1、Cloud Computing:A Boardroom ViewOctober 2023By Luc Grimond,Martin Beyer,Andy MaguireBoston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities.BCG was the pioneer in business strategy when it was founded in

2、 1963.Today,we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholdersempowering organizations to grow,build sustainable competitive advantage,and drive positive societal impact.Our diverse,global teams bring deep industry and functional expertise and a

3、range of perspectives that question the status quo and spark change.BCG delivers solutions through leading-edge management consulting,technology and design,and corporate and digital ventures.We work in a uniquely collaborative model across the firm and throughout all levels of the client organizatio

4、n,fueled by the goal of helping our clients thrive and enabling them to make the world a better place.Cloud computing provides an opportunity for banks to enhance their information technology(IT)services,acting as a powerful engine for business model innovation.It paves the way for a resilient,adapt

5、able digital infrastructure,unlocking substantial benefits.This automated computing model offers on-demand,scalable resources and services over a network,typically provided by third-party companies to multiple customers simultaneously.In a rapidly digitalizing world,this model brings continuous inno

6、vation,enhanced resilience,and scalability.It enables banks to efficiently and cost-effectively adopt new functionalities without heavy investment.At the same time,its flexible pricing and ongoing security enhancements make it an adaptive solution for the banking ecosystems unique operational needs.