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CLOUD COMPUTING

KEY VENDOR : AMAZON CEO : MATT GARMAN PLATFORM : AMAZON WEB SERVICES

Cloud adoption is revolutionising financial operations , offering unprecedented scalability , costefficiency , and enhanced collaboration . CFOs must carefully evaluate the benefits and risks of migrating financial systems to the cloud , considering critical factors such as data security , regulatory compliance and integration with legacy systems .

The shift towards cloud-based solutions enables real-time financial reporting and analytics , facilitating more agile decision-making . On the other hand , cloud computing can become much more expensive than on-premise servers when used at scale . Matt Garman , CEO ,

Amazon Web Services

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What is Cloud Computing ?

42 January 2025