"As companies race to adapt and implement generative AI, they need to be mindful that there will be no future AI benefits to be realized without cloud-enabled systems," Ravi Khokhar, global head of cloud for financial services at Capgemini, said in a release. Credit: VICHIZH/Adobe Stock
A strong majority (91%) of insurance companies and banks have started moving their core business applications to the cloud, but few are leveraging cloud computing at a scale to reap its full benefits, according to Capgemini Research Institute. More than half of the companies surveyed have moved just a fraction of these core applications to the cloud.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
