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- Title
How Everything-as-a-Service Enabled Judo to Become a Billion-Dollar Bank Without Owning IT.
- Authors
Breidbach, Christoph F.; Joshi, Amol M.; Maglio, Paul P.; von Briel, Frederik; Twigg, Alex; Dickens, Graham; Wünderlich, Nancy V.
- Abstract
Australian Judo Bank executed an "everything-as-a-service" (EaaS) technology strategy and was privately valued at A$1 billion within 12 months of obtaining its banking license. This strategy required orchestrating an ecosystem of external service providers to deliver a secure, scalable, flexible and resilient set of IT services at a small fraction of the "normal" cost of ownership for in-house IT. We describe the benefits and risks of Judo Bank's approach and provide recommendations for others seeking to implement and apply an EaaS technology strategy.
- Subjects
JUDO; BANKING industry
- Publication
MIS Quarterly Executive, 2022, Vol 21, Issue 3, p185
- ISSN
1540-1960
- Publication type
Article
- DOI
10.17705/2msqe.00065