By B. Nicoletti
Monetary associations needs to develop into extra cutting edge within the behavior in their enterprise. Cloud computing is helping to accomplish a number of goals: leading edge providers, re-engineered approaches, company agility and price optimization. examine, consultancy perform and case experiences during this booklet think of the possibilities and hazards with seller relationships.
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The costs were 24 percent above the market average. A first phase of a project to consider cloud computing brought the elimination of 13 data centers, virtualizing over 6000 servers and 350 applications. It has cut by 35 percent the number of managers and created new teams for the direct support to internal customers and delivery processes. In early 2011, new business pressures triggered another round of interventions; ING created a private cloud going down to six data centers. It has implemented a virtualization of the servers, desktops, and applications.
The situation reflects the spending habits of the Italians: M The Italians prefer cash, with 90 percent of the transactions settled thus (Source: Bank of Italy 2010) compared to about 80 percent in Europe (Source: ECB, 2010); 24 M M M Cloud Computing in Financial Services There are “only” 25 million Italians with an active card, despite the large number of cards in circulation – 82 million in 2010 (Source: ABI, 2010); The Italians do not use e-money for everyday purchases, as confirmed by the lower number of transactions per inhabitant per year (25 in Italy against 63 on average in the Eurozone) and the high average value per transaction (€80, compared to €52 in the Eurozone) (Source: ECB, 2010); and The value of transactions using payment cards remained stable from 2006 to 2010, between €120 and €130 billion (Source: ECB, 2010).
The status of electronic payments via the mobile sees Italy with a particular placement. It is one of the first countries in the world in terms of penetration of mobile devices – in 2010 there were 48 million users; 44 percent of devices were smart, and there were 16 million mobile Internet users. On the other hand, Italy is among the last (in the Western world) to use electronic payments; there were “only” 25 million users of payment cards, and 90 percent of transactions were still in cash. In 2011, 23 million users (76 percent of Italians between 18 and 54 years) made at least one payment via their mobile.