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NTT DATA Reveals 45% of Banks Are Deploying Generative AI to Facilitate Cloud Migration

February 12, 2024


NTT DATA last Thursday announced a new global banking research report entitled The Digital Horizon: Banking’s Shift from Mainframe to AI-Driven Cloud Infrastructure. The research has unveiled findings from a survey of 650 global banking decision-makers, marking a definitive shift in the sector towards agile and customer-focused banking. Moreover, the survey uncovers a transformative trend: banks are finally pivoting from entrenched mainframe systems to adopt AI and cloud technologies, spurred by the multiple headwinds they face of consumer demands, innovative new market disruption, and the competitive pressures of innovative technological advancements.

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