Gartner Research

Bank CIOs Must Rely on Risk Factors as Well as Value Drivers When Evaluating Cloud

Published: 09 May 2019

ID: G00376033

Analyst(s): Jason Malo

Summary

Value drivers like competitive differentiation are pressuring banks worldwide to move away from traditional on-premises technology deployment. Bank CIOs should focus more on risk factors such as scalability and expertise dependencies when selecting alternative deployment models like cloud delivery.

Table Of Contents

Analysis

  • Banks Worldwide Are Managing Fewer Technologies Themselves — But the Trends in Alternative Models Like Cloud Are Complex
  • The First Question for CIOs Contemplating Cloud: When Is a Change Needed?
  • Risk Drivers Are Imperative to Inform Banking Applications’ Cloud Direction
  • The Bottom Line

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