Nutanix Announces Findings of Financial Services Enterprise Cloud Index Survey and Research
The financial services industry is gearing up for a significant shift towards hybrid multicloud computing, according to the latest findings from Nutanix’s sixth annual global Financial Services Enterprise Cloud Index (ECI) survey. The report reveals that while current adoption of hybrid multicloud deployments remains steady, there is a projected 3x increase in adoption over the next three years, making it the leading IT model in the sector.
One of the key drivers for this shift is the increasing focus on data security and ransomware protection, with 99% of financial services respondents reporting experiencing a ransomware attack in the past three years. This has led to a growing emphasis on implementing AI strategies to enhance decision-making and customer experiences.
The appeal of hybrid multicloud architecture lies in its ability to offer diverse cost, billing, and deployment options, allowing digital enterprises to enhance application performance, bolster security, accelerate time to market, and optimize IT expenditures.
Lee Caswell, SVP Product & Solutions Marketing at Nutanix, highlighted the importance of hybrid multicloud adoption in light of heightened cybersecurity risks and new regulatory requirements like the EU’s 2025 Digital Operational Resilience Act (DORA). The report also sheds light on current cloud challenges faced by financial services decision-makers, including cybersecurity, AI investment, and managing overall costs.
Overall, the findings from the Financial Services ECI report underscore the industry’s evolving approach to cloud adoption and infrastructure priorities, with a strong focus on cybersecurity, AI, and cost optimization. As financial enterprises continue to navigate the complex landscape of IT infrastructure, the move towards hybrid multicloud computing is poised to play a central role in shaping the future of the industry.