Financial companies prefer hybrid cloud for security, flexibility

51% of financial firms plan to invest in hybrid cloud deployment, whereas 18% have already done so, according to Nutanix’s Second Enterprise Cloud Index Report. Flexibility and security are the two biggest concerns while deploying cloud and 27% of respondents believe the hybrid cloud to ensure both. Lack of hybrid cloud skills and cloud-native development skills has resulted in slow adoption so far. Discontent from the public cloud is another reason for the switch.

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