2014 cloud technology and it outsourcing trends

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ABOUT THE SURVEY

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Q What cloud models are you familiar with?

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Q Which (IT) service(s) is your institution currently outsourcing?

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Q What percentage of your IT assets is currently delivered from the cloud?

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Q What benefits have your institution experienced by implementing cloud technology and/or services?

• Improved disaster recovery – 39.5%

• Simplified management – 33.9%

• Reduced cost – 29.8%

• Flexibility – 29.8%

Highest-rated areas of benefit:

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QContinued…

• Security/reduced risk – 117% increase over 2013 rating

• Improved cost predictability –106% increase over 2013

• Agility – 203% increase over 2013 rating

Largest percentage growth in

rating:

• Security/reduced risk – 28.2%, a 15.2% increase over 2013

• Reduced cost – 29.8%, a 13.6% increase over 2013

• Agility – 18.6%, a 12.4% increase over 2013

Largest numerical

increases in rating of benefit:

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Q What are your greatest concerns with migrating your systems and services to the cloud?

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Q With respect to security/compliance in the cloud, please select your primary concerns.

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Q Has an examiner or auditor provided any guidance on the use of cloud services within your financial institution?

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View it Today:Click ahead to see how banking in the cloud works and what it means to financial institutions like yours.

-then-Go on to see how to download

the white paper.

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Executive Report: 2014 Cloud Technology

& IT Outsourcing Trends

Get the Full Reporthttp://www.csiweb.com/Resources/Overview/WhitePapers.aspx

This annual report summarizes the findings of CSI Managed Services' survey of how financial institutions are using cloud technology and IT outsourcing.