Nutanix helps financial services organizations in Middle East reimagine their Cloud Journey

Nutanix helps financial services organizations in Middle East reimagine their Cloud Journey

DUBAI, UAE: Nutanix, a leader in hybrid multicloud computing, has reiterated its commitment to helping financial services organizations in the Middle East discover the power of hybrid multicloud architecture to enable them to strike a balance between cost, complexity, speed, and scale of operations and generate more revenue.

“A key development in the ‘business of finance’ is that IT isn’t a support function anymore. As a result of the increasing impact and importance of data and analytics, technology has become a strategic asset that drives innovation, scalability, and speed-to-market in financial services,” says Mohamad Makki, Territory Account Manager - Enterprise Accounts at Nutanix. “Nutanix’s third annual Enterprise Cloud Index has found that against the backdrop of the pandemic, hybrid multicloud is the only viable IT model that shows positive growth in the finance industry. As information security and operational resiliency remain at the forefront for financial services organizations, they must look to hybrid multicloud solutions like the Nutanix Cloud Platform with integrated manageability and security, and the ability to quickly move apps among cloud infrastructures cost-effectively.”

Optimizing Setup and Running Costs

Legacy hardware and software are some of the biggest burdens that hinder architecture upgrades in FinServ. Organizations are making do with outdated