Summary
This customer case study outlines Nedbank's strategic implementation of HashiCorp Terraform Cloud to enhance its cloud operations and foster a DevOps culture. As one of South Africa's largest banks, Nedbank aimed to transition to a cloud-first strategy initiated in 2019, focusing on improving efficiency, cost-effectiveness, and security. The case study details the challenges faced by Nedbank, including the need to accelerate the time to market for new financial services and streamline infrastructure provisioning. By adopting Terraform Cloud, Nedbank significantly reduced infrastructure procurement time from months to minutes, achieving a 25% reduction in project delivery costs. The study also highlights the creation of a self-service environment for developers, allowing them to easily request resources while adhering to security standards. The outcomes of this transformation include improved security posture, lower compliance risks, and enhanced collaboration among teams, positioning Nedbank as a leader in digital banking innovation.
