Though cloud technology has become increasingly popular, capital market firms face many challenges on the correct implementation of this new technology. According to a global survey conducted in 2021, approximately 42 percent of industry experts noted that they faced difficulty in deciding the best technology options. An absence of enterprise-wide strategy and roadmap was the biggest block to cloud implementation, as noted by 48 percent of experts. While this might be the case, respondents also agreed that cloud technology has many benefits.
Leading obstacles to cloud implementation facing capital market firms worldwide in 2021
The survey group consisted of C-level executives and decision-makers from 11 different industries. The source does not specify the number of capital market experts surveyed.
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ThoughtLab. (February 28, 2022). Leading obstacles to cloud implementation facing capital market firms worldwide in 2021 [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1322082/cloud-implementation-obstacles-capital-market-firms/
ThoughtLab. "Leading obstacles to cloud implementation facing capital market firms worldwide in 2021." Chart. February 28, 2022. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1322082/cloud-implementation-obstacles-capital-market-firms/
ThoughtLab. (2022). Leading obstacles to cloud implementation facing capital market firms worldwide in 2021. Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1322082/cloud-implementation-obstacles-capital-market-firms/
ThoughtLab. "Leading Obstacles to Cloud Implementation Facing Capital Market Firms Worldwide in 2021." Statista, Statista Inc., 28 Feb 2022, https://www.statista.com/statistics/1322082/cloud-implementation-obstacles-capital-market-firms/
ThoughtLab, Leading obstacles to cloud implementation facing capital market firms worldwide in 2021 Statista, https://www.statista.com/statistics/1322082/cloud-implementation-obstacles-capital-market-firms/ (last visited October 02, 2024)
Leading obstacles to cloud implementation facing capital market firms worldwide in 2021 [Graph], ThoughtLab, February 28, 2022. [Online]. Available: https://www.statista.com/statistics/1322082/cloud-implementation-obstacles-capital-market-firms/
