Not long ago, Chinese banks were under utilizing Cloud computing compared to other countries. But now the industry appears to be making strides as Chinese banks begin to collaborate with local and international technology companies to use Cloud services.
In this report, Cloud Computing in Chinese Banks: Challenges and Opportunities 2015-2016, The Dragon Banker offers a
sophisticated and critical analysis of the state of Cloud computing in Chinese banks. While these massive banks were first relatively slow at the beginning by taking a cautious and skeptical approach to Cloud computing, adoption towards using virtual environments to run applications, outsource infrastructure, and enhance security and reduce long-term cost has accelerated.
This report evaluates the proliferation of cloud computing in all layers from Chinese banks, from the Big Four, to
commercial and rural banks based on extensive interviews, field research, and a survey with these banks and technology
companies. It identifies issues and regulations within the Chinese banking industry, and it delves into spending habits
of major banks, the capabilities of local IT vendors, and the factors that are driving the adoption of cloud solutions.
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This report is designed for the following decision makers::
• Leading technology firms and service providers who are seeking to explore Cloud computing opportunities within Mainland China and to evaluate
their competitors’ presence in the country
• Forefront management consultants who need further understanding of China’s Cloud computing solutions and the banks IT spending
•Researchers and executives who need deep insights into China’s Cloud computing capabilities