ANALYST REPORT
The Cloud Council for Financial Services continues its work to assess the acceleration of cloud in Asia/Pacific banking and insurance, with a focus on the real-world benefits of standardization in hybrid cloud deployments. Four key takeaways stand out in terms of what industry cloud leaders and their roundtable peers view are driving greater cloud standardization efforts:
- Standardization assures intended outcomes for cloud services from various cloud environments.
- Organizing standardization efforts in the use of a technology stack helps accelerate the cloud journey as it brings multiple layers of tools, capabilities and services, for infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS).
- Standardization goals are to support real-time connectivity, data, and workflows while ensuring that the standards are inclusive of cloud architecture, security, governance, and performance.
- It is about reducing the IT operational burden in managing hybrid cloud.
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