This IDC Presentation analyzes European banking industry findings from IDC's 2018 CloudView Survey. IDC conducted the survey to understand current and future adoption plans for different cloud deployments across industries. The presentation analyzes cloud adoption maturity; public, private, and hybrid cloud adoption trends; cloud deployment types; cloud service provider selection criteria and preferences; and key inhibitors to adoption among European banks.
The survey, conducted in May 2018, was completed by 101 business leaders from small, medium-sized, and large banking organizations spanning the major European countries. Respondents were drawn from C-level, IT, and line-of-business functions. Topics covered include areas within businesses using the technology, for what applications, spending levels, and key drivers and inhibitors.
"Core banking system is no longer a competitive differentiator for European banks. Banking cloud enables them to share IT cost and focus on building unique client experiences," said Martin Stiller, senior research analyst, IDC Europe.
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