The future of fintech is cloud, AI, blockchain, IoT, 6G and quantum computing, says Anton Ruddenklau, Global Co‐leader of FinTech at KPMG. Those are the technologies that are fueling the digital transformation and will be central to financial services in the UK and the world going forward.
“All of us know the big job is how to manage it, access controls, security, know what data is where, and how much data you want flowing,” says IBM CEO Ginni Rometty. “We will be number one in what the world calls hybrid cloud.”
Cloud is just getting started says Okta CEO, Todd McKinnon. “We’re still in the early days of cloud adoption,” says McKinnon. “We’re very excited about the runway ahead and the value we can provide, in that context of really… cloud taking over the world.”
The advent of 5G is a big reason OpenX has decided to move to Google Cloud Platform, says OpenX CEO Timothy Cadogan. “When consumers start to move to 5G on their phones and have a very rapid experience, the advertising experience needs to be incredibly compelling.”
“Cloud is really the new normal,” says Scott Mullins, Head of Worldwide Financial Services Business Development at AWS. “If you look across enterprise companies and financial services today, the vast majority are considering cloud as a major part of their IT strategy going forward.”
“We’re massively going for the expansion into this multi-cloud world,” says Björn Goerke, SAP CTO & President of the SAP Cloud Platform. “We strongly believe that the world will remain hybrid for a number of years and we’re going in that same direction with the SAP Cloud Platform.”
We are still in the very early days of cloud adoption in the enterprise says ServiceNow CEO, John Donahoe. Also, something that is often overlooked is that governments are finally embracing the cloud which presents a huge opportunity to all of the big cloud players.
The most important macro trend is a cloud AI service behind every device. It might be any device that you use in your house. Of course, your apps on your phone have AI services behind them eventually, some of them already have AI, but others well.