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This is one of the most exciting and challenging times for banks globally. Because of changes in customer expectations and the burdens of regulatory compliance, risk management, and security, CIOs from banks of all sizes are taking extraordinarymeasures to fundamentally transform the technological underpinnings of their institutions to eliminate constraints to business growth.
Limited budgets and high data growth continue to push IT organizations to do more with less. This can mean a range of things: better integration of on-premises and cloud assets, reduced energy consumption, improved storage efficiency, storage automation, or increased use of cloud-based storage services and outsourcing.
Enterprises are enthusiastically embracing the 3rd Platform, moving beyond initial adoption and into mainstream adoption of technologies that define this era. Meanwhile, new applications and use cases that have been enabled by the 3rd Platform,suchas Internet of Things deployments, edge compute processing, and artificial intelligence algorithms, are increasingly gaining relevance.