What is the current state of cloud adoption for Financial Applications?
Financial applications have been slower to move to the cloud compared to other domains such as human capital management and procurement. However this is changing, Gartner predicts that within 4 years, 47% of total expenditure on financial management applications will be on cloud applications. That will be up from 30% in 2015.
We have included four reasons why we see this tipping point happening right now.