Google-Greenwich: Financial firms agree on cloud's ubiquity, but vary widely on use cases
New research highlights predicted growth areas for cloud computing—and the tools it enables, such as AI and machine learning—in the capital markets. Spoiler alert: Google says cloud is becoming as ubiquitous as the search giant itself.
Capital markets firms are increasing their use of cloud computing at an ever-accelerating rate, with the industry planning to consume and deliver more services via the cloud over the next 12 months, according to a survey conducted by Google and research firm Coalition Greenwich. However, how and where buy-side and sell-side firms are using the cloud differs significantly.
For example, while 90% of the buy side is consuming cloud-deployed data in some way, only 67% of sell-side firms currently
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Emerging Technologies
Waters Wavelength
Waters Wavelength Podcast: Episode 254 (Heads in the cloud)
This week, Tony and Shen talk about how firms approach cloud migration projects.
Subscribe to Weekly Wrap emails
Most read
- The surprising industries luring data talent away from Wall Street
- Retooling repo: How Broadridge, Bloomberg, Tradeweb, and JP Morgan are modernizing repurchase agreements
- Waters Wrap: Ion’s fixed income EMS & how tech development theory is changing
- Waters Rankings 2022 Winner's Interview: S&P Global Market Intelligence (Performance and Attribution)
- Firms challenging Cusip file new lawsuit alleging antitrust violations, breach of contract