Capgemini report reveals only 12% of financial firms are leading in cloud use, facing issues with costs and management.

Capgemini's report on financial services shows that only 12% of organizations are 'cloud innovators,' with most executives unsatisfied with cloud outcomes. Banks and insurers mainly use cloud for efficiency but face issues like high costs and poor management. To improve, they need better technology like AI and must handle data privacy and quality amid growing regulatory pressures.

November 14, 2024
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