The global public cloud service in BFSI market is segmented on the basis of service type, end user, and region. Based on service type, it is bifurcated into infrastructure as a service (IAAS) and platform as a service (PAAS). The end user segment includes banks, trade finance houses, and others. Based on region, the market …
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Public Cloud Service in BFSI Market Research, Forecast, Industry Trends
Cloud is an environment that provides scalable and measurable IT resources and works with virtual components rather than actual physical hardware. Banks opt for cloud technology due to the increase in data input. Reduction in hardware cost as well as flexibility and scalability for availability of data are advantages of adopting cloud technology. Reduction in …
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