Operations | Monitoring | ITSM | DevOps | Cloud

Cloud computing can bring many benefits to financial services companies such as increased speed and agility, easier innovation and scalability. It is no wonder then that cloud adoption is set to continue increasing with 54% of financial services companies expected to have more than half of their entire IT footprint in public clouds in the next five years. However, despite the benefits that this can bring for financial services, it also brings a new set of challenges for financial market stability.

IT is now seen as integral to business rather than a cost center ripe for layoffs. Technology, people, and culture are worth protecting during economic contractions. A recent piece in Silicon Angle by Paul Gillin said out loud what I see firsthand: Cloud spending seems immune to budget reductions during contractions in the economy.

Multi-cloud is inevitable. With AIOps, struggling in its complexity doesn’t need to be. Business technology stacks don’t appear out of a vacuum. For the modern cloud-enabled, cloud-dependent company (that is to say, most of them), the look from the inside looks more like an ongoing evolution than a monolithic choice.