Abacus in the News

TechRepublic published this feature on the changing role of the CTO

Abacus Group - Nov 18, 2013

A company that manages an investment scheme provides specialist professional services to its clients. It’s a financial company that requires a lot of computing horsepower, but is not a computing specialist. In the past an investment management company needed stacks of expensive hardware and a CTO (Chief Technology Officer - the only executive who can work the projector) to manage it. A small company that does not specialize in computers, but does have heavy IT needs, sounds like a company that is better off migrating to cloud services. What’s happened to all the hardware and that CTO? Are they still there? Or is the hardware in the garbage and the CTO unemployed?

To read more please click the link below.

Turning to IaaS changes CTO role in the financial industry

Topics: Managed Service Providers- News

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