Tuesday, May 24, 2011

CIOs Say Cloud Computing Pays Off

Leading financial technology executives say they want innovations that allow them to process more data more quickly, cheaply and reliably, a survey has found. One of those innovations they are especially impressed with is cloud computing.

When asked what infrastructure investment areas have yielded the most return on investment (ROI) in the last year, cloud computing received 45 percent of the responses, another 33 percent said low-latency trading and 23 percent said complex event processing (CEP).

About the survey: The Bloomberg survey was taken at Bloomberg LINK's first Enterprise Technology Summit, an invitation-only seminar that brought together more than 100 Chief Information Officers (CIOs) and technology decision-makers from major financial services firms.

Contact: http://www.bloomberg.com/enterprise/

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