CIF Report


New research, from the Cloud Industry Forum (CIF), finds financial services organisations are using more cloud-based services than ever before though skills shortages and security concerns are inhibiting progress. The research surveyed 250 IT and business decision makers from UK-based financial services organisations-focusing on companies with 50 employees or more that had average IT procurement budgets of £8 million per year--and found although 78% of financial services business have a digital transformation strategy, 64% stated that they lack the skills they need for successful implementation.

As businesses across the world carry out cloud transformation, this report uncovers the four things digital-first enterprises must do to be successful.

In this Report, you will learn:

  • Digital transformation taking hold in financial services
  • Cloud adoption accelerating
  • Cloud fueling uptake of next generation technologies
  • Barriers to adoption

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