ARTHUR GOLDSTUCK: Standard Bank fires starter's gun for shift to the cloud
To say Alpheus Mangale understands the benefits of innovation is something of an understatement. Before he became chief information officer of the Standard Bank Group, he ran the South African region for Cisco, the world's leading innovator in connectivity technology. Now he is leading Africa's largest bank into the cloud. This week, Standard Bank announced that it had selected Amazon Web Services (AWS) as its preferred cloud provider, with the intention of moving its production workloads, such as customer platforms and core banking applications, to the cloud. The significance is twofold. First, Standard Bank is the one of the biggest wins yet for the hyperscale data centres coming into SA. These are data centres with a global infrastructure and a vast range of applications available for ad hoc or long-term usage. When an institution the size of Standard Bank opts to move to the cloud, it acts as a starter's gun for the rest of the industry. Especially since it has long been known a...
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