Cloud computing is the most disruptive technology for 20 years

The power of cloud computing has shown an unstoppable force, a multitude of advantages and opportunities for both companies and users. So much so that according to KPMG , the cloud computing are positioned as the most disruptive technology that has been in 20 years.

This study comes to this conclusion after delving into the future of investment banking.Draws attention to the need and obligation for financial institutions to abandon their traditional technologies and adopt new tools and resources.

" Investment banking has always been a cyclical business , "says the report. "Powerful forces are altering the investment scenario in banking, in a manner and degree that had never been seen before. The old ways of doing business must change . "

Among the forces to which the report relates, factors and trends as new payment models such as Google Wallet and the rise and importance of the mobile phone are included. But surely, cloud computing is the king who " changed the game continues . "

" Banks are still using legacy systems past date more and more difficult to create and launch new services providing a mobile work and that accommodate geographically dispersed partners and customers and do so as fast as they do their competitors in the cloud . "

As a result, KPMG advises the banking industry to review their operating models, profitability of business units and the creation of industrial processes to improve the use of data.

" Companies that become leaders will be those who are able to adapt their business models and operations model, positioning itself for further growth in revenue by focusing on the needs and changing demands of sophisticated corporate clients . "