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Director, OpenShift Strategy at Red Hat. Founder of Rishidot Research, a research community focused on services world. His focus is on Platform Services, Infrastructure and the role of Open Source in the services era. Krish has been writing @ CloudAve from its inception and had also been part of GigaOm Pro Analyst Group. The opinions expressed here are his own and are neither representative of his employer, Red Hat, nor CloudAve, nor its sponsors.

2 responses to “Banking Sector Gets More Comfortable With Cloud”

  1. Phil Cox

    Nice article. It shows that people who look at the cloud without emotion can make rational decisions. The cloud is an operational model, for anyone to say “…blah.. will never embrace the cloud” shows a lack of understanding as to what cloud is, as well as why people will consider it.

    As you point out, folks in the financial sector are starting to understand some of the benefits of the cloud model, and they want to leverage those benefits. They will start with more conservative models (e.g., priviate cloud), and I am happy with that decision (make your mistakes at home), then down the road they will figure out where public cloud makes sense.

    Thanks for the post and insight into that industry. Nice to see they are making progress.

  2. Sinclair Schuller

    Krish, good post. We’ve actually seen Apprenda installations strong and well in the financial services sector. They seem to be an aggressive bunch with respect to figuring out how cloud, and interestingly enough, PaaS, fits their IT model. We’ve seen that the scale at which banking IT operates is one of the main drivers of this. We’re excited to see the pace of adoption continually improve.