National Australia Bank will fall short of its 2020 goal of having 80 per cent of its applications in the cloud by 2023, but its technology head says this was always an ambitious target, and it is on track to hit the milestone in mid-2025.NAB chief technology officer Patrick Wright says in three years, the bank will have 80 per cent of its applications in the public cloud.the bank now had 66 per cent of its applications operating on the public cloud.
“We work hard at NAB to give people a break over the holidays. Over the shutdown we turned all of our development and testing environments off. Because it’s cloud, I didn’t pay for it, and we saved $650,000 in 11 days. We also shut down for the Easter weekend,” he said.“Most of our environments aren’t working at night, at 7pm they’re turned off, and at 6am they’re back online, so those 11 hours are free.Mr Wright, with some of NAB’s tech interns.
“I’d love to get down another 50 per cent to 100 per cent. I may not make it, but I may get close. The trick is to stretch the organisation to deliver what we need to.” At the other end of the spectrum is ANZ Bank, which admitted late last month that it had been slower out of the blocks, but was now undertaking the transition to cloud. It said it was on track to hit 50 per cent of its applications in the next 18 months. It will use a mixture of public and private cloud.