How Banks Can Keep Pace in a Rapidly Evolving Industry August 10, 2022 According to IDC, cloud services spending in the financial services industry is expected to reach $77 billion worldwide by 2024. Many banks and insurance companies are turning to the cloud to help them keep pace with the rapidly evolving financial services industry. Improved security, better compliance, accelerated speed to market, and greater business continuity are just some of the key benefits financial institutions can experience when migrating to the cloud. At Carbon60, we understand the need to stay vigilant about evolving security threats and that data security, privacy, and compliance are key concerns for banks and insurance companies. Our multi-cloud specialists will design, plan, and build a personalized cloud environment to support you in driving sustainable transformation while ensuring increased security and compliance. Learn more about our comprehensive cloud services for the financial services industry.