Society relies on technology every day, and it is becoming even more important in business too. Data networks, cloud computing, the internet and fibre optic solutions are all aspects of technology which continue to shape the future of businesses across all sectors.
SSE Enterprise Telecoms are a global organisation that help drive the way businesses use technology and have recently invested their knowledge in helping the investment banking sector. Their latest eBook describes the impact of the megatrends in the investment banking industry on data networks.
The last 30 years has been a turbulent time for the financial sector, what with the shock of the financial crisis, and technology has helped to drive change at an accelerated rate. This eBook by SSE Enterprise Telecoms looks at four megatrends dominating the investment banking industry and these include:
- The trading floor is getting faster
- IT is becoming smarter
- Customers want and demand more
- Compliance is becoming more difficult
Today’s and tomorrow’s investment banking is important and plays a huge part in our future. As does cloud computing. Cloud computing isn’t really a new technology, but it one that is growing at the rate of business.
There have been a number of myths surrounding cloud computing but there is one thing for sure, cloud computing is dramatically improving the overall productivity of business; and time is money.
With the ability of being able to scale it up or down to suit the requirements of any size business, cloud based services are accelerating efficiency and business agility at such a fast pace that it is becoming a necessary part of business growth. Not only does business productivity play a factor, but so does saving on costs which means cloud computing is finally being widely respected as a key technology for the future.
The key thing to consider here is that not only is technology driving businesses forward today, but regardless of your industry or sector, technology will be driving your business tomorrow too.
