Migration To Cloud Computing In Financial Services Taking Cautionary Approach: Tabb

As cloud computing becomes a greater part of corporate business plans, advancing at some of the most rapid paces of all technological developments, the use of outsourced technology solutions among financial services providers still relies on a balance between a financial firm’s internal “grid” and the more public cloud, a new Tabb Group study finds. Cloud computing advancing quickly except in financial services Cloud computing, for its part, is anticipated to be a much more potent aspect of a company’s technology mix. Morgan Stanley, for instance, predicted that 30% of Microsoft’s revenue will come from the cloud in 2018. In 2015,…