Barclays' own cloud technology 'will slash 90 per cent of IT costs'

Sooraj Shah
clock

Bank is also starting to use the Linux operating system

Barclays will reduce its IT spending by billions of pounds through the development of its own cloud-based technology, The Sunday Times claims. The Sunday Times reported that the firm could reduc...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
'Levelling up cybersecurity is a team effort,' says Jacob DePriest of GitHub

Open Source

But security starts with developers, and AI isn’t going to replace them

clock 09 May 2024 • 5 min read
Microsoft: last year we tracked 200 major threat actors, now it's 300

Security

Microsoft chief security adviser Sarah Armstrong Jones calls for more collaboration on AI and security

clock 07 May 2024 • 2 min read
Microsoft vows to overhaul security, tie executive pay to performance after string of breaches

Security

'We are making security our top priority at Microsoft'

clock 07 May 2024 • 3 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Finance and Reporting

Microsoft, Google and Snap report strong quarterly results, IBM and Intel less so

Microsoft, Google and Snap report strong quarterly results, IBM and Intel less so

Microsoft and Google see AI investments bearing fruit

John Leonard
clock 26 April 2024 • 4 min read
Capita reports £107mn annual losses, blames cyberattack

Capita reports £107mn annual losses, blames cyberattack

Capita's share price plummeted 54% since the attack

clock 08 March 2024 • 2 min read
Salesforce's Benioff: 'This must be the year of Data Cloud'

Salesforce's Benioff: 'This must be the year of Data Cloud'

Makes light of customer's AI bungle, as Q4 profits up 10%

Wade Tyler Millward
clock 29 February 2024 • 8 min read