According to a survey among Asia-Pacific banks, 45 percent of top banks across the region have moved digital channel workloads to the predominantly private cloud. The same survey indicated that 53 percent had an intermediate level of private and public cloud adoption.
State of innovation in banks in the Asia Pacific region in 2018
Characteristic
Share of respondents
Digital channel workloads have moved to the cloud (predominantly private) in top banks
45%
IT budget is allocated by top banks to 'new technologies' such as cognitive/AI and mobility
22%
Banks scored close to the standard of market leaders in innovation
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Finastra. (October 29, 2018). State of innovation in banks in the Asia Pacific region in 2018 [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1077166/apac-state-of-innovation-in-banks/
Finastra. "State of innovation in banks in the Asia Pacific region in 2018." Chart. October 29, 2018. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1077166/apac-state-of-innovation-in-banks/
Finastra. (2018). State of innovation in banks in the Asia Pacific region in 2018. Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1077166/apac-state-of-innovation-in-banks/
Finastra. "State of Innovation in Banks in The Asia Pacific Region in 2018." Statista, Statista Inc., 29 Oct 2018, https://www.statista.com/statistics/1077166/apac-state-of-innovation-in-banks/
Finastra, State of innovation in banks in the Asia Pacific region in 2018 Statista, https://www.statista.com/statistics/1077166/apac-state-of-innovation-in-banks/ (last visited June 18, 2024)
State of innovation in banks in the Asia Pacific region in 2018 [Graph], Finastra, October 29, 2018. [Online]. Available: https://www.statista.com/statistics/1077166/apac-state-of-innovation-in-banks/