Google Exec: Regulators Insisting on Multi-Cloud for Financial Firms
As regulators fear vendor lock-in and concentration among cloud providers, Google Cloud pushes its Anthos platform.
Google Cloud is seeing demand from the financial sector for software that allows its clients to manage workloads on rival clouds like Amazon Web Services and Microsoft’s Azure, as regulators are increasingly focused on pushing multi-cloud strategies, says Adrian Poole, head of financial services for UK and Ireland at Google Cloud.
Authorities fear that vendor lock-in would hinder portability of services in the event of operational disruption of a major cloud provider, concerns that have shown
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