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TECH BUYER Jul 2019 - IDC Perspective - Doc # US45341619

Adoption of Public Cloud in Global Banking: Findings from IDC's Industry CloudPath Survey, 2019

By: Jerry SilvaResearch Director, Global Retail Banking

Table of Contents

Executive Snapshot

Figure: Executive Snapshot: Public Cloud Adoption in Global Banking

Situation Overview

A Shift from Small Deployments to Larger Ones

Figure: Current and Planned Use of Public Cloud Solutions to Support Production Workloads and Services, 2018 and 2019

The Shift from SaaS to PaaS and IaaS

Figure: Current and Planned Public Cloud Usage by Deployment Model

A Marked Decrease in Noncloud Spending at the Bank

Figure: Budget Allocation for Public Cloud Services in 2018 and 2019

Global Spending on Public Cloud by the Banking Industry Growing at 22.5%

Figure: Worldwide Public Cloud Services Revenue, 2017–2022

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