hitachi Vantara, the modern infrastructure, data management and digital solutions subsidiary of Hitachi. The survey revealed ongoing challenges related to security, inflexible systems, isolated... Read more »

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]]> https://www.cloudcomputing-news.net/news/2023/oct/24/40-of-firms-lose-revenue-from-technology-downtime-and-cloud-complexity/feed/ 0 UK startups wasting over two weeks per year – costing the UK an estimated £37bn in GDP https://www.cloudcomputing-news.net/news/2023/oct/23/uk-startups-wasting-over-two-weeks-per-year-costing-the-uk-an-estimated-37bn-in-gdp/ https://www.cloudcomputing-news.net/news/2023/oct/23/uk-startups-wasting-over-two-weeks-per-year-costing-the-uk-an-estimated-37bn-in-gdp/#respond Mon, 23 Oct 2023 14:00:37 +0000 https://www.cloudcomputing-news.net/?p=99836 UK startups and microbusinesses are wasting over two working weeks every year on admin tasks, including managing mobile phone contracts, choosing energy providers, and buying insurance – according to new research.  The study, conducted by Beasy, which surveyed 500 business owners employing between 1-9 people, found that startup founders are spending an average of 5.5... Read more »

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]]> https://www.cloudcomputing-news.net/news/2023/oct/23/uk-startups-wasting-over-two-weeks-per-year-costing-the-uk-an-estimated-37bn-in-gdp/feed/ 0 Avanade launches cloud insights platform that identifies risks and unlocks cloud spend https://www.cloudcomputing-news.net/news/2023/oct/11/avanade-launches-cloud-insights-platform-that-identifies-risks-and-unlocks-cloud-spend/ https://www.cloudcomputing-news.net/news/2023/oct/11/avanade-launches-cloud-insights-platform-that-identifies-risks-and-unlocks-cloud-spend/#respond Wed, 11 Oct 2023 20:14:57 +0000 https://www.cloudcomputing-news.net/?p=99773 Microsoft solution provider Avanade has launched a platform to help businesses establish an AI-ready digital core and unlock funding to reinvest in innovation. ‘Avanade Cloud Impact’ is a data platform that uses the latest in AI and machine learning to integrate and analyse industry, business and technical data sources and generate rich, tailored modernisation for... Read more »

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]]> https://www.cloudcomputing-news.net/news/2023/oct/11/avanade-launches-cloud-insights-platform-that-identifies-risks-and-unlocks-cloud-spend/feed/ 0 NexGen Cloud’s $1bn AI supercloud to turbocharge AI in Europe https://www.cloudcomputing-news.net/news/2023/oct/10/nexgen-clouds-1bn-ai-supercloud-to-turbocharge-ai-in-europe/ https://www.cloudcomputing-news.net/news/2023/oct/10/nexgen-clouds-1bn-ai-supercloud-to-turbocharge-ai-in-europe/#respond Tue, 10 Oct 2023 09:08:03 +0000 https://www.cloudcomputing-news.net/?p=99765 NexGen Cloud, a sustainable Infrastructure-as-a-Service provider, announced plans and funding for one of Europe’s first AI Supercloud deployments to support the development and growth of AI enterprises. UK-based NexGen Cloud, an Elite member of the NVIDIA Partner Network, plans to invest $1 billion to build its AI Supercloud in Europe, with $576 million already committed... Read more »

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]]> https://www.cloudcomputing-news.net/news/2023/oct/10/nexgen-clouds-1bn-ai-supercloud-to-turbocharge-ai-in-europe/feed/ 0 Global cloud comms revenue to grow at 18.3% CAGR over 2022-2027 https://www.cloudcomputing-news.net/news/2023/oct/09/global-cloud-comms-revenue-to-grow-at-18-3-cagr-over-2022-2027/ https://www.cloudcomputing-news.net/news/2023/oct/09/global-cloud-comms-revenue-to-grow-at-18-3-cagr-over-2022-2027/#respond Mon, 09 Oct 2023 13:30:08 +0000 https://www.cloudcomputing-news.net/?p=99758 Cloud communications is expected to witness a substantial growth over the next five years, as businesses are switching from legacy PBX solutions to cloud communications and opting for a pay-as-you-go model to optimise expenses and avoiding upfront investments. Against this backdrop, the cloud communications market size is anticipated to grow at a compound annual growth... Read more »

