For more about Deloitte Analyst Relations, please visit our Analyst Recognitions page, Analysis Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. All rights reserved. Retail banks are seeking digital-first architecture and cloud readiness for their core to innovate at speed and quickly scale as they grow, said Vikram Gupta, group vice president, Banking Engineering, Oracle Financial Services. Join Us The report assesses core banking vendors based on the multicurrency products they offer for a banks financial transaction management in retail banking.* The report evaluated a total of five vendors and narrowed its criteria from previous years. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. Overviews We are energized by the trust Deloitte clients have placed in our ability to shape and lead their cloud transformations and by our ability to show up with deep domain specialization, an engineering first mindset and an ability to drive meaningful impact rapidly. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. SMX CEO Peter LaMontagne commented, We continue to be driven by our clients call for digital transformation services that are as flexible, scalable, and secure as the cloud platforms on which they are built. Public cloud has become integral in modernizing IT environments to increase agility, resiliency and operational efficiency while delivering exceptional experiences to customers, partners, and employees alike. Gartner research publications consist of the opinions of Gartners Research & Advisory organization and should not be construed as statements of fact. This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. Subscribe: Community newsletter All rights reserved. In the 2022 Gartner Magic Quadrant, AWS is recognized as a Leader and has been placed highest on Ability to Execute. Please see www.deloitte.com/about to learn more. Deloittes capabilities were also recognized in Public Cloud IT Transformation Services, Critical Capabilities by Gartner with the highest scores in the Use Cases: Agile Migration, Enabling, Monitoring and Optimization, and Knowledge Share. GartnerMagic QuadrantTMfor Public Cloud IT Transformation Services, by Analyst(s): Mark Ray, Tobi Bet, David Groombridge, Craig Lowery, DD Mishra, William Maurer. DTTL (also referred to as Deloitte Global) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. Leaders execute well against their current vision and are well positioned for tomorrow. Q&A and interviews HERNDON, Va., July 27, 2022 (GLOBE NEWSWIRE) -- SMX, a leading and innovative provider of solutions in Public Cloud IT Transformation, today announced that Gartner has positioned the companyas a Visionary in the 2022 Magic QuadrantTM for Public Cloud IT Transformation. Gartner research publications consist of the opinions of Gartners research organization and should not be construed as statements of fact. In this report, discover why Gartner positioned AWS as a Leader based on its ability to execute and completeness of vision. We are thrilled that Gartner recognized us again, and we are proud of our ability to leverage cloud as a force multiplier for our clients and for the industries we serve, said Ranjit Bawa, US Cloud Leader, Deloitte Consulting LLP. GARTNER and Magic Quadrant are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. SMX is known for being in cloud modernization, delivering highly secure digital transformations through cloud-enabled solutions across the full life cycle of infrastructure, data, and mission applications with expert architecture, secure managed services, and integrated resale platforms. Oracle, Java, and MySQL are registered trademarks of Oracle Corporation. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. I wish to be contacted by a HCL representative over phone*. All rights reserved, Gartner Magic Quadrant for Public Cloud IT Transformation Services, Public Cloud IT Transformation Services, Critical Capabilities by Gartner, second year in a row that this report has recognized Deloitte as the Leader. By providing your contact information and clicking 'submit', you authorize HCL Technologies to store your contact details and contact you with information on case studies, whitepapers, events, webinars, newsletters, announcements and other relevant updates. SMX Executive Vice President Robert Groat states, Our vision, which we feel is validated once again by the recognition from Gartner, is to provide the most flexible, secure, and highly automated set of integrated services that enable our customers to focus on adding value to their offerings., SMX has embraced a new model of agile professional service delivery dubbed Squads and Pods. This model is based on Site Reliability Engineering (SRE) principles of continuous improvement, increased observability, and hyper automation. Challengers execute well today or may dominate a large segment, but do not demonstrate an understanding of market direction. For the 2nd consecutive year, Gartner has recognized HCL Technologies as a Leader among the 20 companies considered. All rights reserved. