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in financial services


In response to increasing demand and changing market conditions, financial services organizations are rapidly expanding their digital services, moving an increasing number of applications to third-party platforms and services like public clouds. In fact, 45% of financial firms have a multicloud strategy in place and use an average of three public cloud vendors.



As a result, firms’ reliance on third-party vendors continues to grow. By 2025, it is expected that 54% of financial firms’ applications will run in a public cloud,and many organizations already run critical applications in public cloud environments.


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