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IDC's 3rd Platform Industry Spending Guides Provide In-Depth Sub-Industry Forecasts for Technology Investments Across Nine Industries – Consumer Electronics Net

Banks Adopting Cloud Computing, Trying to Mitigate Concerns

The financial sector is overwhelmingly adopting cloud computing, but not without concern over the risks of doing so.

Regulatory complexity hinders cloud adoption by financial services firms, Google study finds

Business leaders within the financial services space reveal details of what is holding up cloud adoption within their industry in latest Google poll.

Finance industry could see huge benefits from cloud computing

SAP Forms Strategic Partnership for Financial Services Industries

Published April 28, 2021, 9:02 AM SAP and investment company Dediq GmbH announced that they have agreed to enter into a partnership in the area of financial services. To better serve the rapidly changing banking and insurance industry, the two companies will jointly expand SAP’s financial services portfolio with a significant investment in new solutions. These solutions will be based on SAP software and be integrated into SAP’s overall portfolio and product roadmap. Pending regulatory approval, SAP and Dediq will form a dedicated Financial Services Industry (FSI) Unit, which will be jointly owned by the two companies. Both SAP and Dediq will provide the FSI Unit with the funding, technology, and development expertise, as well as a broad ecosystem of partners necessary to rapidly establish it as a major force in the FSI IT market. Dediq’s investment in the unit will be more than 500 million Euro.