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. Download the full 2022 Gartner Magic Quadrant for Public Cloud IT Transformation Services to receive: In 2022, Gartner assessed 20 vendors and each on their ability to execute and completeness of vision for Public Cloud IT Transformation Services. GartnerMagic QuadrantTMfor Public Cloud IT Transformation Services Gartner Magic Quadrant for Public Cloud IT Transformation Services was previously called the Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services worldwide. And we believe you can use the report as an essential primer when assessing cloud AI developer services providers as the market continues to evolve. July 27, 2022 08:00 ET Oracle Banking helps banks jump-start digital transformation so they can stay relevant, competitive, and compliant in the fast-evolving banking industry. Startup profiles For the 2nd year in a row, HCL Technologies has been named a Leader in the 2022 Gartner Magic Quadrant for Public Cloud IT Transformation Services. All rights reserved. We believe, this recognition by Gartner underscores our continued dedication to provide our customers with a path to accelerate digitization and prepare for whats next in banking.. Deloitte was also positioned as a Leader in the Gartner Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide in 2020 and 2019. Understand cloud AI developer services and develop a point of view that can be shared among IT professionals, business leaders, and developers from cloud-native startups to large-scale enterprises. Partner With Us Copyright 2022 HCL Technologies Limited. We also believe that the recognition from Gartner validates our strategic direction., SMX has created the premier next generation Digital Transformation Platform specifically designed for highly regulated industry customers that require mission success at scale. An optimal mix of persona-driven digital self-service and assisted engagement capabilities, AI and automation-powered product and core operations coupled with an architecture that is anchored on microservices equips banks for whats next in a fast-evolving retail banking industry. All rights reserved. Visit our Careers page or our Developer-specific Careers page to learn more. As we continue to lead Deloitte clients through their digital transformation strategies to unlock innovation, we remain committed to investing in cloud, modern engineering and delivery and next-generation technologies to uniquely position clients to thrive in the digital economy, said Sam Balaji, Deloitte Global Consulting Leader. GARTNER and MAGIC QUADRANT are registered trademarks and service marks of Gartner, Inc. and/or its affiliates and are used herein with permission. SMX has established itself as a trusted provider that serves customers with demanding requirements for compliance and security to include the U.S. federal government. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Download a complimentary copy of the 2022 GartnerMagic Quadrantfor Public Cloud IT Transformation Services report. Once you submit the form, you'll receive an email verification link to confirm your subscription, Travel, Transport, Logistics & Hospitality, Actian Avalanche Hybrid Cloud Data Platform, A comprehensive, unbiased review of 20 vendors including completeness of vision and ability to execute, Gartners evaluation of strengths and cautions for each vendor, Reasons why HCL Technologies has been named a Leader for the 2. Oracle has been named a Leader in the 2022 Gartner Magic Quadrant for Global Retail Core Banking. Thought leadership Oracle helps banks accelerate time-to-market, improve business agility, redefine customer service and engagement, and lower operating costs. Click here to return to Amazon Web Services homepage. Our expansive capabilities globally, which embody our collaborative, client-first mentality, are reflected in Deloittes positioning in this report.. Available on the secure, scalable Oracle Cloud Infrastructure or on premise, Oracle Banking Suite offers a complete retail banking solution suite that provides next-evolution capabilities from a modern core to comprehensive business processes to an intuitive and engaging digital experience. Opinion Gartner research publications consist of the opinions of Gartners research organization and should not be construed as statements of fact. Gartner, Magic Quadrant for Cloud AI Developer Services, Van Baker, Svetlana Sicular, Erick Brethenoux, Arun Batchu, Mike Fang, 23 May 2022. DTTL does not provide services to clients. In 2020, Gartner decided to retire the Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide report. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Amazon Web Services (AWS) is a dynamic, growing business unit within Amazon.com. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. 