Nearly 50% of respondents to IDC's 2020 Cloud Database Migration and Architecture Survey say they have not moved their data warehouse to the cloud because they have concerns about training users in the new environment.
With the right partners and migration strategy in place, this is no longer a concern.
Important insights are hidden in customer data that banks and financial services institutions are collecting. But if data remains siloed in separate business lines, these insights cannot be used to create a better customer experience. Moving the data warehouse to cloud is the best way to collect information from multiple sources to gather a 360-degree view of customers and suggest relevant service offerings.
Download the report by Jerry Silva, Program Vice President, IDC Financial Insights, to learn how banks and financial institutions can modernize their data warehouse with minimal disruptions to business operations.
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