How banks drive innovation and business value with cloud

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.

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.