Cloud strategy: Agile and secure in the cloud

The financial sector outpaces all other industries in hybrid cloud deployments—hosting workloads in both private and public cloud—but trail others in their use of multiple public cloud services. According to enterprise cloud computing firm Nutanix’s second Enterprise Cloud Index Report, 60% of respondents called out security as the single biggest influence on future cloud strategies. Additionally, because so many organisations struggle to migrate workloads between environments, financial services companies have the highest percentage of traditional data centres (59%) delivering key applications. Yet, in the face of digital transformation, the sector faces mounting pressure to modernise IT and to make services more convenient for end-users. Together, this explains why nearly 18% of financial companies have deployed hybrid cloud today, while 51% plan to shift investment to hybrid cloud in just three to five years.