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Cloud Computing & Virtualization Will Help the BFSI IT Market in India Gain Traction Through 2019: TechNavioTechNavio has published a new market research report on the BFSI IT Market in India, which is expected to post a CAGR of 14.15 percent from 2014-2019. About the Report According to the latest report, there is an increase in adoption of cloud computing and virtualization in the banking, financial services and insurance (BFSI) industry. Financial organizations have started cutting their capital investment and costs associated with maintenance, security and infrastructure by moving the bulk of their IT infrastructures to the cloud. "Cloud computing allows developers to work independently and reduce testing times by accessing software from the cloud directly, even during the development stage," says Faisal Ghaus, Vice President of TechNavio. "Because the software testing team can work independently, these solutions tend to eliminate delays and override issues between product development and testing." Furthermore, virtualization helps BFSI organizations develop an economical cost structure by reducing the need for physical hardware and lowering energy consumption, thus reducing overall infrastructural costs. It also facilitates entralized deployment and management of virtual desktop environments in order to enhance safety measures for desktop access and data sharing over standard network infrastructures. Key Information Covered in the Report:
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