Reporting by Chavi Mehta in Bengaluru; Editing by Anil D’Silva Multi-cloud enables flexibility and also allows businesses to off-load some of the heavy costs of running their own data centers by renting public ones. Our Standards: The Thomson Reuters Trust Principles.
The move makes Wells Fargo the latest big bank to use third-party data centers for cloud-related services. As part of its new digital infrastructure strategy, the company will also move towards some third party-owned data centers, as it aims to rely predominantly on public cloud in the longer term, it said.
The company did not disclose the financial details of its agreement with Microsoft and Google. While Microsoft’s Azure will serve as the bank’s primary cloud provider, Google Cloud will provide additional business-critical public cloud services.
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