$38M Cost Savings: How A Banking Major Transformed Its IT Infrastructure

A leading banking major needed to modernize its IT infrastructure to cut costs and automate operations. Their legacy applications were monolithic and expensive, leading to high infrastructure and licensing costs. Onsite resource dependency further drove up expenses, making scalability a challenge. With 95% of applications running on-premises, the bank faced huge infrastructure and licensing costs. The lack of automation across business and IT functions slowed productivity and increased operational overhead. To stay competitive, they needed a more efficient, automated, and cost-effective solution.