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Podcast

How banks drive innovation and business value with cloud

Part of the On Cloud Podcast series

For banks, cloud adoption is increasing, but their motivation is changing. Now it's about enhancing the customer experience and increasing business value. Cloud-enabled technologies like machine learning are a big reason for the shift.

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For banks, cloud is a powerful driver of innovation and business value

Cloud adoption continues to grow among banking institutions, but their reasons for implementing cloud are evolving. In this episode, David Linthicum talks with AWS’s Charith Mendis about how many banks now view cloud—and cloud-enabled technologies such as machine learning—as drivers of innovation, enhanced customer experiences, and increased business value. They are also making investments in initiatives that return the most value. 

 

Value then drives the right behavior and then the right approach to actually leveraging the cloud to deliver value.

Charith Mendis is the head of worldwide banking market development at Amazon Web Services (AWS). He works with customers to help them transform their existing businesses and bring innovative solutions to market.

 

 

Innovation, culture, and confidence drive higher cloud value

What do companies that achieve cloud success do differently? It comes down not to how much money they spend, but what they spend it on. Cloud leaders spend on innovation, and they use technology as a force multiplier.

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Matching cloud costs to need: Using FinOps for more effective cloud governance

Using FinOps to more effectively govern cloud usage and match cost to need to value can help organizations avoid potentially costly reactions, such as overprovisioning.

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Cloud, in context

Cloud is more than technology. It’s about making cloud work for your business. Our hosts, David Linthicum and Mike Kavis, deliver their unique perspectives around the technology, business, and culture of cloud to help you achieve your cloud goals. Topics range from an enterprise-level, strategic look at cloud to practical information on the people, processes, and technology that can make cloud work better for your organization.

David is a top cloud influencer and author of 13 books plus thousands of articles on cloud. Mike is the author of two books, including the recently published Accelerating Cloud Adoption, and won the 2010 AWS Global Startup Challenge. They know cloud. Listen to the Deloitte On Cloud podcast to get the information you need to achieve your possible with cloud.

Contact us at cloud@deloitte.com for information on this or any other On Cloud podcasts.

Or visit the On Cloud library for the full collection of episodes.

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Deloitte On Cloud podcast

Reimagining what cloud computing can do for business