How is cloud transformation taking place in the financial services (FS) sector? What benefits are FS companies leveraging from cloud adoption? Our report explores the state of cloud transformation of financial institutions in the CEE region, including their cloud maturity, the barriers they face and the measurable value they have achieved or target. Among financial services companies in CEE, 40% have integrated cloud solutions into all or most parts of their business. Furthermore, 8% perceive their current cloud maturity as high and 32% as medium. A key overall impression from the survey FS firms are still at the beginning of their cloud transformation journey, which has to surpass mere operational migration and find a balance between technology and business goals. Learn more about cloud adoption in financial services companies: https://lnkd.in/eTpDv9Ku #FutureofCEE #cloud #transformation #FinancialServices Mariusz Chudy, Przemysław Galiński, Przemek Paprotny, Jeffery McMillan, Marta Laskowska, Magdalena Jakubaszek, Adam Harackiewicz
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If you want to stay updated with the latest trends in the Cloud Business, don't miss the upcoming PwC CEE Cloud Survey Webcast. When: Thursday, 15 June 2023, 10:30-11:30am CET PwC’s CEE 2023 edition of Cloud Business Survey tracks the responses of 389 Technology and Business leaders from seven Central and Eastern European countries across a range of industry sectors. Through this survey they aim to provide a deeper understanding of how cloud adoption is happening in Central and Eastern Europe, as well as where we can find areas to leverage benefits and identify risks to prepare for challenges. You can register here - https://lnkd.in/de9QDEF7 #cloud #business #technology #pwc #survey #cloudtechnology
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Cloud transformation in the Technology, Media and Telecommunication (TMT) sector in CEE is occuring at its own pace. Although the cloud maturity of TMT companies in the region is relatively low, organisations understand the importance of cloud adoption. Here are a few cloud insights from the TMT industry in CEE: ▪ 35% of companies have adopted cloud in all or most parts of their business, but only 3% are of high maturity. ▪ Budget constraints, limitations of technology capabilities and talent gaps are considered the major obstacles to achieving measurable value from cloud. ▪ 40% of organisations plan to focus more on cloud-native development. Find out more insights here: https://pwc.to/3PN53Ul #FutureofCEE #cloud #transformation #TMT #technology
Future-proofing the industry: Cloud transformation in the Technology, Media and Telecommunications sector in CEE
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"Cloud capabilities play a crucial role in accelerating the global economy’s next stage of digital transformation. Results from our 2023 Global Cloud Ecosystem survey of executives indicate there are two stages of cloud maturity globally: one where firms adopt cloud to achieve essential opex and capex cost reduction, and a second where firms link cloud investments to a positive business value. Respondents indicate the two are converging quickly".
2023 Global Cloud Ecosystem
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Head of Cloud Engineering Practice | PwC CEE Cloud & Digital Director | Cloud Computing | Transformation | Consulting
👉 CEE edition of the Cloud Business Survey 👈 I'm super excited to announce that it is available right now. 👉 It is one of the biggest cloud reports in Central and Eastern Europe to date (almost 400 responses 💪 ), and we are looking forward to using its useful findings. What you'll find there 👇 👉 What is the state of cloud transformation in CEE? 👉 How are CEE companies leveraging the benefits of cloud adoption? 👉 What are the main barriers to achieving measurable value from cloud technology? 👉 Answering these and many more questions concerning adopting cloud technologies in our region was the aim of our CEE edition of Cloud Business Survey. Now the report is out, and you can browse the results and discover the insights which can help you plan or support your cloud transformation journey: https://pwc.to/45aNVOl #PwC #Futureofcee #cloud #report #cloudtransformation Mariusz Chudy Gabriel Voicila Petr Lozek Przemysław Galiński Ernest Orlowski Mariusz Strzelecki ☁ Piotr Orzyłowski ☁ Maciej Nogas Maciej Pogoda Wiktor Witkowski Vaclav Urban Jeffery McMillan Marta Laskowska
Cloud Business Survey - CEE edition
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Cloud transformation in the Technology, Media and Telecommunication (TMT) sector in CEE is occuring at its own pace. Although the cloud maturity of TMT companies in the region is relatively low, organisations understand the importance of cloud adoption. Here are a few cloud insights from the TMT industry in CEE: ▪ 35% of companies have adopted cloud in all or most parts of their business, but only 3% are of high maturity. ▪ Budget constraints, limitations of technology capabilities and talent gaps are considered the major obstacles to achieving measurable value from cloud. ▪ 40% of organisations plan to focus more on cloud-native development. Find out more insights here: https://pwc.to/3PN53Ul #FutureofCEE #cloud #transformation #TMT #technology Jim Klein Mariusz Chudy
Future-proofing the industry: Cloud transformation in the Technology, Media and Telecommunications sector in CEE
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Check out our CEE edition of the Cloud Business Survey to discover the latest trends in the region. For example, we found that only 35% of companies in CEE have adopted cloud in all or most parts of their business (vs 78% in the US), But 43% plan to be all-in on the cloud in the next two years, and additional 44% expect to move at least half of their operations into the cloud. Local businesses understand that the need for transformation is urgent and are ready to take action. The future of CEE is inseparably connected with developing its digital potential. Although there is a gap between CEE and Western economics in the implementation of some digital technologies, cloud adoption can give a strong impetus for companies in the region to catch up and even surpass their counterparts around the world. Discover more results in our report: https://pwc.to/42OU0hL #FutureofCEE Mariusz Chudy, Gabriel Voicila, Petr Lozek, Przemysław Galiński, Paweł Kaczmarek ☁, Vaclav Urban, Jeffery McMillan, Marta Laskowska
Cloud Business Survey - CEE edition
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CEE Cloud & Digital Leader | CEE Alliances Leader at PwC
2moFinancial Services industry is one of the most mature cloud adopters inspite of heavy regulations and high level of risk awareness