Beyond cost efficiencies, the charm of a Cloud-Smart strategy

Over the last few years Cloud has become the essential enabler of institutional banks’ growth strategies. And, as we hear from the industry, many banks made their bets on several cloud providers. It is safe to say now that the banking industry is already on the multi-cloud journey. We also note that many institutional players are not exactly where they planned to be on this journey. While cloud is absolutely instrumental in delivering against business aspirations, maintaining the laser focus and strong alignment between business transformation and cloud adoption is not always easy.

In this session VMware will share its view on banking industry challenges in 2023 and how being ‘Cloud-Smart’ can accelerate business transformation of institutional banks and deliver tangible business outcomes beyond cost efficiencies. While in this time of economic turmoil cost efficiencies are topping the industry’s agenda, we will also cover topics such as business velocity, talents acquisition and retention, operational resilience and sustainable finance in the context of Cloud-Smart strategy adoption.