Cloud is a buzzword that has been taking circles in the IT world for the past few years. Today, every organization demands more software deployment and significant reduction in the response time. To achieve improvement in efficiency and to utilize the resources better, cloud is the sure shot answer.  Cloud infrastructure is also improving its efficiency, availability and security. People who were looking at cloud with suspicion, are now preparing themselves to adopt the technology in a large scale. Cloud is definitely here to stay. There are 3 types of cloud services in offer, namely public, private and hybrid. In the BFSI sector, as data security is one of the core issues, the tendency towards private cloud preference is obvious.

Johnson K Jose, Deputy General Manager, IT Department, Federal Bank, talks about the benefits of adopting cloud model & preference for private cloud in BFSI sector. To read about his views, visit the following link:

http://ibm.informationweek.in/interviews/item/245-private-cloud-is-the-preferred-flavor-in-the-bfsi-segment.html