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]]> https://www.cloudcomputing-news.net/news/2023/oct/09/global-cloud-comms-revenue-to-grow-at-18-3-cagr-over-2022-2027/feed/ 0 Mainframe modernisation driving $12bn+ cost savings for businesses https://www.cloudcomputing-news.net/news/2023/sep/18/mainframe-modernisation-driving-12bn-cost-savings-for-businesses/ https://www.cloudcomputing-news.net/news/2023/sep/18/mainframe-modernisation-driving-12bn-cost-savings-for-businesses/#respond Mon, 18 Sep 2023 07:23:25 +0000 https://www.cloudcomputing-news.net/?p=99671 Kyndryl, an IT infrastructure services provider, has unveiled the findings of its inaugural global survey and analysis of the current and future state of mainframe modernisation for businesses.  The survey among 500 business and IT leaders finds that most organisations are taking a hybrid approach to mainframe modernisation and collectively achieve $12.5B in cost savings. In today´s competitive and fast-changing business environment, enterprises are looking... Read more »

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]]> https://www.cloudcomputing-news.net/news/2023/sep/18/mainframe-modernisation-driving-12bn-cost-savings-for-businesses/feed/ 0 Kyndryl signs agreement with HMRC to modernise critical tax infrastructure for UK citizens https://www.cloudcomputing-news.net/news/2023/sep/11/kyndryl-signs-agreement-with-hmrc-to-modernise-critical-tax-infrastructure-for-uk-citizens/ https://www.cloudcomputing-news.net/news/2023/sep/11/kyndryl-signs-agreement-with-hmrc-to-modernise-critical-tax-infrastructure-for-uk-citizens/#respond Mon, 11 Sep 2023 11:52:43 +0000 https://www.cloudcomputing-news.net/?p=99661 Kyndryl, an IT infrastructure services provider, has partnered with HMRC through to end of September 2024. Drawing on Kyndryl’s position in managed services, the deal will see Kyndryl continue to manage a proportion of HMRC’s (His Majesty’s Revenue and Customs) mainframe services while Kyndryl Consult will undertake discovery work to prepare for cloud migration and... Read more »

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]]> https://www.cloudcomputing-news.net/news/2023/sep/11/kyndryl-signs-agreement-with-hmrc-to-modernise-critical-tax-infrastructure-for-uk-citizens/feed/ 0 Google Cloud launches AI-powered anti-money laundering product https://www.cloudcomputing-news.net/news/2023/jun/26/google-cloud-launches-ai-powered-anti-money-laundering-product/ https://www.cloudcomputing-news.net/news/2023/jun/26/google-cloud-launches-ai-powered-anti-money-laundering-product/#respond Mon, 26 Jun 2023 16:59:28 +0000 https://www.cloudcomputing-news.net/?p=99406 Google Cloud has unveiled its Anti Money Laundering AI (AML AI), an artificial intelligence (AI)-powered product designed to help global financial institutions more effectively and efficiently detect money laundering.  Money laundering is a complex problem with a growing global impact. The amount of money laundered each year is estimated to be 2-5% of global GDP,... Read more »

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]]> https://www.cloudcomputing-news.net/news/2023/jun/26/google-cloud-launches-ai-powered-anti-money-laundering-product/feed/ 0 Why cyber resilience remains an underrated element of the security strategy https://www.cloudcomputing-news.net/news/2023/mar/29/why-cyber-resilience-remains-an-underrated-element-of-the-security-strategy/ https://www.cloudcomputing-news.net/news/2023/mar/29/why-cyber-resilience-remains-an-underrated-element-of-the-security-strategy/#respond Wed, 29 Mar 2023 12:13:00 +0000 https://www.cloudcomputing-news.net/?p=98999 A curious article from February 1’s issue of the Borneo Post shone a light on the gap between expectation and reality when it comes to cyber recovery. Professional services provider KPMG surveyed Asia-Pacific organisations and found almost three quarters (73%) of CISOs did not have the influence to protect their companies fully. Moreover, while progress... Read more »

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]]> https://www.cloudcomputing-news.net/news/2023/mar/29/why-cyber-resilience-remains-an-underrated-element-of-the-security-strategy/feed/ 0 Belfast Harbour sets sail with Oracle Fusion Cloud ERP https://www.cloudcomputing-news.net/news/2023/jan/12/belfast-harbour-sets-sail-with-oracle-fusion-cloud-erp/ https://www.cloudcomputing-news.net/news/2023/jan/12/belfast-harbour-sets-sail-with-oracle-fusion-cloud-erp/#respond Thu, 12 Jan 2023 11:14:15 +0000 https://www.cloudcomputing-news.net/?p=98735 Belfast Harbour, Northern Ireland’s principal maritime gateway and logistics hub, has selected Oracle Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion Cloud Enterprise Performance Management (EPM) to streamline its financial operations, increase agility, improve insights, and enhance decision making across the organisation. Belfast Harbour is Northern Ireland’s primary maritime gateway for trade by operating a sustainable and world-leading regional... Read more »

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