Managed Services and Cloud for Financial Industry

April 7th 2014 · 1 min read · cloud, big data
By Victor Yodaiken

The nature of data security is constantly changing for the financial industry. With the ever-growing need for tighter IT infrastructure security and the increasing prevalence of BYOD-friendly workplaces, financial institutions are turning to managed services to help handle these changes. In fact, a TABB Group forecast predicts that by 2016, 50% of financial institutions will be opting for managed services to help account for their IT infrastructure management. Similarly, a survey by TSIA cites managed services revenue today as the fastest-growing in the service line (which includes professional services, support services, and field services). [Onramp]