article thumbnail

What is Cloud Migration? A Quick Guide to Moving to the Cloud

Acuvate

What more evidence does one need that cloud is the future when enterprise cloud spending is increasing at a CAGR of 16% by 2026. Scalability, performance and efficiency – Cloud solutions are easily scalable and can easily accommodate any kind of changes in the workload migration strategy. How to Migrate to the Cloud?

Data 98
article thumbnail

Top 5 Digital transformation use cases for the BFSI industry

Acuvate

from 2021 to 2026, driven significantly by the rapid evolution of digital strategies in the industry and the increasing customer preference for digital banking services. Digital and mobile banking building smarter customer service operations. The Digital Banking Platform Market is expecting growth at a CAGR of 11.2%

article thumbnail

Blockchain: Distributed Shared Ledger Technology in Banking

hackerearth

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. trillion) by 2026. Conduct cost-benefit analysis. Since its inception ten years ago, there has been plenty of hype around blockchain.