The financial services industry has been slower than other sectors to adopt cloud computing. Many financial companies still rely on on-premises IT, legacy mainframes and monolithic applications.

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. After lagging behind other industries for years, the financial services industry is ...

Across the financial services industry, opinions on moving to cloud computing are shifting, according to the 2024 FIS Global Innovation Research. Although concerns linger about the cloud’s ...

GovWin has identified scaling cloud services as its No. 1 “hotspot” for state and local contracting, noting that bids pertaining to scaling cloud increased 39 percent in 2023, more than any other ...

Third, Big Tech’s cloud oligopoly undermines innovation. In artificial intelligence, for example, tech giants have been ...

E-payments and e-procurement support these ambitions. Financial and procurement ... solutions that are cloud-based, and that’s definitely the way to go, given the need to deliver more efficient ...

Salesforce argues that even more specialized AI agents are needed for the financial services, because it’s an industry built ...

with the addition of the financial component, and emphasizes communications and collaboration among various teams involved in the use of cloud services. “The FinOps market is white hot today ...

To continue making progress toward IT modernization, agencies must explore alternative procurement methods that can streamline timelines and support the implementation and adoption of emerging ...

Meeting procurement requirements laid out in 2019 Office of Management and Budget guidance on cloud strategy has been a mixed bag for federal agencies, a new congressional watchdog report found. As of ...

Micrologic, a 100% Canadian-owned pioneer in cloud computing, is proud to announce its registration in Public Services and Procurement Canada's Software-as-a-Service (SaaS) catalogue. This strategic ...