Legacy systems continue to hinder the advancement of banks, with a substantial 82% still relying on outdated technology, according to a 2023 report by Celent. These outdated systems present numerous challenges, including limited innovation, escalating costs, and heightened security vulnerabilities. This underscores the pressing need for modernization. Enter the cloud—a compelling solution offering scalability, enhanced security, and significant cost savings. IDC research suggests that the global banking sector could save up to $20 billion annually by embracing cloud computing, with a Total Cost of Ownership (TCO) around 50% lower than conventional IT systems. However, a mere migration to the cloud falls short. Join us at Bytes and Brews to explore how a strategic partnership with Hitachi Vantara and a data-driven approach can transform banks into data powerhouses, unlocking personalized experiences, stronger risk management, and innovative financial products.

Audio -From Brick - And - Mortar To Data Powerhouse The Cloud Transformation Blueprint For Banks

Organizations are drowning in data, but 60-73% remain trapped in isolated, inaccessible silos, gathering dust instead of driving strategic decisions. These hidden insights are the key to unlocking your company's full potential! Enter Self-Service Data Management (SSDM), the revolutionary approach that breaks down data silos and empowers data owners to leverage its power. SSDM fosters a culture of data ownership, making data analysis accessible and putting valuable insights at everyone's fingertips. This episode of Bytes and Brews dives deep into a 5-step plan to transform your enterprise into a data powerhouse. We'll show you how to empower teams, build a secure foundation, and foster a data-driven future – all within your organization.

The Trust Equation: How Self-Service Data Management Builds Trust and Enables Better Decisions

Introducing Bytes and Brews, the podcast where we break down the latest happenings in tech and data.

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