Jan Vitt explained that DZ Bank has to go through a lot of effort that is comparable to producing the IT on its own account. So why should you buy the IT outside and have all the burden of controlling and monitoring activities?
Nevertheless DZ Bank has a few examples where it is performing Cloud computing. The bank has internal Clouds in the infrastructure platform services and some experiments with Software-as-a-Service and external public Cloud offerings. Going from there, the Bank gains experience in how it can extend the portfolio of Cloud services for the consumer.
DZ Bank sees the benefit from Cloud computing, especially in the public Cloud offering in that it helps to improve the bank's cost efficiency and reduce time-to-market. Cloud computing makes the bank more agile so that it is able to cope with first demands on capacity. DZ Bank cannot provide this internally so it is trying to drop more and more Cloud computing services in its portfolio.
This is why DZ Bank has looked at personal Cloud computing offerings, including Microsoft Office from Cloud but also Cloud testing capacities, for example, if you do some tests with mass data that are used only for a few days because the bank cannot provide this kind of computing storage power on such a short notice. This is an area where DZ Bank would like to experiment with Cloud offerings.
DZ Bank believes that it has to integrate that in its value chain. Otherwise it would be left behind in the technological development. The bank can improve in the offering of internal private Clouds but it has a natural limit. Beyond that, it has to look at public Clouds also, concluded Jan Vitt.