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November 4, 2021

HSBC signs multi-year deal with CloudBees for software delivery

By Patrick Brusnahan

HSBC has selected CloudBees as its software delivery platform provider, supporting secure banking to its 40 million customers.

Free Report
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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

With the help of CloudBees, the firm can form a unified end-to-end system of record for deploying software into production.

The agreement includes both products and professional services from CloudBees and HSBC can accelerate its transformation to a modernised software delivery system. This can potentially improve productivity for over 23,000 developers.

Furthermore, the agreement utilises all components of the CloudBees platform including continuous integration, continuous delivery, release orchestration, and feature management capabilities. HSBC and CloudBees have worked together since 2015 and the relationship was extended in 2019.

HSBC operates a hybrid cloud environment, both off- and on-premise that requires a powerful and flexible solution that unifies deployments across both platforms.

Expanding the commitment is set to enhance the automation and security landscape, simplify and unify software release automation across the entire HSBC organisation.

“As customers shift more and more of their banking online, software is at the heart of everything we do at HSBC,” said Ian Haynes, CTO shared services and cloud at HSBC.

“We are digitizing the bank and innovating faster to improve the customer experience while prioritising security and compliance. We’ve chosen CloudBees because standardisation and automation across our entire software delivery system will enable our developers to get new digital products and services into our customers’ hands quickly and securely.”

“HSBC is an industry leader and the definition of ‘global enterprise scale.’ It doesn’t get more massive or more complex than the environment at HSBC,” said CloudBees CEO Stephen DeWitt.

“Our fundamental goal is to help HSBC’s customers get the best and most secure banking experience possible and the way we do that is to make room for developers to write and safely deliver the best code possible and eliminate the tasks and interruptions that get in their way.”

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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