More than nine in 10 banks across the Asia-Pacific region plan to increase their cloud spending this year.
underscoring the growing importance of cloud computing in their digital strategy, a new study has been found.
the higher cloud spending is a big leap from many years of hesitating on cloud, largely because of initial regulatory hurdles that banks had to overcome.
The key imperative now is to prioritise which application-based workloads will give more business value once they are on the cloud.
The bank has already reaped returns from its cloud journey.