It’s official: Cloud is the most disruptive force for 20 years
May 12, 2014
Grazed from ITProPortal. Author: Emily Garthwaite.
Cloud computing is one of the most disruptive forces in business in 20 years, according to a study by professional services firm KPMG. The research investigated the future of investment banking to come to this conclusion and warned that financial institutions need to move away from tradition and start embracing new technologies. “Investment banking has always been cyclical business,” claims the report.
“Powerful forces are altering the investment banking landscape in a manner and degree never before witnessed. The ‘old ways’ of doing business need to change,” it adds. Such forces include factors and trends affecting the sector, such as new payment models like Google Wallet and the rise of mobile…
The research however highlighted the arrival of cloud computing as a particularly disruptive technology, claiming it “continues to change the game.” “Cloud computing is proving to be one of most disruptive forces in business in the past 20 years,” it says…
Read more from the source @ http://www.itproportal.com/2014/05/12/cloud-most-disruptive-force-for-20-years/#ixzz31VJXJgAd
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