News Snapshot:
Enterprises in the banking, financial services and insurance (BFSI) sector are increasingly adopting cloud-based solutions to minimise risk, maximise output and offer innovative service delivery methodologies to customers. As a result, the cloud computing market in Asia-Pacific is estimated to grow at a compound annual growth rate (CAGR) of 7.7 percent to reach US$191.8bn in 2024, according to GlobalData. “As enterprises in the financial sector continue to embrace digitalisation, they are increasingly emphasising on leveraging and integrating advanced technologies and business models to disrupt financial services offering capabilities across the region,†commented Anshuma Singh, Technology Analyst at GlobalData. An analysis...
