Case Study
First mover advantage in digital banking
Nedbank Group, one of South Africa’s largest banks with 7 million customers and 25,000 employees, leveraged HashiCorp Terraform Cloud to gain a first-mover advantage in digital banking. By adopting Terraform Cloud, Nedbank embraced a DevOps culture that accelerated marketplace innovation and cut delivery costs by 25%. Terraform enabled Nedbank to deliver infrastructure to application teams 99% faster, supporting their broad retail, wholesale, insurance, asset management, and wealth management services. This modernization laid the foundation for faster, more scalable, and efficient digital banking operations in a competitive market.