2019, Amazon Web Services, Inc. or its affiliates. But successfully planning and executing this move to the cloud is a complex endeavor prompting enterprises to search for exceptionally qualified partners. SMX. The Gartner document is available upon request from HCL Technologies. All rights reserved. NEW YORK, July 27, 2022 /PRNewswire/ Gartner, one of the worlds leading information technology and advisory companies, has positioned Deloitte as the Leader with the highest Ability to Execute and furthest Completeness of Vision in its July 2022 report titled, Gartner Magic Quadrant for Public Cloud IT Transformation Services. Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. SMX delivers scalable and secure solutions combined with the mission expertise needed to accelerate outcomes for the Department of Defense, Intelligence Community, Public Sector, Fortune 1000 and other public and private sector clients. Visionaries understand where the market is going or have a vision for changing market rules, but do not yet execute well. https://www.gartner.com/reprints/?id=1-292ZD0FF&ct=220210&st=sb, https://www.oracle.com/at/industries/financial-services/banking/flexcube/. Groat adds, The SMX Digital Platform is the first platform built for SREs. Gartner Magic Quadrant for Public Cloud IT Transformation Service, 20 July 2022. For more information on our services, please visit https://smxtech.com. Amazon Web Services is an Equal Opportunity Employer. Subscribe: Daily Telegram updates, Deloitte Named a Leader in 2022 Gartner Magic Quadrant for Public Cloud IT Transformation Services, 2022 TechNode Global. Download a complimentary copy of the 2022 GartnerMagic Quadrantfor Public Cloud IT Transformation Services report to learn more. In our opinion, traditional labor-based models are disappointing clients, so our next gen delivery model approach is resonating across all markets. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories. GARTNER and Magic Quadrant are registered trademarks and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. | Source: News About SMXSMX is a leader in next-generation cloud, C5ISR, and advanced engineering and IT solutions operating in close proximity to clients across the U.S. and around the globe. This is the sixth consecutive year SMX has been recognized in the Magic Quadrant and has been recognized for its ability to execute and completeness of vision. For inquiries about this press release, please contact us at communications@smxtech.com. We are currently hiring Software Development Engineers, Product Managers, Account Managers, Solutions Architects, Support Engineers, System Engineers, Designers and more. Originating in 2021, this is the second year in a row that this report has recognized Deloitte as the Leader. Niche Players focus successfully on a small segment, or are unfocused and do not out-innovate or outperform others. Our Services Deloitte believes this is due to its client-centric approach and cloud integrated offerings that enhance client business solutions using platforms to augment and speed time to value as key differentiators. Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500 and thousands of private companies. For the 2 year in a row, HCL Technologies has been named a Leader in the 2022 Gartner Magic Quadrant for Public Cloud IT Transformation Services. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (DTTL), its global network of member firms, and their related entities (collectively, the Deloitte organization). Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Write For Us / Tips Over the last three years, Deloitte has tripled the size of its cloud practice globally and has made numerous acquisitions of software and product engineering organizations around the world, recently announcing NTC, Dextra Technologiesand BIAS corporation. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com. Our execution and vision helped us earn a Leader Position. Assess the strengths and cautions of vendors offering these services, with detailed and updated descriptions for each vendor. Gartnerand Magic QuadrantTMare registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. Video, About TechNode Global Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. As customers embrace modern cloud native capabilities, our platform and reliability services will accelerate and protect their journey.. Learn how Deloittes more than 345,000 people worldwide make an impact that matters atwww.deloitte.com. These offerings continue to make Oracle a top core banking platform provider. *Read a complimentary copy of the report 2022 GartnerMagic Quadrant for Global Retail Core Banking at: https://www.gartner.com/reprints/?id=1-292ZD0FF&ct=220210&st=sb, For additional information about Oracle FLEXCUBE visit: https://www.oracle.com/at/industries/financial-services/banking/flexcube/, For additional information about Oracle Cloud Infrastructure visit: https://www.oracle.com/at/cloud/. Sorry, you need to enable JavaScript to visit this website. Would you like to receive case studies, whitepapers, newsletters, announcements, and other relevant updates about products and services, events and webinars from HCL Technologies? Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. SMX