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By migrating to the cloud, companies can eliminate the expense of building and managing on-site data centres while gaining the ability to reduce infrastructure costs and scale up and down rather than paying for excess on-premises capacity. “Cloud is rapidly becoming the norm for large companies, a trend that was accelerated by the COVID-19 pandemic, which prompted a step-change in digital solutions,” said Andrew Baker, Absa Group Chief Technology Officer. “Using the cloud allows us to store much more data cost-efficiently, compared with physical data centres. Cloud has already improved our ability to manage and access data and will enable us to bring products to market faster,” he added. ....